Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Operating Activities
Net (loss) income	$ (28,362)	$ 20,348
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	128,087	104,047
Equity in net loss (income) from unconsolidated joint ventures	21,605	(115,485)
Distributions of cumulative earnings from unconsolidated joint ventures	280	237
Equity in net loss (gain) on sale of interest in unconsolidated joint venture/real estate	1,946	(18,635)
Purchase price and other fair value adjustments	19,228	49,227
Depreciable real estate reserves and impairment	8,546	65,839
Loss on sale of real estate, net	649	2,741
Loan loss reserves and other investment reserves, net of recoveries	(71,326)	0
Gain on sale of investments in marketable securities	(10,232)	0
Gain on early extinguishment of debt	0	(17,777)
Deferred rents receivable	2,247	(2,009)
Non-cash lease expense	10,430	10,052
Other non-cash adjustments	23,054	24,194
Changes in operating assets and liabilities:
Tenant and other receivables	(513)	(8,312)
Related party receivables	14,934	4,959
Deferred lease costs	(13,850)	(7,669)
Other assets	(15,242)	11,631
Accounts payable, accrued expenses, other liabilities and security deposits	(3,375)	(60,375)
Deferred revenue	(9,838)	(64)
Lease liability - operating leases	(17,070)	(8,252)
Net cash provided by operating activities	61,198	54,697
Investing Activities
Acquisitions of real estate property	(112,440)	0
Additions to land, buildings and improvements	(136,058)	(108,063)
Acquisition deposits and deferred purchase price	0	(12,817)
Investments in unconsolidated joint ventures	(57,123)	(325,282)
Distributions in excess of cumulative earnings from unconsolidated joint ventures	45,214	66,735
Net proceeds from disposition of real estate/joint venture interest	95,930	457,142
Proceeds from sale or redemption of marketable securities	53,107	0
Investments in marketable securities	(36,368)	(5,604)
Investments in real estate loans held by consolidated securitization vehicles	(49,296)	0
Repayment of real estate loans held by consolidated securitization vehicles	198,296	0
Other investments	(36,369)	(5,530)
Origination of debt and preferred equity investments	(12,595)	(8,275)
Repayments or redemption of debt and preferred equity investments	3,214	63,496
Net cash (used in) provided by investing activities	(44,488)	121,802
Financing Activities
Proceeds from mortgages and other loans payable	96,040	493
Repayments of mortgages and other loans payable	(3,663)	(34,987)
Proceeds from revolving credit facility, term loans and unsecured notes	480,000	700,000
Repayments of revolving credit facility, term loans and unsecured notes	(440,000)	(720,000)
Proceeds from stock options exercised and DRSPP issuance	131	120
Proceeds from issuance of common stock	(871)	0
Redemption of OP units	(21,491)	(24,915)
Distributions to noncontrolling interests in other partnerships	(1,601)	(2,807)
Contributions from noncontrolling interests in other partnerships	4,696	1,823
Distributions to noncontrolling interests in the Operating Partnership	(7,962)	(7,126)
Contributions from noncontrolling interests to debt fund investments	24,193	0
Dividends paid on common and preferred stock	(120,396)	(108,462)
Tax withholdings related to restricted share awards	(13,700)	0
Deferred loan costs	(907)	(346)
Net cash used in financing activities	(5,531)	(196,207)
Net decrease in cash, cash equivalents, and restricted cash	11,179	(19,708)
Cash, cash equivalents, and restricted cash at beginning of year	331,638	335,519
Cash, cash equivalents, and restricted cash at end of period	342,817	315,811
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Measurement adjustment for redeemable noncontrolling interest	22,893	42,477
Conversion of partner loan	15,623	0
Investment in joint venture	0	10,639
Consolidation of a subsidiary	0	6,678
Consolidation of mortgage loan payable	0	205,000
Acquisition of subsidiary interest from noncontrolling interest	51,654	5,674
Transfer of investments to debt fund	38,422	0
Contribution to consolidated joint venture interest	51	0
Extinguishment of debt	0	18,000
Debt and preferred equity investments	0	1,133
Removal of fully depreciated commercial real estate properties	2,747	4,585
Share repurchase or redemption payable	0	4,932
Consolidation of securitization vehicle assets	828,143	0
Consolidation of securitization vehicle liabilities	828,143	0
Cash and cash equivalents	182,912	199,501
Restricted cash	159,905	116,310
Total cash, cash equivalents, and restricted cash	$ 342,817	$ 315,811