CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
REVENUES
Rental income	$ 760,810	$ 730,818
EXPENSES
Property and maintenance	143,973	134,630
Real estate taxes and insurance	111,752	108,927
Property management	35,816	35,458
General and administrative	18,255	15,720
Depreciation	256,746	225,695
Total expenses	566,542	520,430
Net gain (loss) on sales of real estate properties	154,152	188,185
Interest and other income	1,692	9,329
Other expenses	(4,156)	(31,738)
Interest:
Expense incurred, net	(72,114)	(67,212)
Amortization of deferred financing costs	(2,144)	(1,918)
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels	271,698	307,034
Income and other tax (expense) benefit	(422)	(304)
Income (loss) from investments in unconsolidated entities	(6,411)	(1,698)
Net gain (loss) on sales of land parcels	(67)
Net income	264,798	305,032
Net (income) loss attributable to Noncontrolling Interests:
Operating Partnership	(7,102)	(8,275)
Partially Owned Properties	(1,104)	(970)
Net income attributable to controlling interests	256,592	295,787
Preferred distributions	(356)	(547)
Premium on redemption of Preferred Shares /Allocation to premium on redemption of Preference Units	0	(1,444)
Net income available to Common Shares	$ 256,236	$ 293,796
Earnings per share – basic:
Net income available to Common Shares	$ 0.68	$ 0.78
Weighted average Common Shares outstanding	379,208	378,812
Earnings per share – diluted:
Net income available to Common Shares	$ 0.67	$ 0.77
Weighted average Common Shares outstanding	391,179	390,561