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Segment Reporting - Reconciliation of NOI to Net Income (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2024 | Mar. 31, 2023
Segment Reporting Information [Line Items] |  |
Other Operating Expense Adjustments | $ 3,152 |
Reconciliation of NOI to net income |  |
Net income | 173,557 | $ 146,775
Property management and other indirect operating expenses, net of corporate income | 35,204 | 33,936
Expensed transaction, development and other pursuit costs, net of recoveries | 4,245 | 2,992
Interest expense, net | 54,766 | 56,821
General and administrative expense | 20,331 | 20,400
Income from unconsolidated investments | (10,847) | (4,845)
Depreciation expense | 212,269 | 204,743
Income tax (benefit) expense | (22) | 3,560
Casualty and impairment loss | 2,935 | 5,051
Other real estate activity | (71) | (116)
Net operating income from real estate assets sold or held for sale | (426) | (6,950)
Net operating income | $ 491,941 | $ 462,367
Non-Apartment Components Of Mixed-Use Communities And Other Nonresidential Operations | Operating Income (Loss) | Product Concentration Risk |  |
Segment Reporting Information [Line Items] |  |
Concentration risk (as a percent) | 1.70% | 1.80%

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