Segment Reporting (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Revenues	$	520,930		$	496,221		$	1,052,216		$	995,126
Operating expenses
Rent		(4,242	)		(4,226	)		(8,426	)		(8,505	)
Real estate taxes		(66,559	)		(66,182	)		(136,470	)		(129,542	)
Operating and maintenance		(91,069	)		(87,749	)		(180,622	)		(173,523	)
Total operating expenses		(161,870	)		(158,157	)		(325,518	)		(311,570	)
NOI from unconsolidated real estate joint ventures		49,585			49,805			100,585			99,833
NOI at share	$	408,645		$	387,869		$	827,283		$	783,389

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

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
NOI at share	$	408,645		$	387,869		$	827,283		$	783,389
Adjustments:
Management and other fee income		4,245			4,010			9,583			8,859
General and administrative		(32,447	)		(33,090	)		(66,839	)		(69,388	)
Impairment charges		(7,645	)		(201	)		(8,179	)		(3,902	)
Merger charges		-			-			-			(25,246	)
Depreciation and amortization		(156,323	)		(148,148	)		(314,776	)		(302,867	)
Gain on sale of properties		38,922			75			39,809			393
Other income, net		2,903			910			3,119			10,480
Mortgage and other financing income, net		12,062			4,751			23,331			7,270
Loss on marketable securities, net		(2	)		(6	)		(11	)		(27,692	)
Interest expense		(81,204	)		(73,341	)		(161,581	)		(147,906	)
Provision for income taxes, net		(366	)		(217	)		(830	)		(72,227	)
Equity in income of joint ventures, net		23,990			21,527			46,673			42,432
Equity in income of other investments, net		1,747			7,718			2,448			9,252
NOI from unconsolidated real estate joint ventures		(49,585	)		(49,805	)		(100,585	)		(99,833	)
Net income	$	164,942		$	122,052		$	299,445		$	113,014