v3.26.1
Business Segments - Schedule of Information for Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Summary information for the reportable segments        
Total revenues $ 193,931 $ 200,477 $ 387,613 $ 403,949
Property management and operating expenses 70,737 70,114 141,163 140,668
Other operating expenses not allocated to segments 107,330 94,918 203,891 188,557
Property management and operating expenses 178,067 165,032 345,054 329,225
Proportionate property net operating income (loss) 15,864 35,445 42,559 74,724
Other items included in income (loss) before income tax benefit (expense) (56,008) 44,859 (111,647) 45,762
Income (loss) before income tax benefit (expense) (40,144) 80,304 (69,088) 120,486
Real Estate Operations        
Summary information for the reportable segments        
Total revenues 186,042 182,446 373,171 365,376
Property management and operating expenses 65,381 63,430 127,556 123,396
Other operating expenses not allocated to segments 0 0 0 0
Property management and operating expenses 65,381 63,430 127,556 123,396
Proportionate property net operating income (loss) 120,661 119,016 245,615 241,980
Other items included in income (loss) before income tax benefit (expense) (6,136) 0 (6,136) 0
Income (loss) before income tax benefit (expense) 114,525 119,016 239,479 241,980
Corporate and other        
Summary information for the reportable segments        
Total revenues 7,889 18,031 14,442 38,573
Property management and operating expenses 5,356 6,684 13,607 17,272
Other operating expenses not allocated to segments 107,330 94,918 203,891 188,557
Property management and operating expenses 112,686 101,602 217,498 205,829
Proportionate property net operating income (loss) (104,797) (83,571) (203,056) (167,256)
Other items included in income (loss) before income tax benefit (expense) (49,872) 44,859 (105,511) 45,762
Income (loss) before income tax benefit (expense) $ (154,669) $ (38,712) $ (308,567) $ (121,494)