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v3.26.1

Segment Reporting (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |  |  |
Property revenues |  | $ 388,773 | $ 390,565
Real estate taxes |  | (49,890) | (49,722)
Non-property income |  | 1,237 | 3,695
Interest expense |  | (37,359) | (33,790)
Depreciation and amortization |  | (150,000) | (149,252)
Gain on sale of operating property, including land |  | 68,100 | 0
Income tax expense |  | (938) | (559)
Net income |  | $ 44,374 | 40,767
Number of reportable segments not disclosed flag |  | true |
Maximum [Member] | Revenue Benchmark | Revenue from Rights Concentration Risk |  |  |
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |  |  |
Concentration Risk, Percentage |  | 1.50% |
Reportable Segment |  |  |
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |  |  |
Property revenues |  | $ 388,773 | 390,565
Real estate taxes |  | (49,890) | (49,722)
Salaries and benefits for on-site employees |  | (26,345) | (25,784)
Utilities |  | (27,626) | (27,778)
Repairs and maintenance |  | (16,750) | (16,713)
Other property and maintenance expenses (a) | [1] | (19,458) | (19,423)
Net operating income |  | 248,704 | 251,145
Non-property income |  | 1,237 | 3,695
Other segment expenses (b) | [2] | (85,370) | (30,472)
Interest expense |  | (37,359) | (33,790)
Depreciation and amortization |  | (150,000) | (149,252)
Gain on sale of operating property, including land |  | 68,100 | 0
Income tax expense |  | (938) | (559)
Net income |  | $ 44,374 | $ 40,767
[1] | Other non-significant property segment expenses, include the following other property and maintenance expenses: property insurance, marketing and leasing, property general and administrative, and other property expenses.
[2] | Other expenses include property management, fee and asset management, general and administrative, (benefit)/expense on deferred compensation plans, and other non-operating expenses.

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