Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table provides the components of Portfolio Net Operating Income, a non-GAAP metric, related to our business for the years ended December 31, 2025, 2024 and 2023:

	2025		2024		2023
Property Revenues:
Rental revenue	$	550,896	$	497,516	$	438,889
Other revenues	20,894		18,902		16,858
Total Revenues	$	571,790	$	516,418	$	455,747
Property Operating Expenses:
Advertising and promotion	$	17,799	$	19,274	$	18,606
Common area maintenance	75,353		69,029		60,128
Real estate taxes	42,920		34,687		31,862
Other operating expense	36,984		27,934		24,888
Total Operating Expenses	$	173,056	$	150,924	$	135,484
Portfolio Net Operating Income - Consolidated	$	398,734	$	365,494	$	320,263
Equity in earnings of unconsolidated joint ventures	$	13,580	$	11,289	$	8,240
Interest expense	(65,860)		(60,637)		(47,928)
Impairment charge	(4,249)		—		—
Other income	668		1,484		9,729
Depreciation and amortization	(150,976)		(138,690)		(108,889)
Other non-property (income) expenses	1,648		1,174		1,119
Corporate general and administrative expenses	(78,923)		(78,341)		(76,299)
Non-cash adjustments	3,776		91		(2,895)
Lease termination fees	1,103		896		542
Net Income	$	119,501	$	102,760	$	103,882