Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of reconciliation of the beginning and ending common stock outstanding

The Company had no preferred shares outstanding and had common shares outstanding for the years ended December 31, 2025, 2024, and 2023 as follows:


	YEAR ENDED DECEMBER 31,
	2025	2024	2023
Balance, beginning of year	350,532,006	380,964,433	380,589,894
Issuance of common stock	—	8,623	8,627
Conversion of OP units to common stock	22,228	194,767	190,544
Shares repurchased	—	(30,794,250)	—
Non-vested share-based awards, net of withheld shares and forfeitures	1,048,904	158,433	175,368
Balance, end of year	351,603,138	350,532,006	380,964,433

Schedule of reconciliation of beginning and ending balances of accumulated other comprehensive income (loss)

The following table represents the changes in accumulated other comprehensive (loss) income during the years ended December 31, 2025 and 2024:


	INTEREST RATE SWAPS as of December 31,
Dollars in thousands	2025		2024
Beginning balance	$	(1,168)	$	(10,741)
Other comprehensive income (loss) before reclassifications	(5,035)		22,527
Amounts reclassified from accumulated other comprehensive (loss) income	1,029		(12,954)
Net current-period other comprehensive income (loss)	(4,006)		9,573
Ending balance	$	(5,174)	$	(1,168)

Schedule of reclassifications out of accumulated other comprehensive income (loss)

The following table represents the details regarding the reclassifications from accumulated other comprehensive (loss) income during the year ended December 31, 2025 (dollars in thousands):


DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) COMPONENTS	AMOUNT RECLASSIFIED from accumulated other comprehensive income (loss)		AFFECTED LINE ITEM in the statement where net income is presented
Amounts reclassified from accumulated other comprehensive income (loss) related to settled interest rate swaps	$	(229)	Interest Expense
Amounts reclassified from accumulated other comprehensive income (loss) related to settled interest rate swaps	4,301		Interest and other (expense) income, net
Amounts reclassified from accumulated other comprehensive income (loss) related to current interest rate swaps	(3,029)		Interest Expense
	$	1,043