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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]    
REVENUES        
Rental income (Note 7) $ 280,681 $ 272,546 $ 852,094 $ 804,330
Other property income 2,913 3,412 8,584 8,313
Total revenues 283,594 275,958 860,678 812,643
EXPENSES        
Property expenses 59,445 52,075 168,233 147,421
Real estate taxes 28,363 27,415 84,868 78,718
Ground leases 2,390 1,771 7,172 5,473
General and administrative expenses (Note 6) 24,761 23,524 71,356 68,425
Leasing costs 1,852 1,015 4,550 3,475
Depreciation and amortization 85,224 81,140 269,262 266,215
Total expenses 202,035 186,940 605,441 569,727
OTHER INCOME (EXPENSES)        
Interest and other income, net 7,015 295 11,896 501
Interest expense (Note 4) (29,837) (19,982) (81,891) (60,728)
Gain on sale of depreciable operating property 0 17,329 0 17,329
Total other expenses (22,822) (2,358) (69,995) (42,898)
NET INCOME 58,737 86,660 185,242 200,018
Net income attributable to noncontrolling common units of the Operating Partnership (515) (664) (1,612) (1,695)
Net income attributable to noncontrolling interests in consolidated property partnerships (5,460) (6,239) (18,673) (18,333)
Total income attributable to noncontrolling interests (5,975) (6,903) (20,285) (20,028)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 52,762 $ 79,757 $ 164,957 $ 179,990
Net income available to common stockholders per share – basic (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Weighted average common shares outstanding – basic (in shares) 117,184,609 116,872,953 117,133,420 116,782,621
Weighted average common shares outstanding – diluted (in shares) 117,495,246 117,242,411 117,411,395 117,163,149