Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Operating Activities
Net income	$ 6,799	$ 11,084
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	193,027	158,892
Equity in net loss (income) from unconsolidated joint ventures	30,892	(100,057)
Distributions of cumulative earnings from unconsolidated joint ventures	437	306
Equity in net gain on sale of interest in unconsolidated joint venture/real estate	(84,926)	(19,006)
Purchase price and other fair value adjustments	8,090	36,321
Depreciable real estate reserves and impairment	8,546	65,839
Loss (gain) on sale of real estate, net	1,717	(4,730)
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	520	(2,166)
Non-cash lease expense	15,879	15,147
Other non-cash adjustments	33,126	31,460
Changes in operating assets and liabilities:
Tenant and other receivables	(4,551)	(12,693)
Related party receivables	11,677	181
Deferred lease costs	(18,649)	(11,920)
Other assets	(27,202)	(11,332)
Accounts payable, accrued expenses, other liabilities and security deposits	(10,940)	(57,291)
Deferred revenue	(6,971)	1,616
Lease liability - operating leases	(21,493)	(12,454)
Net cash provided by operating activities	54,420	71,420
Investing Activities
Acquisitions of real estate property	(110,380)	0
Additions to land, buildings and improvements	(182,952)	(162,691)
Acquisition deposits and deferred purchase price	(10,050)	(12,817)
Investments in unconsolidated joint ventures	(145,583)	(371,948)
Distributions in excess of cumulative earnings from unconsolidated joint ventures	93,722	99,307
Net proceeds from disposition of real estate/joint venture interest	212,168	478,151
Cash and restricted cash assumed from consolidation of real estate investment	4,163	0
Proceeds from sale or redemption of marketable securities	60,107	0
Investments in marketable securities	(41,413)	(5,604)
Investments in real estate loans held by consolidated securitization vehicles	(49,296)	(108,893)
Repayment of real estate loans held by consolidated securitization vehicles	(231,704)	0
Proceeds from sale or redemption of real estate loans held by consolidated securitization vehicles	430,000
Other investments	(36,515)	(7,350)
Origination or purchase of debt fund investments	(49,509)	0
Repayment or redemption of debt fund investments	20,000	0
Origination of debt and preferred equity investments	(13,073)	(9,126)
Repayments or redemption of debt and preferred equity investments	9,214	63,496
Net cash used in investing activities	(41,101)	(37,475)
Financing Activities
Proceeds from mortgages and other loans payable	104,403	900
Repayments of mortgages and other loans payable	(17,046)	(36,488)
Proceeds from revolving credit facility, term loans and unsecured notes	660,000	920,000
Repayments of revolving credit facility, term loans and unsecured notes	(590,000)	(745,000)
Proceeds from stock options exercised and DRSPP issuance	189	14,291
Proceeds from issuance of common stock	(871)	0
Redemption of OP units	(21,558)	(31,491)
Distributions to noncontrolling interests in other partnerships	(1,818)	(4,567)
Contributions from noncontrolling interests in other partnerships	4,635	1,823
Distributions to noncontrolling interests in the Operating Partnership	(11,687)	(10,545)
Contributions from noncontrolling interests to debt fund investments	85,100	0
Dividends paid on common and preferred stock	(180,982)	(162,787)
Tax withholdings related to restricted share awards	(13,744)	0
Deferred loan costs	(4,535)	(475)
Net cash provided by (used in) financing activities	12,086	(54,339)
Net increase (decrease) in cash, cash equivalents, and restricted cash	25,405	(20,394)
Cash, cash equivalents, and restricted cash at beginning of year	331,638	335,519
Cash, cash equivalents, and restricted cash at end of period	357,043	315,125
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Exchange of preferred equity investment for real estate or equity in joint venture	138,954	0
Measurement adjustment for redeemable noncontrolling interest	14,815	77,400
Conversion of partner loan	15,632	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	5,157	4,774
Receivable from sale of unconsolidated joint venture assets	86,635	0
Share repurchase or redemption payable	0	9,514
Share issuance receivable	0	9,462
Recognition of lease liabilities arising from obtaining right-of-use assets	20,169	0
Consolidation of securitization vehicle assets	828,143	600,521
Consolidation of securitization vehicle liabilities	828,143	600,521
Cash and cash equivalents	187,039	188,216
Restricted cash	170,004	126,909
Total cash, cash equivalents, and restricted cash	$ 357,043	$ 315,125