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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Federal Income Tax Treatment of Share Distributions The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2023, 2022 and 2021.
Federal Income Tax Treatment of Share Distributions
 Years Ended December 31,
 202320222021
Common Share Distributions: (Per share)
Ordinary dividends$5.02083 4.53746 3.61656 
Nondividend distributions— — — 
Unrecaptured Section 1250 capital gain— — — 
Other capital gain— — — 
Total Common Share Distributions (1)                                      
$5.02083 4.53746 3.61656 
Operating Lease, Lease Income [Table Text Block]
The table below presents the components of Income from real estate operations for the years ended December 31, 2023, 2022 and 2021:
Years Ended December 31,
2023
2022
2021
(In thousands)
Lease income — operating leases$424,063 364,957 306,658 
Variable lease income (1)
142,116 121,860 102,754 
Income from real estate operations$566,179 486,817 409,412 

(1)Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.
Future Minimum Rental Receipts Under Non-cancelable Leases [Table Text Block] The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2023:
Years Ending December 31,(In thousands)
2024$439,737 
2025399,694 
2026334,605 
2027248,466 
2028182,399 
Thereafter                                                  419,378 
   Total minimum receipts                                                  $2,024,279 
Projected amortization of in-place lease intangibles for the next five years
Projected amortization of in-place lease intangibles for the next five years as of December 31, 2023 is as follows:
Years Ending December 31,(In thousands)
2024$6,611 
20255,421 
20263,656 
20271,837 
2028887 
Thereafter1,793 
Total projected amortization of in-place lease intangibles$20,205 
Assets Acquired and Liabilities Assumed The following table summarizes the allocation of the total consideration for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2023, 2022 and 2021.
Costs Incurred During the Years Ended December 31,
ACQUIRED ASSETS AND ASSUMED LIABILITIES202320222021
 (In thousands)
Land $44,676 127,402 42,554 
Buildings and building improvements111,082 335,335 225,645 
Tenant and other improvements4,346 11,502 4,907 
Right of use assets — Ground leases (operating) — — 12,708 
Total real estate properties acquired160,104 474,239 285,814 
In-place lease intangibles (1)
7,242 11,871 9,949 
Above market lease intangibles (1)
— — 6 
Below market lease intangibles (2)
(2,230)(4,059)(3,836)
Operating lease liabilities — Ground leases (3)
— — (12,708)
Total assets acquired, net of liabilities assumed$165,116 482,051 279,225 
(1)In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining terms of the associated leases in place at the time of acquisition.
(2)Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining terms of the associated leases in place at the time of acquisition.  
(3)Operating lease liabilities — Ground leases are included in Other liabilities on the Consolidated Balance Sheets.