v3.26.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total Revenues $ 259,415 $ 248,326 $ 791,052 $ 738,782
Expenses:        
Rental property operating expenses 80,093 80,023 247,344 231,358
Reimbursed expenses 139 124 431 420
General and administrative expenses 9,854 9,510 33,809 29,957
Interest expense 45,577 41,497 137,742 116,785
Operating property impairment 0 0 36,600 0
Depreciation and amortization 103,258 105,272 316,509 308,276
Other 875 440 1,702 1,305
Total costs and expenses 239,796 236,866 774,137 688,101
Loss from unconsolidated joint ventures (2,101) (2,682) (6,958) (6,152)
Gain (loss) on investment property transactions (509) 0 8,616 0
Net income 17,009 8,778 18,573 44,529
Net income attributable to noncontrolling interests (9) (188) (271) (559)
Net income available to common stockholders $ 17,000 $ 8,590 $ 18,302 $ 43,970
Net income per common share — basic (in usd per share) $ 0.1 $ 0.05 $ 0.11 $ 0.26
Net income per common share — diluted (in usd per share) $ 0.1 $ 0.05 $ 0.11 $ 0.26
Weighted average common shares — basic (in shares) 164,601 167,967 165,324 167,902
Weighted average common shares — diluted (in shares) 165,788 168,738 166,254 168,698
Rental property revenues        
Revenues:        
Total Revenues $ 257,310 $ 246,461 $ 784,132 $ 727,203
Fee income        
Revenues:        
Total Revenues 1,439 526 4,951 1,516
Other        
Revenues:        
Total Revenues $ 666 $ 1,339 $ 1,969 $ 10,063