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SEGMENT INFORMATION - Schedule of Reconciliation of Consolidated Net Income to Consolidated NOI (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting [Abstract]                
Net loss $ (165,720) $ 30,267 $ (16,414) $ (21,636) $ (12,737) $ (5,276) $ (151,867) $ (39,649)
Plus:                
Interest expense 30,561     24,355     85,104 70,677
Interest expense - amortization of deferred financing costs 1,247     1,110     3,753 3,251
Depreciation and amortization 44,301     48,966     133,530 141,645
General and administrative expenses 12,681     8,069     32,726 26,911
Equity in loss of unconsolidated real estate ventures 125,862     10,739     153,957 24,504
Provision for impairment 37,980     11,666     44,407 16,134
Gain on early extinguishment of debt 0     0     (941) 0
Less:                
Investment income 639     293     2,572 1,318
Income tax benefit (provision) 0     3     (11) (35)
Net gain on sale of undepreciated real estate 0     0     0 781
Net gain on real estate venture transactions 770     0     54,503 181
Consolidated net operating income $ 85,503     $ 82,973     $ 243,605 $ 241,228