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Financial Instruments: Derivatives and Hedging (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional and Fair Value of Derivative Financial Instruments and Foreign Currency Hedges
The following table summarizes the notional value at inception and fair value of our consolidated interest rate derivatives as of March 31, 2026 based on Level 2 information. The notional value is an indication of the extent of our involvement in these instruments at that time, but does not represent exposure to credit, interest rate or market risks (dollars in thousands).
Notional
Value		Strike
Rate		Effective
Date		Expiration
Date		Balance Sheet LocationFair
Value
Interest Rate Swap$300,000 2.866 %July 2023May 2027 Other Assets $2,491 
Interest Rate Swap100,0002.903 %February 2023February 2027 Other Assets 625 
Interest Rate Swap100,0002.733 %February 2023February 2027 Other Assets 767 
Interest Rate Swap50,0002.463 %February 2023February 2027 Other Assets 496 
Interest Rate Swap200,0002.591 %February 2023February 2027 Other Assets 1,771 
Interest Rate Swap100,0003.756 %January 2023January 2028Other Liabilities(291)
Interest Rate Swap370,0003.888 %November 2022June 2027Other Liabilities(1,132)
Interest Rate Swap150,0003.524 %January 2024May 2027 Other Assets 184 
Interest Rate Swap300,0004.487 %November 2024November 2027Other Liabilities(4,169)
Interest Rate Swap68,6784.466 %August 2024June 2027Other Liabilities(701)
Interest Rate Swap204,4383.915 %February 2025May 2028Other Liabilities(1,400)
Interest Rate Swap125,0003.667 %August 2024December 2026Other Liabilities(11)
Interest Rate Swap125,0003.670 %August 2024December 2026Other Liabilities(14)
Interest Rate Swap80,0004.174 %February 2025February 2028Other Liabilities(854)
Interest Rate Sold Cap72,3144.000 %July 2025June 2026 Other Liabilities (2)
Interest Rate Swap357,5002.982 %June 2027June 2028Other Assets1,668 
Interest Rate Cap190,1483.500 %November 2025November 2026Other Assets289 
Interest Rate Swap177,0003.331 %February 2026February 2029Other Assets985 
$702 
The following table summarizes the notional value at inception and fair value of our unconsolidated joint ventures' interest derivatives as of March 31, 2026 based on Level 2 information. The notional value is an indication of the extent of our involvement in these instruments at that time, but does not represent exposure to credit, interest rate or market risks (dollars in thousands).
Notional
Value		Strike
Rate		Effective
Date		Expiration
Date		ClassificationFair
Value
Interest Rate Swap$268,750 4.039 %July 2024September 2028Liability$(3,157)
Interest Rate Swap268,750 4.058 %July 2024September 2028Liability(3,279)
Interest Rate Swap537,500 4.065 %July 2024September 2028Liability(6,673)
Interest Rate Cap289,257 4.000 %July 2025June 2026 Asset 7 
Interest Rate Cap500,000 5.250 %February 2026April 2027 Asset 82 
$(13,020)
The following table summarizes the notional value at inception and fair value of our consolidated foreign exchange derivatives as of March 31, 2026 based on Level 2 information. The notional value is an indication of the extent of our involvement in these instruments at that time, but does not represent exposure to credit, foreign exchange rates or market risks (dollars in thousands).
Notional
Value		Effective
Date		Expiration
Date		Balance Sheet LocationFair
Value
Foreign Exchange Forward Contracts$44,384 March 2026April 2026 - June 2027Other assets$109 
Foreign Exchange Forward Contracts30,492 March 2026October 2027 - June 2032Other liabilities(224)
$(115)
Schedule of Effect of Derivative Financial Instruments on Consolidated Statements of Income
The following table presents the effect of our interest derivatives and our share of our unconsolidated joint ventures' interest derivatives that are designated and qualify as hedging instruments on the consolidated statements of operations for the three months ended March 31, 2026 and 2025, respectively (in thousands):
 Amount of Gain Recognized in
Other Comprehensive (Loss) Income		Location of Gain Reclassified from Accumulated Other Comprehensive Income into IncomeAmount of Gain Reclassified from
Accumulated Other
Comprehensive Income into Income
Three Months Ended March 31,Three Months Ended March 31,
Derivative2026202520262025
Interest Rate Swaps/Caps$10,379 $(12,314)Interest expense$1,371 $5,718 
Share of unconsolidated joint ventures' derivative instruments3,783 (6,448)Equity in net income (loss) from unconsolidated joint ventures(1,042)872 
$14,162 $(18,762)$329 $6,590