CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($) $ in Thousands		Mar. 31, 2026	Dec. 31, 2025
ASSETS
Real estate properties		$ 6,063,923	$ 5,989,788
Development and value-add properties	[1]	698,412	710,200
Real estate, development and value-add properties		6,762,335	6,699,988
Accumulated depreciation		(1,608,368)	(1,583,532)
Real estate, net		5,153,967	5,116,456
Real estate assets held for sale		1,352	0
Unconsolidated investment		6,885	7,007
Cash and cash equivalents		31,358	1,007
Other assets, net		296,702	307,337
TOTAL ASSETS		5,490,264	5,431,807
LIABILITIES
Unsecured bank credit facilities, net of debt issuance costs		(2,347)	16,249
Unsecured debt, net of debt issuance costs		1,611,303	1,611,026
Accounts payable and accrued expenses		169,414	169,945
Other liabilities		134,914	137,999
Total Liabilities		1,913,284	1,935,219
STOCKHOLDERS' EQUITY
Common shares; $.0001 par value; 70,000,000 shares authorized; 53,755,161 shares issued and outstanding at March 31, 2026 and 53,348,800 at December 31, 2025		5	5
Excess shares; $.0001 par value; 30,000,000 shares authorized; no shares issued		0	0
Additional paid-in capital		4,014,198	3,946,792
Distributions in excess of earning		(447,946)	(458,953)
Accumulated other comprehensive income		10,336	8,357
Total Stockholders' Equity		3,576,593	3,496,201
Noncontrolling interest in joint ventures		387	387
Total Equity		3,576,980	3,496,588
TOTAL LIABILITIES AND EQUITY		$ 5,490,264	$ 5,431,807
BALANCE SHEET PARENTHETICAL DISCLOSURES
Common shares, par value (in dollars per share)		$ 0.0001	$ 0.0001
Common shares, authorized		70,000,000	70,000,000
Common shares, issued		53,755,161	53,348,800
Common shares, outstanding		53,755,161	53,348,800
Excess shares, par value		$ 0.0001	$ 0.0001
Excess shares, authorized		30,000,000	30,000,000
Excess Stock, Shares Issued		0	0

[1] Value-add properties are defined in Note 6.