PARTNERS' EQUITY OF THE PARENT COMPANY (Tables)

6 Months Ended

Jun. 30, 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 June 30,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(88,936)	$	(88,936)	$	30,267	$	30,267
Net (income) loss attributable to noncontrolling interests	267		267		(94)		(94)
Nonforfeitable dividends allocated to unvested restricted shareholders	(322)		(322)		(277)		(277)
Net income (loss) attributable to common shareholders	$	(88,991)	$	(88,991)	$	29,896	$	29,896
Denominator
Weighted-average shares outstanding	173,532,583		173,532,583		172,563,136		172,563,136
Contingent securities/Share based compensation	—		—		—		2,132,515
Weighted-average shares outstanding	173,532,583		173,532,583		172,563,136		174,695,651
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	(0.51)	$	(0.51)	$	0.17	$	0.17

	Six Months Ended June 30,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(115,992)	$	(115,992)	$	13,853	$	13,853
Net (income) loss attributable to noncontrolling interests	348		348		(48)		(48)
Nonforfeitable dividends allocated to unvested restricted shareholders	(751)		(751)		(613)		(613)
Net income (loss) attributable to common shareholders	$	(116,395)	$	(116,395)	$	13,192	$	13,192
Denominator
Weighted-average shares outstanding	173,225,737		173,225,737		172,385,087		172,385,087
Contingent securities/Share based compensation	—		—		—		1,957,064
Weighted-average shares outstanding	173,225,737		173,225,737		172,385,087		174,342,151
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	(0.67)	$	(0.67)	$	0.08	$	0.08

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 June 30,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(88,936)	$	(88,936)	$	30,267	$	30,267
Net income attributable to noncontrolling interests	—		—		(3)		(3)
Nonforfeitable dividends allocated to unvested restricted unitholders	(322)		(322)		(277)		(277)
Net income (loss) attributable to common unitholders	$	(89,258)	$	(89,258)	$	29,987	$	29,987
Denominator
Weighted-average units outstanding	174,048,178		174,048,178		173,078,731		173,078,731
Contingent securities/Share based compensation	—		—		—		2,132,515
Total weighted-average units outstanding	174,048,178		174,048,178		173,078,731		175,211,246
Earnings (loss) per Common Partnership Unit:
Net income (loss) attributable to common unitholders	$	(0.51)	$	(0.51)	$	0.17	$	0.17

	Six Months Ended June 30,
	2025				2024
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(115,992)	$	(115,992)	$	13,853	$	13,853
Net income attributable to noncontrolling interests	—		—		(6)		(6)
Nonforfeitable dividends allocated to unvested restricted unitholders	(751)		(751)		(613)		(613)
Net income (loss) attributable to common unitholders	$	(116,743)	$	(116,743)	$	13,234	$	13,234
Denominator
Weighted-average units outstanding	173,741,332		173,741,332		172,900,681		172,900,681
Contingent securities/Share based compensation	—		—		—		1,957,064
Total weighted-average units outstanding	173,741,332		173,741,332		172,900,681		174,857,745
Earnings (loss) per Common Partnership Unit:
Net income (loss) attributable to common unitholders	$	(0.67)	$	(0.67)	$	0.08	$	0.08