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SEGMENT INFORMATION - Schedule of Reconciliation of Consolidated Net Income to Consolidated NOI (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting [Abstract]    
Net loss $ (27,056) $ (16,414)
Plus:    
Interest expense 31,845 25,049
Interest expense - amortization of deferred financing costs 1,230 1,091
Depreciation and amortization 44,353 45,042
General and administrative expenses 17,470 11,104
Equity in loss of unconsolidated real estate ventures 10,511 13,588
Less:    
Investment income 1,186 421
Income tax provision 0 (2)
Net gain on disposition of real estate 3,059 0
Net gain (loss) on real estate venture transactions 183 (29)
Consolidated net operating income $ 73,925 $ 79,070