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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Revenue Related income and Operating Expenses included in NOI at share

The following table presents accrual-based lease revenue and other property related income and operating expenses included in the Company's share of NOI for its consolidated and unconsolidated properties ("NOI at share") the periods presented (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Revenues		$	531,113			$	502,875			$	1,583,329			$	1,498,001
Operating expenses
Rent			(4,164	)			(4,239	)			(12,590	)			(12,744	)
Real estate taxes			(67,384	)			(64,996	)			(203,854	)			(194,538	)
Operating and maintenance			(92,434	)			(88,744	)			(273,056	)			(262,267	)
Total operating expenses			(163,982	)			(157,979	)			(489,500	)			(469,549	)
NOI from unconsolidated real estate joint ventures			47,970				49,212				148,555				149,042
NOI at share		$	415,101			$	394,108			$	1,242,384			$	1,177,494

Schedule of Reconciliation of NOI at Share to Net Income/(Loss)

The following table presents the reconciliation of NOI at share to Net income (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
NOI at share		$	415,101			$	394,108			$	1,242,384			$	1,177,494
Adjustments:
Management and other fee income			4,748				4,757				14,331				13,616
General and administrative			(29,646	)			(33,850	)			(96,485	)			(103,238	)
Impairment charges			(440	)			(375	)			(8,619	)			(4,277	)
Merger charges			-				-				-				(25,246	)
Depreciation and amortization			(158,269	)			(144,688	)			(473,045	)			(447,555	)
Gain on sale of properties			3,705				551				43,514				944
Other (expense)/income, net			(2,362	)			10,284				757				20,764
Mortgage and other financing income, net			12,375				11,919				35,706				19,189
Gain/(loss) on marketable securities, net			43				79				32				(27,613	)
Interest expense			(84,261	)			(76,216	)			(245,842	)			(224,122	)
Benefit/(provision) for income taxes, net			875				(128	)			45				(72,355	)
Equity in income of joint ventures, net			26,967				20,981				73,640				63,413
Equity in (loss)/income of other investments, net			(811	)			216				1,637				9,468
NOI from unconsolidated real estate joint ventures			(47,970	)			(49,212	)			(148,555	)			(149,042	)
Net income		$	140,055			$	138,426			$	439,500			$	251,440

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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