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Accumulated Other Comprehensive (Loss) Income (Tables)
6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Loss by Component

The following table sets forth changes in accumulated other comprehensive loss by component for the three and six months ended June 30, 2025 and 2024, respectively, including amounts attributable to noncontrolling interests in the Operating Partnership.

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

June 30,

 

 

June 30,

 

(Amounts in thousands)

2025

 

 

2024

 

 

2025

 

 

2024

 

Amount of income related to the cash flow hedges recognized
    in other comprehensive (loss) income
(1)

$

302

 

 

$

1,079

 

 

$

642

 

 

$

3,457

 

Amounts reclassified from accumulated other comprehensive
    (loss) income decreasing interest and debt expense
(1)

 

(763

)

 

 

(7,047

)

 

 

(1,116

)

 

 

(14,112

)

Amount of (loss) income related to unconsolidated joint ventures
    recognized in other comprehensive (loss) income

 

-

 

 

 

(71

)

 

 

-

 

 

 

72

 

 

(1)
Represents amounts related to interest rate caps and interest rate swaps which were designated as cash flow hedges.