CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
OPERATING ACTIVITIES
Net income	$ 227,807	$ 200,548	$ 186,274
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	189,411	171,078	153,638
Stock-based compensation expense	10,476	8,965	8,292
Gain on sales of real estate investments	(8,751)	(17,965)	(40,999)
Gain on sales of non-operating real estate	(362)	(446)	0
Gain on involuntary conversion and business interruption claims	(1,708)	(4,187)	0
Changes in operating assets and liabilities:
Accrued income and other assets	(13,410)	(15,415)	(9,291)
Accounts payable, accrued expenses and prepaid rent	11,130	(5,922)	17,176
Other	1,994	1,546	1,411
NET CASH PROVIDED BY OPERATING ACTIVITIES	416,587	338,202	316,501
INVESTING ACTIVITIES
Development and value-add properties	(245,033)	(388,213)	(494,073)
Purchases of real estate	(390,011)	(165,116)	(2,049)
Real estate improvements	(59,288)	(51,116)	(40,851)
Net proceeds from sales of real estate investments and non-operating real estate	17,659	41,539	51,006
Leasing commissions	(32,154)	(32,004)	(37,272)
Proceeds from involuntary conversion on real estate assets	2,450	5,029	0
Changes in accrued development costs	(17,170)	12,163	4,211
Changes in other assets and other liabilities	(795)	7,660	(2,120)
NET CASH USED IN INVESTING ACTIVITIES	(724,342)	(570,058)	(521,148)
FINANCING ACTIVITIES
Proceeds from unsecured bank credit facilities	64,968	471,624	942,173
Repayments on unsecured bank credit facilities	(64,968)	(641,624)	(981,383)
Proceeds from unsecured debt	0	100,000	525,000
Repayments on unsecured debt	(170,000)	(115,000)	(75,000)
Repayments on secured debt	0	(1,970)	(60,096)
Debt issuance costs	(3,178)	(1,818)	(2,067)
Distributions paid to stockholders (not including dividends accrued)	(252,794)	(225,625)	(193,936)
Proceeds from common stock offerings	717,659	692,312	75,622
Common stock offering related costs	(507)	(834)	(247)
Other	(6,159)	(5,002)	(29,756)
NET CASH PROVIDED BY FINANCING ACTIVITIES	285,021	272,063	200,310
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(22,734)	40,207	(4,337)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	40,263	56	4,393
CASH AND CASH EQUIVALENTS AT END OF YEAR	17,529	40,263	56
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest, net of amount capitalized	37,185	47,228	34,110
Capitalized interest	19,823	16,235	12,393
Cash paid for operating lease liabilities	2,406	2,042	1,793
Common stock issued in the purchase of real estate	0	0	303,682
Debt assumed in the purchase of real estate	0	0	60,000
NON-CASH OPERATING ACTIVITY
Operating lease liabilities arising from obtaining right of use assets	$ 21,836	$ 2,379	$ 559