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v3.25.1

Supplemental Cash Flow Information of the Company (Tables) | 3 Months Ended
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Mar. 31, 2025
Supplemental Cash Flow Elements [Abstract] |
Schedule of Supplemental Cash Flows | Supplemental cash flows information as follows (in thousands):
| Three Months Ended March 31,
| 2025 |  | 2024
SUPPLEMENTAL CASH FLOWS INFORMATION: |  |  |
Cash paid for interest, net of capitalized interest of $19,166 and $18,697 as of March 31, 2025 and 2024, respectively | $ | 24,500 |  |  | $ | 16,336 |
Cash paid for amounts included in the measurement of ground lease liabilities | $ | 2,325 |  |  | $ | 1,560 |
NON-CASH INVESTING TRANSACTIONS: |  |  |
Accrual for expenditures for operating properties and development and redevelopment properties | $ | 23,115 |  |  | $ | 57,027 |
Tenant improvements funded directly by tenants | $ | 1,032 |  |  | $ | 603 |
Remeasurement of ground lease liability and related right of use ground lease asset | $ | — |  |  | $ | 4,782 |
NON-CASH FINANCING TRANSACTIONS: |  |  |
Accrual of dividends and distributions payable to common stockholders and common unitholders | $ | 64,990 |  |  | $ | 65,111 |
Schedule of Reconciliation of Cash and Cash Equivalents and Restricted Cash | The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the three months ended March 31, 2025 and 2024.
| Three Months Ended March 31,
| 2025 |  | 2024
| (in thousands)
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH: |  |  |
Cash and cash equivalents at beginning of period | $ | 165,690 |  |  | $ | 510,163 |
Restricted cash at beginning of period | — |  |  | — |
Cash and cash equivalents and restricted cash at beginning of period | $ | 165,690 |  |  | $ | 510,163 |
Cash and cash equivalents at end of period | $ | 146,711 |  |  | $ | 855,007 |
Restricted cash at end of period | — |  |  | — |
Cash and cash equivalents and restricted cash at end of period | $ | 146,711 |  |  | $ | 855,007 |
Schedule of Reconciliation of Cash and Cash Equivalents and Restricted Cash | The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the three months ended March 31, 2025 and 2024.
| Three Months Ended March 31,
| 2025 |  | 2024
| (in thousands)
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH: |  |  |
Cash and cash equivalents at beginning of period | $ | 165,690 |  |  | $ | 510,163 |
Restricted cash at beginning of period | — |  |  | — |
Cash and cash equivalents and restricted cash at beginning of period | $ | 165,690 |  |  | $ | 510,163 |
Cash and cash equivalents at end of period | $ | 146,711 |  |  | $ | 855,007 |
Restricted cash at end of period | — |  |  | — |
Cash and cash equivalents and restricted cash at end of period | $ | 146,711 |  |  | $ | 855,007 |

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