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Condensed Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Real Estate [Abstract]    
Property revenues $ 388,773 $ 390,565
Property expenses    
Property operating and maintenance 90,179 89,698
Real estate taxes 49,890 49,722
Total property expenses 140,069 139,420
Non-property income    
Fee and asset management 2,143 2,487
Interest and other income 253 10
(Loss)/income on deferred compensation plans (1,159) 1,198
Total non-property income 1,237 3,695
Other expenses    
Property management 10,258 9,895
Fee and asset management 661 671
General and administrative 14,705 16,948
Interest 37,359 33,790
Depreciation and amortization 150,000 149,252
(Benefit)/expense on deferred compensation plans (1,159) 1,198
Other Nonoperating Gains (Losses) 60,905 1,760
Total other expenses 272,729 213,514
Gain on sale of operating property, including land 68,100 0
Income from continuing operations before income taxes 45,312 41,326
Income tax expense (938) (559)
Net income 44,374 40,767
Net income allocated to non-controlling interests (1,925) (1,945)
Net income attributable to common shareholders $ 42,449 $ 38,822
Earnings per share – basic $ 0.40 $ 0.36
Earnings per share – diluted $ 0.40 $ 0.36
Weighted average number of common shares outstanding – basic 104,826 108,530
Weighted average number of common shares outstanding – diluted 104,899 108,597
Condensed Consolidated Statements of Comprehensive Income    
Net income $ 44,374 $ 40,767
Other comprehensive income    
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation 357 351
Comprehensive income 44,731 41,118
Net income allocated to non-controlling interests (1,925) (1,945)
Comprehensive income attributable to common shareholders $ 42,806 $ 39,173