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Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Income Statement (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Combined and Condensed Statements of Operations      
Depreciation and amortization $ (138,910) $ (135,984) $ (135,917)
Company's equity in earnings (losses) of unconsolidated affiliates 15,178 (7,677) (32,907)
Unconsolidated Affiliates      
Combined and Condensed Statements of Operations      
Total revenues 114,442 108,425 96,080
Operating and other expenses (41,001) (35,488) (29,858)
Interest expense (40,998) (40,864) (26,807)
Depreciation and amortization (43,183) (42,212) (34,596)
Gain (loss) on extinguishment of debt [1] 3,934 368 (7)
Impairment of Investment [2] 0 0 (57,423)
Gain on disposition of properties [3] 21,357 0 12,983
Net income (loss) attributable to unconsolidated affiliates 14,551 (9,771) (39,628)
Operating Partnership, as General Partner or Managing Member      
Combined and Condensed Statements of Operations      
Company's share of equity in net earnings (losses) of unconsolidated affiliates 16,151 (6,688) (31,907)
Basis differential amortization (973) (989) (1,000)
Company's equity in earnings (losses) of unconsolidated affiliates $ 15,178 $ (7,677) $ (32,907)
[1] Includes the gain on debt extinguishment related to the restructuring at 840 N. Michigan Avenue for the year ended December 31, 2024 and 2023.
[2] Includes the impairment charge related to 840 N. Michigan Avenue for the year ended December 31, 2022.
[3] Includes the gain on the sale of Frederick Crossing, Paramus Plaza for the year ended December 31, 2024 and Promenade at Manassas for the year ended December 31, 2022.