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Fair Value Of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of carrying amount and fair value of financial instruments A summary of the carrying amount and fair value of our mortgages payable, notes payable and senior notes and debentures is as follows:
 September 30, 2025December 31, 2024
Carrying
Value		Fair ValueCarrying
Value		Fair Value
(In thousands)
Mortgages and notes payable, net$1,360,876 $1,352,424 $1,115,792 $1,098,271 
Senior notes and debentures, net$2,886,321 $2,738,882 $2,883,713 $2,645,097 
Exchangeable senior notes, net$476,147 $493,895 $474,127 $495,510 
Summary of outstanding interest rate swap agreements
The following table is a summary of our outstanding interest rate swap agreements as of September 30, 2025:
Interest Rate SwapNotional AmountMaturity Date of Related Swap AgreementsWeighted Average Interest RateBalance Sheet LocationFair Value
(in millions)(in millions)
Term Loan (1)$300.0 March 1, 20284.21 %Other liabilities$(0.3)
Bethesda Row200.0 December 28, 20255.03 %Other liabilities(0.1)
Hoboken51.0 December 15, 20293.67 %Prepaid expenses and other assets3.2 
$551.0 $2.8 
(1) These interest rate swaps were entered into during the three months ended September 30, 2025, and fix the interest rate on $300.0 million of our unsecured term loan.
Summary of financial assets that are measured at fair value on a recurring basis A summary of our net financial assets that are measured at fair value on a recurring basis, by level within the fair value hierarchy is as follows:
September 30, 2025December 31, 2024
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
(In thousands)
Interest rate swaps$— $2,822 $— $2,822 $— $5,208 $— $5,208