CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 463,583	$ 488,587
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	497,635	450,093
Amortization of deferred financing costs	4,247	3,836
Amortization of discounts and premiums on debt	2,637	2,536
Amortization of deferred settlements on derivative instruments	945	1,204
Amortization of right-of-use assets	6,395	6,470
Write-off of pursuit costs	2,048	1,369
(Income) loss from investments in unconsolidated entities	11,407	3,372
Distributions from unconsolidated entities – return on capital	243	281
Net (gain) loss on sales of real estate properties	(212,432)	(227,994)
Net (gain) loss on sales of land parcels	78
Realized (gain) loss on investment securities	49	1,316
Unrealized (gain) loss on investment securities		(5,745)
Compensation paid with Company Common Shares	21,564	21,350
Changes in assets and liabilities:
(Increase) decrease in other assets	(18,706)	30,297
Increase (decrease) in accounts payable and accrued expenses	10,901	18,780
Increase (decrease) in accrued interest payable	1,518	(131)
Increase (decrease) in lease liabilities	(1,106)	(1,020)
Increase (decrease) in other liabilities	(11,407)	22,697
Increase (decrease) in security deposits	5,471	670
Net cash provided by operating activities	785,070	817,968
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in real estate – acquisitions	(534,855)	(63,507)
Investment in real estate – development/other	(59,713)	(55,253)
Capital expenditures to real estate	(144,368)	(153,304)
Non-real estate capital additions	(1,019)	(921)
Interest capitalized for real estate and unconsolidated entities under development	(6,663)	(6,894)
Proceeds from disposition of real estate, net	343,064	330,128
Investments in unconsolidated entities - acquisitions		(31,286)
Investments in unconsolidated entities - development/other	(62,050)	(28,793)
Distributions from unconsolidated entities – return of capital	331	16
Proceeds from sale of investment securities	359	7,457
Consolidation of previously unconsolidated entities	(54,081)
Net cash provided by (used for) investing activities	(518,995)	(2,357)
CASH FLOWS FROM FINANCING ACTIVITIES:
Debt financing costs	(4,518)
Mortgage notes payable, net:
Lump sum payoffs	(37,940)
Notes, net:
Proceeds	498,580
Lump sum payoffs	(450,000)
Line of credit and commercial paper:
Commercial paper proceeds	18,803,963	3,532,753
Commercial paper repayments	(18,565,495)	(3,771,000)
Proceeds from (payments on) settlement of derivative instruments	(3,550)
Finance ground lease principal payments	(1,471)	(1,438)
Proceeds from Employee Share Purchase Plan (ESPP)	1,413	2,449
Proceeds from exercise of options	5,357	6,480
Common Shares repurchased and retired		(38,474)
Redemption of Preferred Shares		(20,125)
Premium on redemption of Preference Units		(1,444)
Payment of offering costs	(481)
Other financing activities, net	(53)	(45)
Contributions – Noncontrolling Interests – Partially Owned Properties		458
Contributions – Noncontrolling Interests – Operating Partnership	4	2
Distributions:
Common Shares	(519,437)	(507,111)
Preferred Shares	(711)	(1,320)
Noncontrolling Interests – Operating Partnership	(15,949)	(15,629)
Noncontrolling Interests – Partially Owned Properties	(3,999)	(2,741)
Net cash provided by (used for) financing activities	(294,287)	(817,185)
Net increase (decrease) in cash and cash equivalents and restricted deposits	(28,212)	(1,574)
Cash and cash equivalents and restricted deposits, beginning of period	160,166	139,995
Cash and cash equivalents and restricted deposits, end of period	131,954	138,421
Cash and cash equivalents	31,276	38,298
Restricted deposits	100,678	100,123
SUPPLEMENTAL INFORMATION:
Cash paid for interest, net of amounts capitalized	133,733	120,955
Net cash paid (received) for income and other taxes	920	877
Amortization of deferred financing costs:
Other assets	1,393	1,392
Mortgage notes payable, net	611	524
Notes, net	2,243	1,920
Amortization of discounts and premiums on debt:
Mortgage notes payable, net	1,404	1,412
Notes, net	1,233	1,124
Amortization of deferred settlements on derivative instruments:
Other liabilities	(6)	(6)
Accumulated other comprehensive income	951	1,210
Write-off of pursuit costs:
Investment in real estate, net	187	319
Investments in unconsolidated entities	1,740	866
Other assets	121	184
(Income) loss from investments in unconsolidated entities:
Investments in unconsolidated entities	10,804	2,736
Other liabilities	603	636
Realized/unrealized (gain) loss on derivative instruments:
Other assets	(89)
Other liabilities	3,639
Accumulated other comprehensive income	(3,550)
Interest capitalized for real estate and unconsolidated entities under development:
Investment in real estate, net	(3,812)	(2,592)
Investments in unconsolidated entities	(2,851)	(4,302)
Investments in unconsolidated entities - development/other:
Investments in unconsolidated entities	(60,550)	(28,133)
Other liabilities	(1,500)	(660)
Consolidation of previously unconsolidated entities:
Investment in real estate, net	(88,356)
Investments in unconsolidated entities	32,370
Other assets	56
Accounts payable and accrued expenses	1,725
Other liabilities	27
Security deposits	97
Debt financing costs:
Notes, net	(4,518)
Proceeds from (payments on) settlement of derivative instruments:
Other assets	89
Other liabilities	(3,639)
Right-of-use assets and lease liabilities initial measurement and reclassifications:
Right-of-use assets	(527)
Lease liabilities	527
Non-cash share distribution and other transfers from unconsolidated entities:
Investments in unconsolidated entities	676
Other assets	(676)
Non-cash change in Supplemental Executive Retirement Plan (SERP) balances:
Other assets	8,915	3,437
Other liabilities	(8,175)	(2,839)
Paid in capital	$ (740)	$ (598)