Corporate Indebtedness (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of senior unsecured notes and other related disclosures by scheduled maturity date

The following table sets forth our senior unsecured notes and other related disclosures as of December 31, 2025 and 2024, respectively, by scheduled maturity date (dollars in thousands):

	December 31, 2025				December 31, 2024
Issuance	Unpaid Principal Balance		Accreted Balance		Accreted Balance		Interest Rate (1)			Initial Term (in Years)	Maturity Date
December 17, 2015 (2)	$	—	$	—	$	100,000		4.27	%	10	December 2025
	$	—	$	—	$	100,000
Deferred financing costs, net			$	—	(103)
	$	—	$	—	$	99,897

(1)Interest rate as of December 31, 2024. The notes were repaid upon maturity in December 2025.

(2)Issued by the Company and the Operating Partnership as co-obligors in a private placement.

Schedule of combined aggregate principal maturities

Combined aggregate principal maturities of mortgages and other loans payable, the 2021 credit facility, trust preferred securities, senior unsecured notes and our share of joint venture debt as of December 31, 2025, including as-of-right extension options but excluding other extension options, were as follows (in thousands):

	Principal		Revolving Credit Facility		Unsecured Term Loans		Trust Preferred Securities		Total		Company's Share of Joint Venture Debt
2026	555,148		—		100,000		—		$	655,148	1,080,248
2027	879,277		640,000		1,050,000		—		2,569,277		1,749,857
2028	284,550		—		—		—		284,550		576,793
2029	177,000		—		—		—		177,000		—
2030	—		—		—		—		—		840,000
Thereafter	258,524		—		—		100,000		358,524		1,650,300
Total	$	2,154,499	$	640,000	$	1,150,000	$	100,000	$	4,044,499	$	5,897,198

Schedule of consolidated interest expense, excluding capitalized interest

Consolidated interest expense, excluding capitalized interest, was comprised of the following (in thousands):

	Year Ended December 31,
	2025		2024		2023
Interest expense before capitalized interest	$	215,620	$	196,334	$	228,840
Interest on financing leases	4,558		4,502		4,446
Capitalized interest	(28,192)		(50,148)		(95,980)
Amortization of discount on assumed debt	1,284		494		2,842
Interest income	(5,614)		(3,962)		(3,034)
Interest expense, net	$	187,656	$	147,220	$	137,114