Shareholders' Equity / Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Preferred Shares Outstanding

As of December 31, 2024 and 2023, the Company had the following series of perpetual preferred shares outstanding (amounts in thousands, except share data):

					December 31, 2024			December 31, 2023
Series	Issuance Date	Earliest Redemption Date	Dividend Rate		Outstanding Shares	Current Liquidation Value		Outstanding Shares	Current Liquidation Value
Series G perpetual preferred shares	July 17, 2017	July 17, 2022	5.875	%	4,600,000	$	115,000	4,600,000	$	115,000
Series H perpetual preferred shares	September 19, 2018	September 19, 2023	6.250	%	4,600,000	115,000		4,600,000	115,000
Total preferred shares					9,200,000	$	230,000	9,200,000	$	230,000

Schedule Of Distributions Made During Period

The Operating Partnership funds the payment of distributions, and the board of trustees declared an equivalent amount of distributions on the corresponding OP units.

	For the Years Ended December 31,
	2024		2023		2022
Class A and Class B common shares	$	1.04	$	0.88	$	0.72
5.875% Series F perpetual preferred shares (1)	—		—		0.51
5.875% Series G perpetual preferred shares	1.47		1.47		1.47
6.250% Series H perpetual preferred shares	1.56		1.56		1.56

(1)The 5.875% Series F perpetual preferred shares were redeemed on May 5, 2022 and the distributions for the year ended December 31, 2022 include the accrued and unpaid dividends paid to shareholders as part of the redemption.