v3.26.3
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
 9 Months Ended
Sep. 30, 2026
Payables and Accruals [Abstract]  
Summary of Accounts Payable and Accrued Expenses
A summary of the Company’s Accounts payable and accrued expenses follows:
September 30,
2026		December 31,
2025
(In thousands)
Property taxes payable                                                                                  $93,703 14,707 
Development costs payable                                                                                  14,215 15,919 
Retainage payable9,261 6,324 
Real estate improvements and capitalized leasing costs payable9,353 10,341 
Interest payable                                                                                  12,628 8,041 
Dividends payable                                                        96,110 84,725 
Book overdraft (1)
8,747 9,052 
Incentive compensation payable7,924 8,614 
Other payables and accrued expenses                                                                                  10,719 12,222 
 Total Accounts payable and accrued expenses
$262,660 169,945 
(1)Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in Unsecured bank credit facilities, net of debt issuance costs on the Consolidated Balance Sheets.