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EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 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 September 30,												For the Nine Months Ended September 30,
			2025						2024						2025						2024
			Equivalent Shares (if converted)						Equivalent Shares (if converted)						Equivalent Shares (if converted)						Equivalent Shares (if converted)
Common OP Units			—						—						9,357,864						—
Series B Units			233,729						198,887						228,604						218,529
Series D Units			141,066						934,585						161,300						1,111,927
			374,795						1,133,472						9,747,768						1,330,456

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 September 30,												For the Nine Months Ended September 30,
			2025						2024						2025						2024
Net income attributable to common stockholders			$	165,998					$	193,210					$	686,604					$	592,194
Earnings and dividends allocated to participating securities			(430)						(392)						(1,295)						(1,141)
Earnings for basic computations			165,568						192,818						685,309						591,053
Income allocated to noncontrolling interest - Preferred OP Units and OP Units			7,293						7,800						—						24,136
Net income for diluted computations			$	172,861					$	200,618					$	685,309					$	615,189
Weighted average common shares outstanding:
Average number of common shares outstanding - basic			211,963,870						211,698,436						211,918,589						211,522,578
Common OP Units			9,341,088						8,597,656						—						8,651,915
Shares related to dilutive stock options			—						2,778						—						3,199
Average number of common shares outstanding - diluted			221,304,958						220,298,870						211,918,589						220,177,692
Earnings per common share
Basic			$	0.78					$	0.91					$	3.23					$	2.79
Diluted			$	0.78					$	0.91					$	3.23					$	2.79

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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