XML 22 R6.htm IDEA: XBRL DOCUMENT v3.25.2
HPI - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Rental and other revenues $ 200,600 $ 204,738 $ 400,983 $ 416,013
Operating expenses:        
Rental property and other expenses 63,655 64,559 128,689 134,994
Depreciation and amortization 74,679 73,745 146,084 147,416
General and administrative 10,319 9,357 22,776 21,856
Total operating expenses 148,653 147,661 297,549 304,266
Interest expense 37,665 35,904 74,307 72,456
Other income 4,629 7,455 6,254 8,687
Gains on disposition of property 0 35,022 82,215 42,231
Equity in earnings of unconsolidated affiliates 310 1,120 1,625 1,774
Net income 19,221 64,770 119,221 91,983
Net (income) attributable to noncontrolling interests in the Operating Partnership (365) (1,281) (2,321) (1,814)
Net loss attributable to noncontrolling interests in consolidated affiliates 0 2 26 7
Dividends on Preferred Stock (586) (621) (1,207) (1,242)
Net income available for common stockholders $ 18,270 $ 62,870 $ 115,719 $ 88,934
Earnings per Common Share – basic:        
Net income available for common stockholders (in dollars per share) $ 0.17 $ 0.59 $ 1.07 $ 0.84
Weighted average Common Shares outstanding - basic (in shares) 107,825 105,996 107,754 105,900
Earnings per Common Share - diluted:        
Net income available for common stockholders (in dollars per share) $ 0.17 $ 0.59 $ 1.07 $ 0.84
Weighted average Common Shares outstanding - diluted (in shares) 109,976 108,147 109,905 108,053