XML 144 R123.htm IDEA: XBRL DOCUMENT v3.24.0.1
SEGMENT INFORMATION - Reconciliation of Consolidated Net Income to Consolidated NOI (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting [Abstract]      
Net income (loss) $ (197,403) $ 53,992 $ 12,366
Plus:      
Interest expense 95,456 68,764 62,617
Interest expense - amortization of deferred financing costs 4,369 3,091 2,836
Depreciation and amortization 188,797 177,984 178,105
General and administrative expenses 34,862 35,006 30,153
Equity in loss of unconsolidated real estate ventures 77,915 22,016 26,697
Provision for impairment 131,573 4,663 0
Gain (loss) on early extinguishment of debt (138) 435 0
Less:      
Interest and investment income 1,671 1,905 8,295
Income tax provision (72) (55) (47)
Net gain on disposition of real estate 7,736 17,677 142
Net gain on sale of undepreciated real estate 1,211 8,007 2,903
Net gain on real estate venture transactions 181 26,718 2,973
Consolidated net operating income $ 324,704 $ 311,699 $ 298,508