XML 78 R66.htm IDEA: XBRL DOCUMENT v3.26.1
Segment Information - Summary of Reconciliation of NOI to Net Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
NOI $ 300,106 $ 280,933 $ 596,500 $ 554,471
Straight-line rent on lease income 5,469 5,787 10,025 11,394
Above/below market rent amortization, net 5,449 5,731 11,037 12,481
Management, transaction, and other fees 7,192 7,244 14,125 14,056
Straight-line rent on ground rent (499) (336) (880) (673)
Above/below market ground rent amortization (536) (532) (1,072) (1,067)
Depreciation and amortization (108,803) (99,535) (215,225) (196,309)
General and administrative (27,567) (25,480) (53,173) (47,080)
Other operating expenses (2,037) (1,944) (3,038) (3,632)
Other expense, net (50,593) (51,040) (94,889) (99,713)
Add: Share of noncontrolling interests excluded from NOI 2,298 2,200 4,467 4,404
Less: Equity in income of investments in real estate excluded from NOI (10,740) (14,679) (15,340) (28,130)
Net income $ 119,739 $ 108,349 $ 252,537 $ 220,202