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Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid- In-Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Deficit
Noncontrolling Interests
Series I Preferred Stock
Preferred stock
Beginning balance at Dec. 31, 2024 $ 4,069,951 $ 711 $ 4,159,562 $ 0 $ 18,196 $ (449,101) $ 118,651 $ 221,932
Beginning balance (in shares) at Dec. 31, 2024   71,097            
Increase (Decrease) in Stockholders' Equity                
Net loss (22,234)         (17,337) (4,897)  
Other comprehensive income (23,038)       (23,038)      
Perpetual preferred unit dividends (3,738)         (3,738)    
DRSPP proceeds (in shares)   1            
DRSPP proceeds 75   75          
Conversion of units in the operating partnership for common stock (in shares)   4            
Measurement adjustment for redeemable noncontrolling interest (12,940)         (12,940)    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   (86)            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (2,525) $ (1) (2,524)          
Repurchases of common units (871)   (871)          
Contributions to consolidated joint venture interests 3,437           3,437  
Cash distributions to noncontrolling interests (221)           (221)  
Cash distributions declared (54,469)         (54,469)    
Ending balance at Mar. 31, 2025 3,953,427 $ 710 4,156,242 0 (4,842) (537,585) 116,970 221,932
Ending balance (in shares) at Mar. 31, 2025   71,016            
Beginning balance at Dec. 31, 2024 4,069,951 $ 711 4,159,562 0 18,196 (449,101) 118,651 221,932
Beginning balance (in shares) at Dec. 31, 2024   71,097            
Ending balance at Dec. 31, 2025 3,912,448 $ 711 4,212,590 0 (22,198) (741,880) 241,293 221,932
Ending balance (in shares) at Dec. 31, 2025   71,159            
Increase (Decrease) in Stockholders' Equity                
Net loss (72,919)         (80,653) 7,734  
Other comprehensive income 14,911       14,911      
Perpetual preferred unit dividends (3,738)         (3,738)    
DRSPP proceeds (in shares)   1            
DRSPP proceeds 62   62          
Conversion of units in the operating partnership for common stock (in shares)   1            
Measurement adjustment for redeemable noncontrolling interest (22,901)         (22,901)    
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (in shares)   (37)            
Deferred compensation plan and stock awards, net of forfeitures and tax withholdings 1,670   1,204       466  
Contributions to consolidated joint venture interests 40,399           40,399  
Contributions to debt fund investments 81,725           81,725  
Distributions from debt fund investments (1,821)           (1,821)  
Cash distributions to noncontrolling interests (8,320)           (8,320)  
Cash distributions declared (43,718)         (43,718)    
Ending balance at Mar. 31, 2026 $ 3,897,798 $ 711 $ 4,213,856 $ 0 $ (7,287) $ (892,890) $ 361,476 $ 221,932
Ending balance (in shares) at Mar. 31, 2026   71,124