BENEFICIARIES' EQUITY OF THE PARENT COMPANY (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):

	Three Months Ended March 31,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net loss	$	(27,056)	$	(27,056)	$	(16,414)	$	(16,414)
Net loss attributable to noncontrolling interests	81		81		46		46
Nonforfeitable dividends allocated to unvested restricted shareholders	(429)		(429)		(336)		(336)
Net loss attributable to common shareholders	$	(27,404)	$	(27,404)	$	(16,704)	$	(16,704)
Denominator
Weighted-average shares outstanding	172,915,482		172,915,482		172,207,037		172,207,037
Weighted-average shares outstanding	172,915,482		172,915,482		172,207,037		172,207,037
Loss per Common Share:
Net loss attributable to common shareholders	$	(0.16)	$	(0.16)	$	(0.10)	$	(0.10)

The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):

	Three Months Ended March 31,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net loss	$	(27,056)	$	(27,056)	$	(16,414)	$	(16,414)
Net income attributable to noncontrolling interests	—		—		(3)		(3)
Nonforfeitable dividends allocated to unvested restricted unitholders	(429)		(429)		(336)		(336)
Net loss attributable to common unitholders	$	(27,485)	$	(27,485)	$	(16,753)	$	(16,753)
Denominator
Total weighted-average units outstanding	173,431,077		173,431,077		172,722,632		172,722,632
Loss per Common Partnership Unit:
Net loss attributable to common unitholders	$	(0.16)	$	(0.16)	$	(0.10)	$	(0.10)