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Summary Of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Reconciliation of property operating income to consolidated net income
Reconciliation of property operating income to consolidated net income:
Three Months Ended March 31,
20262025
(In thousands)
Property operating income$227,416 $204,783 
General and administrative expense(11,925)(10,875)
Depreciation and amortization(99,217)(86,946)
Gain on sale of real estate92,711 1,171 
Other interest income1,040 743 
Interest expense(49,116)(42,475)
Income from partnerships161 177 
Net income161,070 66,578 
Net income attributable to noncontrolling interests(1,971)(2,810)
Net income attributable to the trust$159,099 $63,768 
Supplemental disclosures related to the Consolidated Statements Of Cash Flows
The following tables provide supplemental disclosures related to the Consolidated Statements of Cash Flows:
Three Months Ended
 March 31,
 20262025
 (In thousands)
SUPPLEMENTAL DISCLOSURES:
Total interest costs incurred$52,079 $47,325 
Interest capitalized(2,963)(4,850)
Interest expense$49,116 $42,475 
Cash paid for interest, net of amounts capitalized$40,819 $34,997 
Cash paid for income taxes$2 $11 
NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Mortgage note receivable repaid with property acquisition$9,575 $— 
Shares issued under dividend reinvestment plan$387 $396 
DownREIT operating partnership units issued with acquisition$265 $— 
DownREIT operating partnership units redeemed for common shares$— $103 
Reconciliation of cash, cash equivalents, and restricted cash
 March 31,December 31,
20262025
 (In thousands)
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:
Cash and cash equivalents$115,633 $107,415 
Restricted cash (1)8,260 10,291 
Total cash, cash equivalents, and restricted cash$123,893 $117,706 
(1)Restricted cash balances are included in "prepaid expenses and other assets" on our consolidated balance sheets.