EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Antidilutive Shares Excluded from Computation of Earnings Per Share

The following table presents the number of weighted OP Units and Preferred OP Units, and the potential common shares that were excluded from the computation of earnings per share as their effect would have been anti-dilutive:

	For the Three Months Ended March 31,
	2025	2024
	Equivalent Shares (if converted)	Equivalent Shares (if converted)
Common OP Units	9,369,704	—
Series B Units	221,368	230,234
Series D Units	—	1,272,862
	9,591,072	1,503,096

Schedule of Computation of Earnings Per Common Share

The computation of earnings per common share is as follows for the periods presented:

	For the Three Months Ended March 31,
	2025		2024
Net income attributable to common stockholders	$	270,875	$	213,112
Earnings and dividends allocated to participating securities	(416)		(354)
Earnings for basic computations	270,459		212,758
Income allocated to noncontrolling interest - Preferred OP Units and OP Units	220		8,764
Net income for diluted computations	$	270,679	$	221,522
Weighted average common shares outstanding:
Average number of common shares outstanding - basic	211,850,618		211,283,335
Common OP Units	—		8,731,738
Series D Units	202,124		—
Shares related to dilutive stock options	—		3,704
Average number of common shares outstanding - diluted	212,052,742		220,018,777
Earnings per common share
Basic	$	1.28	$	1.01
Diluted	$	1.28	$	1.01