v3.26.3
Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid- In-Capital
Treasury Stock
Accumulated Other Comprehensive (Loss) / Income
Retained Deficit
Noncontrolling Interests
Series I Preferred Stock
Preferred stock
Beginning balance at Dec. 31, 2024 $ 4,069,951 $ 711 $ 4,159,562 $ 0 $ 18,196 $ (449,101) $ 118,651 $ 221,932
Beginning balance (in shares) at Dec. 31, 2024   71,097            
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 841         3,920 (3,079)  
Acquisition of subsidiary interest from noncontrolling interest (15,631)   36,023       (51,654)  
Other comprehensive income (loss) (37,980)       (37,980)      
Perpetual preferred stock dividends (11,213)         (11,213)    
DRSPP proceeds (in shares)   3            
DRSPP proceeds 189   189          
Conversion of units in the operating partnership for common stock (in shares)   5            
Measurement adjustment for redeemable noncontrolling interest (14,814)         (14,814)    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   (77)            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings 11,237 $ (1) 10,540       698  
Proceeds from issuance of common stock (871)   (871)          
Contributions to consolidated joint venture interests 4,686           4,686  
Contributions to debt fund investments, net 85,100           85,100  
Cash distributions to noncontrolling interests (1,818)           (1,818)  
Cash distributions declared (163,445)         (163,445)    
Ending balance at Sep. 30, 2025 3,926,232 $ 710 4,205,443 0 (19,784) (634,653) 152,584 221,932
Ending balance (in shares) at Sep. 30, 2025   71,028            
Beginning balance at Dec. 31, 2024 4,069,951 $ 711 4,159,562 0 18,196 (449,101) 118,651 221,932
Beginning balance (in shares) at Dec. 31, 2024   71,097            
Ending balance at Dec. 31, 2025 3,912,448 $ 711 4,212,590 0 (22,198) (741,880) 241,293 221,932
Ending balance (in shares) at Dec. 31, 2025   71,159            
Beginning balance at Jun. 30, 2025 3,880,103 $ 710 4,198,303 0 (16,324) (613,117) 88,599 221,932
Beginning balance (in shares) at Jun. 30, 2025   71,025            
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 31,270         28,612 2,658  
Other comprehensive income (loss) (3,460)       (3,460)      
Perpetual preferred stock dividends (3,738)         (3,738)    
DRSPP proceeds (in shares)   1            
DRSPP proceeds 58   58          
Measurement adjustment for redeemable noncontrolling interest 8,081         8,081    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   2            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings 7,780   7,082       698  
Distributions from consolidated joint venture interests (61)           (61)  
Contributions to debt fund investments, net 60,907           60,907  
Cash distributions to noncontrolling interests (217)           (217)  
Cash distributions declared (54,491)         (54,491)    
Ending balance at Sep. 30, 2025 3,926,232 $ 710 4,205,443 0 (19,784) (634,653) 152,584 221,932
Ending balance (in shares) at Sep. 30, 2025   71,028            
Beginning balance at Dec. 31, 2025 3,912,448 $ 711 4,212,590 0 (22,198) (741,880) 241,293 221,932
Beginning balance (in shares) at Dec. 31, 2025   71,159            
Increase (Decrease) in Stockholders' Equity                
Net income (loss) (2,295)         (27,489) 25,194  
Other comprehensive income (loss) 50,399       50,399      
Perpetual preferred stock dividends (11,213)         (11,213)    
DRSPP proceeds (in shares)   4            
DRSPP proceeds 195   195          
Conversion of units in the operating partnership for common stock (in shares)   94            
Conversion of units in the Operating Partnership for common stock 1 $ 1            
Measurement adjustment for redeemable noncontrolling interest (52,555)         (52,555)    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   (29)            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings 15,630   14,388       1,242  
Repurchases of common stock (in shares)   (283)            
Repurchases of common stock (14,068) $ (4) (14,064)          
Contributions to consolidated joint venture interests 3,156           3,156  
Consolidation of joint venture interest 38,421           38,421  
Contributions to debt fund investments, net 193,265           193,265  
Cash distributions to noncontrolling interests (8,626)           (8,626)  
Cash distributions declared (130,879)         (130,879)    
Ending balance at Sep. 30, 2026 3,993,879 $ 708 4,213,109 0 28,201 (964,016) 493,945 221,932
Ending balance (in shares) at Sep. 30, 2026   70,945            
Beginning balance at Jun. 30, 2026 3,916,590 $ 705 4,206,490 0 5,353 (1,016,905) 499,015 221,932
Beginning balance (in shares) at Jun. 30, 2026   70,853            
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 81,618         75,930 5,688  
Other comprehensive income (loss) 22,848       22,848      
Perpetual preferred stock dividends (3,738)         (3,738)    
DRSPP proceeds (in shares)   1            
DRSPP proceeds 50   50          
Conversion of units in the operating partnership for common stock (in shares)   90            
Conversion of units in the Operating Partnership for common stock 1 $ 1            
Measurement adjustment for redeemable noncontrolling interest 24,308         24,308    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   1            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings 6,880 $ 2 6,569       309  
Contributions to consolidated joint venture interests 69           69  
Distributions from debt fund investments, net (11,043)           (11,043)  
Cash distributions to noncontrolling interests (93)           (93)  
Cash distributions declared (43,611)         (43,611)    
Ending balance at Sep. 30, 2026 $ 3,993,879 $ 708 $ 4,213,109 $ 0 $ 28,201 $ (964,016) $ 493,945 $ 221,932
Ending balance (in shares) at Sep. 30, 2026   70,945