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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS:    
Property, net $ 7,165,363 $ 7,097,113
Cash and cash equivalents 131,092 89,858
Restricted cash 94,381 87,621
Tenant and other receivables, net 129,215 155,350
Right-of-use assets, net 114,181 111,037
Deferred charges and other assets, net 372,621 369,553
Due from affiliates 3,481 1,840
Investments in unconsolidated joint ventures 718,917 654,667
Total assets 8,729,251 8,567,039
LIABILITIES AND EQUITY:    
Mortgage notes payable 5,229,832 4,894,525
Bank and other notes payable 90,216 98,323
Accounts payable and accrued expenses 98,800 87,540
Lease liabilities 71,542 71,683
Other accrued liabilities 369,657 379,863
Distributions in excess of investments in unconsolidated joint ventures 206,389 192,680
Total liabilities 6,066,436 5,724,614
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized at June 30, 2025 and December 31, 2024, and 253,199,243 and 252,925,496 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 2,530 2,527
Additional paid-in capital 6,167,547 6,160,780
Accumulated deficit (3,584,742) (3,406,786)
Accumulated other comprehensive loss (13) (34)
Total stockholders' equity 2,585,322 2,756,487
Noncontrolling interests 77,493 85,938
Total equity 2,662,815 2,842,425
Total liabilities and partners' capital $ 8,729,251 $ 8,567,039