v3.25.4

REAL ESTATE PROPERTIES - Development and Value-Add Disclosures (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2025 USD ($) ft² | Dec. 31, 2024 USD ($) | Dec. 31, 2023 USD ($)
Real Estate [Line Items] |  |  |  |
Interest costs capitalized on development properties |  | $ 21,730 | $ 19,823 | $ 16,235
Internal Development Costs Capitalized During Period |  | 7,451 | 8,181 | 10,472
Development costs incurred, for the period |  | 321,934 | $ 245,033 | $ 388,213
Improvement costs on development and value-add properties |  | 196,225 |  |
Costs to develop land |  | 118,584 |  |
Costs subsequent to transfer, development transfers during the period |  | $ 7,125 |  |
Lease Up [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 1,935,000 |  |
Cumulative Development Costs |  | $ 230,578 |  |
Projected total costs | [1] | $ 266,300 |  |
Under construction [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 1,538,000 |  |
Cumulative Development Costs |  | $ 108,005 |  |
Projected total costs | [1] | $ 233,600 |  |
Lease-Up and Under Construction [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 3,473,000 |  |
Cumulative Development Costs |  | $ 338,583 |  |
Projected total costs | [1] | $ 499,900 |  |
Prospective Development (primarily land) [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 11,798,000 |  |
Cumulative Development Costs |  | $ 371,617 |  |
Lease Up, Construction, And Prospective Development [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 15,271,000 |  |
Cumulative Development Costs |  | $ 710,200 |  |
Development completed and transferred to Real estate properties [Member] |  |  |  |
Real Estate [Line Items] |  |  |  |
Actual or estimated building size | ft² |  | 2,109,000 |  |
Cumulative Development Costs | [2] | $ 279,082 |  |
[1] | Included in these costs are development obligations of $94,201,000 and tenant improvement obligations of $9,552,000 on properties under development.
[2] | Represents cumulative costs at the date of transfer.

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