DEBT OBLIGATIONS - Schedule of Consolidated Debt Obligations Outstanding (Details)
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1 Months Ended |
3 Months Ended |
9 Months Ended |
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Sep. 29, 2026
USD ($)
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Jun. 23, 2026
USD ($)
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May 28, 2026
extension
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Apr. 30, 2024 |
Mar. 31, 2024 |
Sep. 30, 2023 |
Sep. 30, 2026
USD ($)
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Mar. 31, 2026 |
Sep. 30, 2025
USD ($)
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Sep. 30, 2026
USD ($)
extension
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Sep. 30, 2025
USD ($)
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Jun. 24, 2026
USD ($)
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Jun. 22, 2026
USD ($)
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Dec. 31, 2025
USD ($)
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Jan. 16, 2024 |
Dec. 31, 2023 |
Nov. 23, 2022
USD ($)
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 2,415,409,000
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$ 2,415,409,000
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| Less: deferred financing costs |
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(11,491,000)
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(11,491,000)
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| Plus: original issue premium (discount), net |
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5,644,000
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5,644,000
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| Debt, net |
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2,409,562,000
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2,409,562,000
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$ 2,556,862,000
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| Loss on early extinguishment of debt |
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15,417,000
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$ 0
|
15,441,000
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$ 0
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| Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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88,009,000
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|
88,009,000
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|
234,079,000
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| Less: deferred financing costs |
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(1,790,000)
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(1,790,000)
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(1,259,000)
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| Fixed rate debt | 3151 Market Street |
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| Debt Instrument [Line Items] |
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| Loss on early extinguishment of debt |
$ 6,300,000
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| Fixed rate debt | 3151 Market Street | Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Debt retired |
$ 57,300,000
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| Unsecured term loans, net |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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2,325,610,000
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2,325,610,000
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2,328,610,000
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| Less: deferred financing costs |
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(9,701,000)
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(9,701,000)
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(13,587,000)
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| Plus: original issue premium (discount), net |
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5,644,000
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5,644,000
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7,760,000
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| Debt, net |
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2,321,553,000
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2,321,553,000
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2,322,783,000
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| 3025 JFK Construction Loan | Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 0
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$ 0
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178,014,000
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| Debt instrument, face amount |
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$ 250,000,000.0
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| Debt retired |
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$ 178,000,000
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| Number of extensions | extension |
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2
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| Extension term |
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6 months
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| 3025 JFK Construction Loan | Fixed rate debt | SOFR |
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| Debt Instrument [Line Items] |
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| Effective Interest Rate |
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3.60%
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3.60%
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| 3025 JFK Construction Loan | Fixed rate debt | Maximum |
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| Debt Instrument [Line Items] |
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| Debt instrument, interest rate, stated percentage |
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6.60%
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6.60%
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| Avira Secured Term Loan | Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 89,799,000
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$ 89,799,000
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$ 90,000,000
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0
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| Effective Interest Rate |
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1.85%
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| Debt instrument, interest rate, stated percentage |
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5.81%
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| Avira Secured Term Loan | Fixed rate debt | SOFR |
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| Debt Instrument [Line Items] |
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| Effective Interest Rate |
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1.85%
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1.85%
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| 3151 Market C-PACE Loan | Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 0
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$ 0
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57,324,000
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| Effective Interest Rate |
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7.31%
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7.31%
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| Principal balance outstanding | Fixed rate debt |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 89,799,000
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$ 89,799,000
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|
235,338,000
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| $600.0M Unsecured Credit Facility | Unsecured term loans, net |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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137,000,000
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137,000,000
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0
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| Debt instrument, face amount |
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600,000,000.0
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$ 600,000,000.0
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| Number of extensions | extension |
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1
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| Extension term |
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6 months
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| $600.0M Unsecured Credit Facility | Unsecured term loans, net | Daily SOFR Adjustment |
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| Debt Instrument [Line Items] |
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| Variable interest rate |
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0.10%
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| $600.0M Unsecured Credit Facility | Unsecured term loans, net | SOFR |
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| Debt Instrument [Line Items] |
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| Variable interest rate |
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1.50%
|
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| Term Loan - Swapped to fixed | Unsecured term loans, net |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 250,000,000
|
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$ 250,000,000
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|
250,000,000
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| Debt instrument, face amount |
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$ 250,000,000.0
|
| Debt instrument, interest rate, stated percentage |
|
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|
5.41%
|
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5.41%
|
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| Term Loan - Swapped to fixed | Unsecured term loans, net | Daily SOFR Adjustment |
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| Debt Instrument [Line Items] |
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| Variable interest rate |
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0.10%
|
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| Term Loan - Swapped to fixed | Unsecured term loans, net | SOFR |
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| Debt Instrument [Line Items] |
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| Variable interest rate |
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1.70%
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| $450.0M 3.95% Guaranteed Notes due 2027 | Unsecured term loans, net |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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$ 450,000,000
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$ 450,000,000
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|
450,000,000
|
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| Effective Interest Rate |
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|
4.03%
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|
4.03%
|
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| Debt instrument, face amount |
|
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|
$ 450,000,000.0
|
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$ 450,000,000.0
|
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| Debt instrument, interest rate, stated percentage |
|
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|
3.95%
|
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|
3.95%
|
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| $350.0M 7.55% Guaranteed Notes due 2028 | Unsecured term loans, net |
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| Debt Instrument [Line Items] |
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| Principal balance outstanding |
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|
$ 300,000,000
|
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|
$ 300,000,000
|
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|
350,000,000
|
|
|
|
| Effective Interest Rate |
|
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|
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|
8.98%
|
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|
8.98%
|
|
|
|
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| Debt instrument, face amount |
|
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|
|
|
|
$ 350,000,000.0
|
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|
$ 350,000,000.0
|
|
|
|
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| Debt instrument, interest rate, stated percentage |
|
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|
8.30%
|
8.05%
|
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|
|
|
|
|
|
|
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|
7.55%
|
|
| Variable interest rate |
|
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|
0.25%
|
0.25%
|
0.25%
|
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|
|
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|
| $350.0M 4.55% Guaranteed Notes due 2029 | Unsecured term loans, net |
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| Debt Instrument [Line Items] |
|
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| Principal balance outstanding |
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|
|
|
|
$ 350,000,000
|
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|
$ 350,000,000
|
|
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|
350,000,000
|
|
|
|
| Effective Interest Rate |
|
|
|
|
|
|
4.30%
|
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|
4.30%
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
|
|
|
|
$ 350,000,000.0
|
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|
$ 350,000,000.0
|
|
|
|
|
|
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| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
4.55%
|
|
|
4.55%
|
|
|
|
|
|
|
|
| $550.0M 8.88% Guaranteed Notes due 2029 | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| Debt Instrument [Line Items] |
|
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|
|
|
|
|
|
|
|
|
|
|
|
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| Principal balance outstanding |
|
|
|
|
|
|
$ 460,000,000
|
|
|
$ 460,000,000
|
|
|
|
550,000,000
|
|
|
|
| Effective Interest Rate |
|
|
|
|
|
|
8.52%
|
|
|
8.52%
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
|
|
|
|
$ 550,000,000.0
|
|
|
$ 550,000,000.0
|
|
|
|
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
8.88%
|
|
|
8.88%
|
|
|
|
|
|
|
|
| $550.0M 8.88% Guaranteed Notes due 2029 | Unsecured term loans, net | Tender Offer |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
| Debt Instrument [Line Items] |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt retired |
|
|
|
|
|
|
$ 70,000,000
|
|
|
|
|
|
|
|
|
|
|
| $550.0M 8.88% Guaranteed Notes due 2029 | Unsecured term loans, net | Open-market Purchase |
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt retired |
|
|
|
|
|
|
20,000,000
|
|
|
|
|
|
|
|
|
|
|
| $300.0M 6.13% Guaranteed Notes due 2031 | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Principal balance outstanding |
|
|
|
|
|
|
$ 300,000,000
|
|
|
$ 300,000,000
|
|
|
|
300,000,000
|
|
|
|
| Effective Interest Rate |
|
|
|
|
|
|
6.13%
|
|
|
6.13%
|
|
|
|
|
|
|
|
| Debt instrument, face amount |
|
|
|
|
|
|
$ 300,000,000.0
|
|
|
$ 300,000,000.0
|
|
|
|
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
6.13%
|
|
|
6.13%
|
|
|
|
|
|
|
|
| Indenture IA (Preferred Trust I) | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Principal balance outstanding |
|
|
|
|
|
|
$ 27,062,000
|
|
|
$ 27,062,000
|
|
|
|
27,062,000
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5.14%
|
|
|
| Indenture IA (Preferred Trust I) | Unsecured term loans, net | SOFR |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Variable interest rate |
|
|
|
|
|
|
|
|
|
1.51%
|
|
|
|
|
|
|
|
| Indenture IB (Preferred Trust I) | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Principal balance outstanding |
|
|
|
|
|
|
25,774,000
|
|
|
$ 25,774,000
|
|
|
|
25,774,000
|
|
|
|
| Indenture IB (Preferred Trust I) | Unsecured term loans, net | SOFR |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Variable interest rate |
|
|
|
|
|
|
|
|
|
1.51%
|
|
|
|
|
|
|
|
| Indenture II (Preferred Trust II) | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Principal balance outstanding |
|
|
|
|
|
|
$ 25,774,000
|
|
|
$ 25,774,000
|
|
|
|
$ 25,774,000
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5.24%
|
|
|
| Indenture II (Preferred Trust II) | Unsecured term loans, net | SOFR |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Variable interest rate |
|
|
|
|
|
|
|
|
|
1.51%
|
|
|
|
|
|
|
|
| 7.55% Note 2028 | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
7.55%
|
|
|
7.55%
|
|
|
|
|
|
|
|
| 8.80% Note 2028 | Unsecured term loans, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument, interest rate, stated percentage |
|
|
|
|
|
|
8.80%
|
8.80%
|
|
8.80%
|
|
|
|
|
|
|
|
| Variable interest rate |
|
|
|
|
|
|
|
0.50%
|
|
|
|
|
|
|
|
|
|
| 2028 Notes | Unsecured term loans, net | Tender Offer |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt retired |
|
|
|
|
|
|
$ 50,000,000
|
|
|
|
|
|
|
|
|
|
|
| 2028 Notes and 8.88% Notes Due 2029 | Unsecured term loans, net | Tender Offer and Open-market Purchase |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loss on early extinguishment of debt |
|
|
|
|
|
|
$ 9,200,000
|
|
|
|
|
|
|
|
|
|
|