CONDENSED CONSOLIDATED STATEMENTS OF PARTNERS’ CAPITAL (DEFICIT) - USD ($) $ in Thousands |
Total |
Common Partnership Units |
General Partner and Special Limited Partner |
Limited Partners |
Limited Partners
Common Partnership Units
|
Partners' Capital Attributable to the AIR Operating Partnership |
Partners' Capital Attributable to the AIR Operating Partnership
Common Partnership Units
|
Noncontrolling Interests in Consolidated Real Estate Partnerships |
|---|---|---|---|---|---|---|---|---|
| Beginning balance at Dec. 31, 2024 | $ (32,291) | $ (61,484) | $ 126,848 | $ 65,364 | $ (97,655) | |||
| Increase (Decrease) in Partners' Capital [Roll Forward] | ||||||||
| Redemption of common partnership units | $ (66,567) | $ (66,567) | $ (66,567) | |||||
| Effect of changes in ownership of consolidated entities | (65,067) | 65,067 | ||||||
| Other comprehensive loss | (2,002) | (1,895) | (107) | (2,002) | ||||
| Net income (loss) | 117,915 | 81,642 | 4,723 | 86,365 | 31,550 | |||
| Distributions to common unitholders | (198,003) | (189,385) | (8,618) | (198,003) | ||||
| Distributions to noncontrolling interests | (8,921) | (8,921) | ||||||
| Other, net | (91) | 15 | 15 | (106) | ||||
| Ending balance at Jun. 30, 2025 | (189,960) | (236,174) | 121,346 | (114,828) | (75,132) | |||
| Beginning balance at Mar. 31, 2025 | (65,942) | (91,991) | 127,186 | 35,195 | (101,137) | |||
| Increase (Decrease) in Partners' Capital [Roll Forward] | ||||||||
| Redemption of common partnership units | (180) | (180) | (180) | |||||
| Effect of changes in ownership of consolidated entities | (354) | 354 | ||||||
| Other comprehensive loss | (1,006) | (958) | (48) | (1,006) | ||||
| Net income (loss) | 78,907 | 46,509 | 2,652 | 49,161 | 29,746 | |||
| Distributions to common unitholders | (198,003) | (189,385) | (8,618) | (198,003) | ||||
| Distributions to noncontrolling interests | (3,635) | (3,635) | ||||||
| Other, net | (101) | 5 | 5 | (106) | ||||
| Ending balance at Jun. 30, 2025 | (189,960) | (236,174) | 121,346 | (114,828) | (75,132) | |||
| Beginning balance at Dec. 31, 2025 | (309,432) | (295,007) | 118,505 | (176,502) | (132,930) | |||
| Increase (Decrease) in Partners' Capital [Roll Forward] | ||||||||
| Redemption of common partnership units | (197) | (197) | (197) | |||||
| Effect of changes in ownership of consolidated entities | (150) | 150 | ||||||
| Other comprehensive loss | (1,763) | (1,688) | (75) | (1,763) | ||||
| Net income (loss) | (71,396) | (69,410) | (3,355) | (72,765) | 1,369 | |||
| Distributions to common unitholders | (180,333) | (172,574) | (7,759) | (180,333) | ||||
| Distributions to noncontrolling interests | (2,053) | (2,053) | ||||||
| Other, net | (12) | (12) | (12) | |||||
| Ending balance at Jun. 30, 2026 | (565,186) | (538,841) | 107,269 | (431,572) | (133,614) | |||
| Beginning balance at Mar. 31, 2026 | (492,065) | (469,321) | 110,633 | (358,688) | (133,377) | |||
| Increase (Decrease) in Partners' Capital [Roll Forward] | ||||||||
| Redemption of common partnership units | $ (138) | $ (138) | $ (138) | |||||
| Effect of changes in ownership of consolidated entities | (54) | 54 | ||||||
| Other comprehensive loss | (767) | (735) | (32) | (767) | ||||
| Net income (loss) | (41,289) | (40,117) | (1,962) | (42,079) | 790 | |||
| Distributions to common unitholders | (29,896) | (28,610) | (1,286) | (29,896) | ||||
| Distributions to noncontrolling interests | (1,027) | (1,027) | ||||||
| Other, net | (4) | (4) | (4) | |||||
| Ending balance at Jun. 30, 2026 | $ (565,186) | $ (538,841) | $ 107,269 | $ (431,572) | $ (133,614) |