Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
REVENUE
Property rental	$ 456,950	$ 483,159	$ 491,738
Third-party real estate services, including reimbursements	69,465	92,051	89,022
Other revenue	20,897	28,988	25,064
Total revenue	547,312	604,198	605,824
EXPENSES
Depreciation and amortization	208,180	210,195	213,771
Property operating	146,609	144,049	150,004
Real estate taxes	52,606	57,668	62,167
General and administrative:
Corporate and other	58,790	54,838	58,280
Third-party real estate services	74,264	88,948	94,529
Share-based compensation related to Formation Transaction and special equity awards		549	5,391
Transaction and other costs	5,317	8,737	5,511
Total expenses	545,766	564,984	589,653
OTHER INCOME (EXPENSE)
Loss from unconsolidated real estate ventures, net	(7,122)	(26,999)	(17,429)
Interest and other income, net	11,598	15,781	18,617
Interest expense	(134,068)	(108,660)	(75,930)
Gain (loss) on the sale of real estate, net	(2,753)	79,335	161,894
Gain (loss) on the extinguishment of debt	9,235	(450)	(3,073)
Impairment loss	(55,427)	(90,226)
Total other income (expense)	(178,537)	(131,219)	84,079
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT	(176,991)	(92,005)	100,250
Income tax (expense) benefit	(762)	296	(1,264)
NET INCOME (LOSS)	(177,753)	(91,709)	98,986
Net (income) loss attributable to redeemable noncontrolling interests	22,202	10,596	(13,244)
Net (income) loss attributable to noncontrolling interests	12,025	1,135	(371)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (143,526)	$ (79,978)	$ 85,371
EARNINGS (LOSS) PER COMMON SHARE:
EARNINGS (LOSS) PER COMMON SHARE - BASIC	$ (1.65)	$ (0.78)	$ 0.7
EARNINGS (LOSS) PER COMMON SHARE - DILUTED	$ (1.65)	$ (0.78)	$ 0.7
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	88,330	105,095	119,005
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED	88,330	105,095	119,005