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Summary Of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Reconciliation of property operating income to consolidated net income
Reconciliation of property operating income to consolidated net income:
Three Months Ended March 31,
20252024
(In thousands)
Property operating income$204,783 $195,604 
General and administrative expense(10,875)(12,006)
Depreciation and amortization(86,946)(83,404)
Gain on sale of real estate1,171 — 
Other interest income743 1,483 
Interest expense(42,475)(43,693)
Income from partnerships177 32 
Net income66,578 58,016 
Net income attributable to noncontrolling interests(2,810)(1,280)
Net income attributable to the trust$63,768 $56,736 
Supplemental disclosures related to the Consolidated Statements Of Cash Flows
The following tables provide supplemental disclosures related to the Consolidated Statements of Cash Flows:
Three Months Ended
 March 31,
 20252024
 (In thousands)
SUPPLEMENTAL DISCLOSURES:
Total interest costs incurred$47,325 $48,999 
Interest capitalized(4,850)(5,306)
Interest expense$42,475 $43,693 
Cash paid for interest, net of amounts capitalized$34,997 $39,199 
Cash paid (refunded) for income taxes$11 $(5)
NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Shares issued under dividend reinvestment plan$396 $420 
DownREIT operating partnership units redeemed for common shares$103 $366 
Reconciliation of cash, cash equivalents, and restricted cash
 March 31,December 31,
20252024
 (In thousands)
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:
Cash and cash equivalents$109,224 $123,409 
Restricted cash (1)13,479 12,034 
Total cash, cash equivalents, and restricted cash$122,703 $135,443 
(1)Restricted cash balances are included in "prepaid expenses and other assets" on our consolidated balance sheets.