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HPI - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Rental and other revenues $ 200,383 $ 211,275
Operating expenses:    
Rental property and other expenses 65,034 70,435
Depreciation and amortization 71,405 73,671
General and administrative 12,457 12,499
Total operating expenses 148,896 156,605
Interest expense 36,642 36,552
Other income 1,625 1,232
Gains on disposition of property 82,215 7,209
Equity in earnings of unconsolidated affiliates 1,315 654
Net income 100,000 27,213
Net (income) attributable to noncontrolling interests in the Operating Partnership (1,956) (533)
Net loss attributable to noncontrolling interests in consolidated affiliates 26 5
Dividends on Preferred Stock (621) (621)
Net income available for common stockholders $ 97,449 $ 26,064
Earnings per Common Share – basic:    
Net income available for common stockholders (in dollars per share) $ 0.91 $ 0.25
Weighted average Common Shares outstanding - basic (in shares) 107,683 105,804
Earnings per Common Share - diluted:    
Net income available for common stockholders (in dollars per share) $ 0.91 $ 0.25
Weighted average Common Shares outstanding - diluted (in shares) 109,834 107,958