Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Revenue Related income and Operating Expenses included in NOI at share

The following table presents accrual-based lease revenue and other property related income and operating expenses included in the Company's share of NOI for its consolidated and unconsolidated properties ("NOI at share") the periods presented (in thousands):

	Three Months Ended March 31,
	2025			2024
Revenues	$	531,286		$	498,905
Operating expenses
Rent		(4,184	)		(4,279	)
Real estate taxes		(69,911	)		(63,360	)
Operating and maintenance		(89,553	)		(85,774	)
Total operating expenses		(163,648	)		(153,413	)
NOI from unconsolidated real estate joint ventures		50,997			50,027
NOI at share	$	418,635		$	395,519

Schedule of Reconciliation of NOI at Share to Net Income/(Loss)

The following table presents the reconciliation of NOI at share to Net income/(loss) (in thousands):

	Three Months Ended March 31,
	2025			2024
NOI at share	$	418,635		$	395,519
Adjustments:
Management and other fee income		5,338			4,849
General and administrative		(34,392	)		(36,298	)
Impairment charges		(534	)		(3,701	)
Merger charges		-			(25,246	)
Depreciation and amortization		(158,453	)		(154,719	)
Gain on sale of properties		887			318
Other income, net		216			9,570
Mortgage and other financing income, net		11,269			2,519
Loss on marketable securities, net		(9	)		(27,686	)
Interest expense		(80,377	)		(74,565	)
Provision for income taxes, net		(464	)		(72,010	)
Equity in income of joint ventures, net		22,683			20,905
Equity in income of other investments, net		701			1,534
NOI from unconsolidated real estate joint ventures		(50,997	)		(50,027	)
Net income/(loss)	$	134,503		$	(9,038	)