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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 7) $ 266,244 $ 274,890
Other property income 4,600 3,691
Total revenues 270,844 278,581
EXPENSES    
Property expenses 58,714 57,320
Real estate taxes 28,365 29,239
Ground leases 3,020 2,752
General and administrative expenses (Note 6) 16,901 17,292
Leasing costs 2,873 2,279
Depreciation and amortization 87,119 88,031
Total expenses 196,992 196,913
OTHER INCOME (EXPENSES)    
Interest income 1,134 13,190
Interest expense (Note 3) (31,148) (38,871)
Other income (expense) (Note 1) (157) (287)
Total other expenses (30,171) (25,968)
NET INCOME 43,681 55,700
Net income attributable to noncontrolling common units of the Operating Partnership (375) (502)
Net income attributable to noncontrolling interests in consolidated property partnerships (4,298) (5,278)
Total income attributable to noncontrolling interests (4,673) (5,780)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 39,008 $ 49,920
Net income available to common stockholders per share – basic (in dollars per share) $ 0.33 $ 0.42
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.33 $ 0.42
Weighted average shares of common stock outstanding – basic (in shares) 118,194,588 117,337,666
Weighted average shares of common stock outstanding – diluted (in shares) 118,664,430 117,960,926