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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Rental income $ 911,161 $ 911,999 $ 879,289
Total revenues 1,066,231 1,050,334 1,009,624
OPERATING EXPENSES      
Property operating expenses 317,750 294,780 293,260
Depreciation and amortization 205,703 201,238 310,610
General and administrative 59,663 57,041 54,623
Total operating expenses 583,116 553,059 658,493
Interest:      
Interest expense on loans (90,820) (93,065) (93,284)
Loan procurement amortization expense (4,067) (4,141) (3,897)
Equity in earnings of real estate ventures 2,499 6,085 48,877
Other 1,158 6,281 (10,355)
Total other expense (91,230) (84,840) (58,659)
NET INCOME 391,885 412,435 292,472
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS      
Net income attributable to noncontrolling interests in the Operating Partnership (2,159) (2,535) (1,931)
Net loss attributable to noncontrolling interests in subsidiaries 1,454 857 722
NET INCOME ATTRIBUTABLE TO THE COMPANY $ 391,180 $ 410,757 $ 291,263
Basic earnings per share attributable to common shareholders (in dollars per share) $ 1.73 $ 1.82 $ 1.29
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.72 $ 1.82 $ 1.29
Weighted average basic shares outstanding (in shares) 226,353 225,424 224,928
Weighted average diluted shares outstanding (in shares) 227,150 226,241 225,881
Other Property Related Income      
REVENUES      
Property related income $ 113,646 $ 101,793 $ 96,166
Property Management Fee Income      
REVENUES      
Property related income $ 41,424 $ 36,542 $ 34,169