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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue, Product and Service [Extensible List] Service [Member] Service [Member] Service [Member]
REVENUES (Note 2):      
Rental income (Note 18) $ 1,118,115 $ 1,117,737 $ 1,086,018
Other property income 17,514 11,957 10,969
Total revenues 1,135,629 1,129,694 1,096,987
EXPENSES:      
Property expenses 243,441 228,964 202,744
Real estate taxes 108,951 105,868 105,869
Ground leases (Note 19) 11,715 9,732 7,565
General and administrative expenses (Note 16) 72,066 93,434 93,642
Leasing costs 8,764 6,506 4,879
Depreciation and amortization (Notes 2 and 7) 356,182 355,278 357,611
Total expenses 801,119 799,782 772,310
OTHER INCOME (EXPENSES):      
Interest and other income, net (Note 20) 37,752 22,592 1,765
Interest expense (Note 10) (145,287) (114,216) (84,278)
Gains on sales of depreciable operating properties (Note 4) 0 0 17,329
Gain on sales of long-lived assets 5,979 0 0
Total other (expenses) income (101,556) (91,624) (65,184)
NET INCOME 232,954 238,288 259,493
Net income attributable to noncontrolling common units of the Operating Partnership (Notes 2 and 12) (2,062) (2,083) (2,283)
Net income attributable to noncontrolling interests in consolidated property partnerships (Notes 2 and 12) (19,923) (23,964) (24,595)
Total income attributable to noncontrolling interests (21,985) (26,047) (26,878)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 210,969 $ 212,241 $ 232,615
Net income available to common stockholders per share - basic ( in dollars per share) $ 1.78 $ 1.80 $ 1.98
Net income available to common stockholders per share - diluted (in dollars per share) $ 1.77 $ 1.80 $ 1.97
Weighted average common units outstanding - basic (in shares) 117,649,111 117,160,173 116,806,575
Weighted average shares of common stock outstanding – diluted (in shares) 118,156,987 117,506,255 117,220,047