Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Real estate, at cost:
Land and improvements	$ 1,026,236	$ 1,109,172
Buildings and improvements	4,035,802	4,083,937
Construction in progress, including land	170,333	338,333
Real estate, at cost	5,232,371	5,531,442
Less: accumulated depreciation	(1,449,973)	(1,419,983)
Real estate, net	3,782,398	4,111,459
Cash and cash equivalents	64,437	145,804
Restricted cash	23,342	37,388
Tenant and other receivables	23,797	23,478
Deferred rent receivable	179,853	170,153
Investments in unconsolidated real estate ventures	91,539	93,654
Deferred leasing costs, net	68,367	69,821
Intangible assets, net	51,988	47,000
Other assets, net	131,382	131,318
Assets held for sale		190,465
TOTAL ASSETS	4,417,103	5,020,540
Liabilities:
Mortgage loans, net	1,577,796	1,767,173
Revolving credit facility	160,000	85,000
Term loans, net	718,450	717,853
Accounts payable and accrued expenses	79,385	101,096
Other liabilities, net	124,691	115,827
Liabilities related to assets held for sale		901
Total liabilities	2,660,322	2,787,850
Commitments and contingencies
Redeemable noncontrolling interests	566,200	423,632
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 59,302 and 84,500 shares issued and outstanding as of September 30, 2025 and December 31, 2024	594	846
Additional paid-in capital	2,305,136	2,790,403
Accumulated deficit	(1,114,062)	(997,283)
Accumulated other comprehensive income (loss)	(1,087)	15,092
Total equity	1,190,581	1,809,058
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 4,417,103	$ 5,020,540