v3.26.3
BENEFICIARIES' EQUITY OF THE PARENT COMPANY (Tables)
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
Three Months Ended September 30,
20262025
BasicDilutedBasicDiluted
Numerator
Net loss$(22,142)$(22,142)$(25,998)$(25,998)
Net loss attributable to noncontrolling interests108 108 79 79 
Nonforfeitable dividends allocated to unvested restricted shareholders(228)(228)(313)(313)
Net loss attributable to common shareholders$(22,262)$(22,262)$(26,232)$(26,232)
Denominator
Weighted-average shares outstanding172,010,229 172,010,229 173,699,312 173,699,312 
Weighted-average shares outstanding172,010,229 172,010,229 173,699,312 173,699,312 
Loss per Common Share:
Net loss attributable to common shareholders$(0.13)$(0.13)$(0.15)$(0.15)
Nine Months Ended September 30,
20262025
BasicDilutedBasicDiluted
Numerator
Net loss$(102,481)$(102,481)$(141,990)$(141,990)
Net loss attributable to noncontrolling interests446 446 427 427 
Nonforfeitable dividends allocated to unvested restricted shareholders(794)(794)(1,064)(1,064)
Net loss attributable to common shareholders$(102,829)$(102,829)$(142,627)$(142,627)
Denominator
Weighted-average shares outstanding173,377,458 173,377,458 173,385,330 173,385,330 
Weighted-average shares outstanding173,377,458 173,377,458 173,385,330 173,385,330 
Loss per Common Share:
Net loss attributable to common shareholders$(0.59)$(0.59)$(0.82)$(0.82)
The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):
Three Months Ended September 30,
20262025
BasicDilutedBasicDiluted
Numerator
Net loss$(22,142)$(22,142)$(25,998)$(25,998)
Net loss attributable to noncontrolling interests35 35 1 1 
Nonforfeitable dividends allocated to unvested restricted unitholders(228)(228)(313)(313)
Net loss attributable to common unitholders$(22,335)$(22,335)$(26,310)$(26,310)
Denominator
Total weighted-average units outstanding172,525,823 172,525,823 174,214,907 174,214,907 
Loss per Common Partnership Unit:
Net loss attributable to common unitholders$(0.13)$(0.13)$(0.15)$(0.15)
Nine Months Ended September 30,
20262025
BasicDilutedBasicDiluted
Numerator
Net loss$(102,481)$(102,481)$(141,990)$(141,990)
Net loss attributable to noncontrolling interests132 132 1 1 
Nonforfeitable dividends allocated to unvested restricted unitholders(794)(794)(1,064)(1,064)
Net loss attributable to common unitholders$(103,143)$(103,143)$(143,053)$(143,053)
Denominator
Total weighted-average units outstanding173,893,052 173,893,052 173,900,925 173,900,925 
Loss per Common Partnership Unit:
Net loss attributable to common unitholders$(0.59)$(0.59)$(0.82)$(0.82)