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Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Rental Property:    
Land $ 793,164,000 $ 771,794,000
Buildings and improvements, net of accumulated depreciation of $1,221,545 and $1,085,866, respectively 5,396,280,000 5,295,120,000
Deferred leasing intangibles, net of accumulated amortization of $426,813 and $386,627, respectively 381,714,000 428,865,000
Total rental property, net 6,571,158,000 6,495,779,000
Cash and cash equivalents 17,319,000 36,284,000
Restricted cash 1,110,000 1,109,000
Tenant accounts receivable 144,996,000 136,357,000
Prepaid expenses and other assets 109,705,000 96,189,000
Interest rate swaps 16,945,000 36,466,000
Operating lease right-of-use assets 29,756,000 31,151,000
Assets held for sale, net 6,091,000 0
Total assets 6,897,080,000 6,833,335,000
Liabilities:    
Unsecured credit facility 110,000,000 409,000,000
Unsecured term loans, net 1,021,045,000 1,021,848,000
Unsecured notes, net 1,966,606,000 1,594,092,000
Mortgage note, net 4,035,000 4,195,000
Accounts payable, accrued expenses and other liabilities 154,515,000 126,811,000
Interest rate swaps 1,271,000 0
Tenant prepaid rent and security deposits 55,065,000 56,173,000
Dividends and distributions payable 23,669,000 23,469,000
Deferred leasing intangibles, net of accumulated amortization of $35,569 and $31,368, respectively 26,879,000 33,335,000
Operating lease liabilities 34,039,000 35,304,000
Total liabilities 3,397,124,000 3,304,227,000
Commitments and contingencies (Note 11)
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]    
Preferred stock 0 0
Common stock, par value $0.01 per share, 300,000,000 shares authorized at September 30, 2025 and December 31, 2024, 186,744,593 and 186,517,523 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 1,867,000 1,865,000
Additional paid-in capital 4,456,453,000 4,449,964,000
Cumulative dividends in excess of earnings (1,048,331,000) (1,029,757,000)
Accumulated other comprehensive income 15,236,000 35,579,000
Total stockholders’ equity 3,425,225,000 3,457,651,000
Noncontrolling interest in operating partnership 71,078,000 69,932,000
Noncontrolling interest in joint ventures 3,653,000 1,525,000
Total equity 3,499,956,000 3,529,108,000
Total liabilities and equity $ 6,897,080,000 $ 6,833,335,000