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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 8) $ 274,890 $ 290,104
Other property income 3,691 2,698
Total revenues 278,581 292,802
EXPENSES    
Property expenses 57,320 53,780
Real estate taxes 29,239 28,228
Ground leases (Note 9) 2,752 2,369
General and administrative expenses (Note 7) 17,579 23,936
Leasing costs 2,279 1,372
Depreciation and amortization 88,031 93,676
Total expenses 197,200 203,361
OTHER INCOME (EXPENSES)    
Interest income 13,190 1,460
Interest expense (Note 4) (38,871) (25,671)
Total other expenses (25,681) (24,211)
NET INCOME 55,700 65,230
Net income attributable to noncontrolling common units of the Operating Partnership (502) (560)
Net income attributable to noncontrolling interests in consolidated property partnerships (5,278) (8,062)
Total income attributable to noncontrolling interests (5,780) (8,622)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 49,920 $ 56,608
Net income available to common stockholders per share – basic (in dollars per share) $ 0.42 $ 0.48
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.42 $ 0.48
Weighted average shares of common stock outstanding – basic (in shares) 117,337,666 117,059,329
Weighted average shares of common stock outstanding – diluted (in shares) 117,960,926 117,406,518