Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
REVENUE
Property rental	$ 113,349	$ 120,294	$ 348,521	$ 364,919
Third-party real estate services, including reimbursements	17,061	23,942	52,326	69,588
Other revenue	5,616	7,326	15,683	22,112
Total revenue	136,026	151,562	416,530	456,619
EXPENSES
Depreciation and amortization	50,050	50,265	158,211	152,914
Property operating	39,258	37,588	110,791	109,112
Real estate taxes	11,812	14,413	40,006	44,061
General and administrative:
Corporate and other	11,881	11,246	43,855	42,462
Third-party real estate services	16,088	21,405	57,065	67,333
Share-based compensation related to Formation Transaction and special equity awards		46		397
Transaction and other costs	667	1,830	3,005	7,794
Total expenses	129,756	136,793	412,933	424,073
OTHER INCOME (EXPENSE)
Income (loss) from unconsolidated real estate ventures, net	(745)	(2,263)	4	(1,320)
Interest and other income, net	4,573	7,774	10,105	14,132
Interest expense	(35,267)	(27,903)	(97,400)	(80,580)
Gain (loss) on the sale of real estate, net	(5,352)	906	(5,066)	41,606
Gain (loss) on the extinguishment of debt	43		43	(450)
Impairment loss		(59,307)	(18,236)	(59,307)
Total other income (expense)	(36,748)	(80,793)	(110,550)	(85,919)
LOSS BEFORE INCOME TAX (EXPENSE) BENEFIT	(30,478)	(66,024)	(106,953)	(53,373)
Income tax (expense) benefit	(831)	(77)	40	(672)
NET LOSS	(31,309)	(66,101)	(106,913)	(54,045)
Net loss attributable to redeemable noncontrolling interests	4,365	7,926	12,353	5,961
Net (income) loss attributable to noncontrolling interests	(36)	168	10,931	703
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (26,980)	$ (58,007)	$ (83,629)	$ (47,381)
LOSS PER COMMON SHARE:
LOSS PER COMMON SHARE - BASIC	$ (0.32)	$ (0.58)	$ (0.95)	$ (0.45)
LOSS PER COMMON SHARE - DILUTED	$ (0.32)	$ (0.58)	$ (0.95)	$ (0.45)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	85,292	101,445	89,637	108,351
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED	85,292	101,445	89,637	108,351