v3.26.3
REPORTABLE SEGMENTS - Schedule of Information about Net Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Rental income $ 188,944 $ 178,293 $ 559,676 $ 525,943
Fees and management income 3,464 3,274 10,963 9,373
Other property income 680 1,102 2,809 3,417
Total revenues 193,088 182,669 573,448 538,733
Operating Expenses:        
Property operating 31,193 30,197 96,266 89,455
Real estate taxes 23,343 22,226 67,923 64,584
Depreciation and amortization 68,858 65,603 201,229 202,080
Total operating expenses 135,300 130,778 402,842 393,879
Other:        
Interest expense, net (28,118) (28,544) (87,284) (81,935)
Gain on disposal of property, net 40,605 4,255 66,812 9,798
Other expense, net (1,651) (374) (3,014) (2,344)
Net income 68,624 27,228 147,120 70,373
Net income attributable to noncontrolling interests (5,946) (2,543) (12,947) (6,595)
Net income attributable to stockholders 62,678 24,685 134,173 63,778
Reportable Segment        
Revenues:        
Rental income 188,944 178,293 559,676 525,943
Fees and management income 3,464 3,274 10,963 9,373
Other property income 680 1,102 2,809 3,417
Total revenues 193,088 182,669 573,448 538,733
Operating Expenses:        
Property operating 31,193 30,197 96,266 89,455
Real estate taxes 23,343 22,226 67,923 64,584
Employee-related expenses 8,131 8,972 24,931 25,606
Other general and administrative expenses 3,775 3,780 12,493 12,154
Depreciation and amortization 68,858 65,603 201,229 202,080
Total operating expenses 135,300 130,778 402,842 393,879
Other:        
Interest expense, net (28,118) (28,544) (87,284) (81,935)
Gain on disposal of property, net 40,605 4,255 66,812 9,798
Other expense, net (1,651) (374) (3,014) (2,344)
Net income 68,624 27,228 147,120 70,373
Net income attributable to noncontrolling interests (5,946) (2,543) (12,947) (6,595)
Net income attributable to stockholders $ 62,678 $ 24,685 $ 134,173 $ 63,778