v3.26.3
Unconsolidated Affiliates and Noncontrolling Interests -Summarized Financial Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
ASSETS:                    
Investment in real estate assets [1] $ 2,257,601   $ 2,257,601       $ 2,221,541      
Accumulated depreciation [1] (408,254)   (408,254)       (355,900)      
Net investment in real estate assets [1] 1,849,347   1,849,347       1,865,641      
Developments in progress [1] 10,324   10,324       10,533      
Net investment in real estate assets [1] 1,867,122   1,867,122       1,876,174      
Total assets [1] 2,660,818   2,660,818       2,729,099      
LIABILITIES:                    
Mortgage and other indebtedness, net 2,025,450   2,025,450       2,170,785      
Total liabilities [1] 2,243,029   2,243,029       2,364,425      
OWNERS' EQUITY:                    
The Company 422,186   422,186       374,936      
Noncontrolling interests (4,397)   (4,397)       (10,262)      
Total equity 417,789 $ 340,560 417,789 $ 340,560 $ 422,239 $ 387,339 364,674 $ 277,513 $ 283,762 $ 312,864
Total liabilities, redeemable noncontrolling interests and equity 2,660,818   2,660,818       2,729,099      
Total revenues [2],[3] 148,697 139,280 441,144 421,953            
Net income 11,845 75,060 104,551 85,605            
BI Development II, LLC                    
ASSETS:                    
Investment in real estate assets 1,147,113   1,147,113       1,255,163      
Accumulated depreciation (546,587)   (546,587)       (574,364)      
Net investment in real estate assets 600,526   600,526       680,799      
Developments in progress 1,213   1,213       1,315      
Net investment in real estate assets 601,739   601,739       682,114      
Other assets 116,693   116,693       135,138      
Total assets 718,432   718,432       817,252      
LIABILITIES:                    
Mortgage and other indebtedness, net 697,999   697,999       715,013      
Other liabilities 35,953   35,953       23,468      
Total liabilities 733,952   733,952       738,481      
OWNERS' EQUITY:                    
The Company 57,912   57,912       78,016      
Noncontrolling interests (73,432)   (73,432)       755      
Total equity (15,520)   (15,520)       78,771      
Total liabilities, redeemable noncontrolling interests and equity 718,432   718,432       $ 817,252      
Total revenues 46,920 45,121 139,621 133,959            
Net income [4] $ 34,488 $ 10,238 $ 74,509 $ 62,784            
[1] As of September 30, 2026, includes $155,197 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $174,402 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 8.
[2] Management, development and leasing fees earned by the Management Company are included in the All Other category. See Note 3 for information on the Company’s revenues disaggregated by revenue source.
[3] Sales taxes are excluded from revenues.
[4] The Company's pro rata share of net income was $17,246 and $1,696 for the three months ended September 30, 2026 and 2025, respectively. For the nine months ended September 30, 2026 and 2025, the Company's pro rata share of net income was $49,834 and $15,046, respectively.