CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Land	$ 5,540,352	$ 5,581,876
Depreciable property	23,004,377	22,938,426
Projects under development	188,283	78,036
Land held for development	64,781	114,300
Investment in real estate	28,797,793	28,712,638
Accumulated depreciation	(10,163,756)	(9,810,337)
Investment in real estate, net	18,634,037	18,902,301
Investments in unconsolidated entities	341,871	282,049
Cash and cash equivalents	38,298	50,743
Restricted deposits	100,123	89,252
Right-of-use assets	450,796	457,266
Other assets	214,443	252,953
Total assets	19,779,568	20,034,564
Liabilities:
Mortgage notes payable, net	1,634,838	1,632,902
Notes, net	5,351,461	5,348,417
Line of credit and commercial paper	170,884	409,131
Accounts payable and accrued expenses	114,413	87,377
Accrued interest payable	65,585	65,716
Lease liabilities	309,182	311,640
Other liabilities	292,424	272,596
Security deposits	69,848	69,178
Distributions payable	263,668	259,231
Total liabilities	8,272,303	8,456,188
Commitments and contingencies
Redeemable Noncontrolling Interests – Operating Partnership	327,641	289,248
Shareholders' equity:
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized, 343,100 shares issued and outstanding as of June 30, 2024 and 745,600 shares issued and outstanding as of December 31, 2023	17,155	37,280
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 379,086,882 shares issued and outstanding as of June 30, 2024 and 379,291,417 shares issued and outstanding as of December 31, 2023	3,791	3,793
Paid in capital	9,590,105	9,601,866
Retained earnings	1,357,922	1,437,185
Accumulated other comprehensive income (loss)	6,914	5,704
Total shareholders’ equity	10,975,887	11,085,828
Noncontrolling Interests:
Operating Partnership	204,032	202,306
Partially Owned Properties	(295)	994
Total Noncontrolling Interests	203,737	203,300
Total equity	11,179,624	11,289,128
Total liabilities and equity/capital	$ 19,779,568	$ 20,034,564