v3.26.3
Shareholders' Equity, Noncontrolling Interests and Other Comprehensive Loss - Summary of Change in Noncontrolling Interest (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net (loss) income $ (5,623) $ (10,955) $ 156,318 $ (43,554)
Adjustment of redeemable non-controlling interest to estimated redemption value   (1,014) (5,661) (1,014)
Reclassification of realized interest expense on swap agreements (1,778) (3,710) (5,344) (11,173)
Noncontrolling interest contributions 4,259 6,046 5,997 14,414
Noncontrolling interest distributions (3,165) (16,215) (199,108) (25,889)
Employee Long-term Incentive Plan Unit Awards 3,387 3,019 13,150 8,664
Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 339,701 437,033 394,671 436,017
Distributions declared per Common OP Unit (1,621) (1,447) (4,864) (4,337)
Net (loss) income (2,004) (15,006) 120,101 (47,783)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (25) (290) (776) (2,403)
Other comprehensive income - unrealized gain (loss) on valuation of swap agreements 1,832 262 4,420 (2,268)
Consolidation of previously unconsolidated investment       29,573
Adjustment of redeemable non-controlling interest to estimated redemption value   0 0 0
Acquisition of noncontrolling interest   (105) 0 (105)
Reclassification of realized interest expense on swap agreements (197) (606) (385) (1,867)
City Point Loan accrued interest   0 0 0
Noncontrolling interest contributions 4,259 6,046 5,997 14,414
Noncontrolling interest distributions (3,165) (16,215) (199,108) (25,889)
Employee Long-term Incentive Plan Unit Awards 3,060 2,961 12,419 8,407
Reallocation of noncontrolling interests [1] (2,558) (2,653) 6,807 6,221
Ending Balance 339,282 409,980 339,282 409,980
Noncontrolling Interests | Noncontrolling Interests in Partially-Owned Affiliates        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance [2] 230,019 342,434 302,189 350,287
Distributions declared per Common OP Unit [2] 0 0 0 0
Net (loss) income [2] (1,874) (15,320) 118,173 (48,432)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [2] 0 0 0 0
Other comprehensive income - unrealized gain (loss) on valuation of swap agreements [2] 1,232 377 3,408 (1,394)
Consolidation of previously unconsolidated investment [2]       29,573
Adjustment of redeemable non-controlling interest to estimated redemption value   0 0 [2] 0
Acquisition of noncontrolling interest   (105) 0 [2] (105)
Reclassification of realized interest expense on swap agreements [2] (195) (602) (383) (1,839)
City Point Loan accrued interest [2]   0 0 0
Noncontrolling interest contributions [2] 4,259 6,046 5,997 14,414
Noncontrolling interest distributions [2] (3,165) (16,215) (199,108) (25,889)
Employee Long-term Incentive Plan Unit Awards [2] 0 0 0 0
Reallocation of noncontrolling interests [1],[2] 0 0 0 0
Ending Balance [2] 230,276 316,615 230,276 316,615
Noncontrolling Interests | Operating Partnership, as General Partner or Managing Member        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance [3] 109,682 94,599 92,482 85,730
Distributions declared per Common OP Unit [3] (1,621) (1,447) (4,864) (4,337)
Net (loss) income [3] 130 314 1,928 649
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [3] (25) (290) (776) (2,403)
Other comprehensive income - unrealized gain (loss) on valuation of swap agreements [3] 600 (115) 1,012 (874)
Consolidation of previously unconsolidated investment [3]       0
Adjustment of redeemable non-controlling interest to estimated redemption value   0 0 [3] 0
Acquisition of noncontrolling interest   0 [3] 0
Reclassification of realized interest expense on swap agreements [3] (2) (4) (2) (28)
City Point Loan accrued interest [3]   0 0 0
Noncontrolling interest contributions [3] 0 0 0 0
Noncontrolling interest distributions [3] 0 0 0 0
Employee Long-term Incentive Plan Unit Awards [3] 3,060 2,961 12,419 8,407
Reallocation of noncontrolling interests [1],[3] (2,558) (2,653) 6,807 6,221
Ending Balance [3] 109,006 93,365 109,006 93,365
Redeemable Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance [4] 4,499 21,174 9,113 30,583
Distributions declared per Common OP Unit [4] 0 0 0 0
Net (loss) income [4] (25) (1,567) (1,704) (4,960)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [4] 0 0 0 0
Other comprehensive income - unrealized gain (loss) on valuation of swap agreements [4] 0 0 0 0
Consolidation of previously unconsolidated investment [4]       0
Adjustment of redeemable non-controlling interest to estimated redemption value   1,014 5,661 [4] 1,014
Acquisition of noncontrolling interest   (8,232) (8,627) [4] (8,232)
Reclassification of realized interest expense on swap agreements [4] 0 0 0 0
City Point Loan accrued interest [4]   (3,270) (4,119) (9,296)
Noncontrolling interest contributions [4] 0 0 4,155 10
Noncontrolling interest distributions [4] (2) (5) (7) (5)
Employee Long-term Incentive Plan Unit Awards [4] 0 0 0 0
Reallocation of noncontrolling interests [1],[4] 0 0 0 0
Ending Balance [4] $ 4,472 $ 9,114 $ 4,472 $ 9,114
[1] Adjustment reflects the difference between the fair value of the consideration received or paid and the book value of the Common Shares, Common OP Units, Preferred OP Units, and LTIP Units involving changes in ownership.
[2] Noncontrolling interests in partially-owned affiliates comprise third-party interests in Funds II, III, IV and V, and nine other subsidiaries during the periods in which such interests were held.
[3] Noncontrolling interests in the Operating Partnership are comprised of (i) the limited partners’ 2,285,342 and 2,054,386 Common OP Units as of September 30, 2026 and 2025; (ii) 188 Series A Preferred OP Units as of September 30, 2026 and 2025; (iii) 66,519 Series C Preferred OP Units as of September 30, 2025, with none outstanding as of September 30, 2026; and (iv) 6,179,218 and 5,231,199 LTIP units as of September 30, 2026 and 2025, respectively, as discussed in the Amended and Restated 2020 Plan (Note 13). Distributions declared for Preferred OP Units are reflected in net income (loss) in the table above.
[4] Redeemable noncontrolling interests comprise third-party interests that have been granted put rights, as further described below.