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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Antidilutive Shares Excluded from Computation of Earnings Per Share
The following table presents the number of weighted OP Units and Preferred OP Units, and the potential common shares that were excluded from the computation of earnings per share as their effect would have been anti-dilutive:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2025202420252024
Equivalent Shares (if converted)Equivalent Shares (if converted)Equivalent Shares (if converted)Equivalent Shares (if converted)
Common OP Units9,363,113 8,621,889 9,366,391 — 
Series B Units230,693 230,266 226,003 230,250 
Series D Units139,234 1,160,861 171,186 1,216,866 
9,733,040 10,013,016 9,763,580 1,447,116 
Schedule of Computation of Earnings Per Common Share
The computation of earnings per common share is as follows for the periods presented:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2025202420252024
Net income attributable to common stockholders$249,731 $185,872 $520,606 $398,984 
Earnings and dividends allocated to participating securities(449)(396)(865)(750)
Earnings for basic computations249,282 185,476 519,741 398,234 
Income allocated to noncontrolling interest - Preferred OP Units and OP Units— — — 16,336 
Net income for diluted computations$249,282 $185,476 $519,741 $414,570 
Weighted average common shares outstanding:
Average number of common shares outstanding - basic 211,940,903 211,584,155 211,895,586 211,433,877 
Common OP Units— — — 8,676,813 
Shares related to dilutive stock options— 2,950 — 3,326 
Average number of common shares outstanding - diluted211,940,903 211,587,105 211,895,586 220,114,016 
Earnings per common share
Basic$1.18 $0.88 $2.45 $1.88 
Diluted$1.18 $0.88 $2.45 $1.88