XML 60 R45.htm IDEA: XBRL DOCUMENT v3.25.3

Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents Net Income for the three and nine months ended September 30, 2025 and 2024:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
			(in thousands)
REVENUES:
Rental income			$	274,909					$	285,951					$	826,224					$	836,760
Other property income			4,835						3,987						14,256						12,490
Total revenues			279,744						289,938						840,480						849,250
EXPENSES:
Property expenses			61,764						63,593						179,053						180,192
Real estate taxes			25,878						26,677						81,008						84,925
Ground leases			3,018						2,977						9,057						8,725
General and administrative expenses			18,247						17,981						53,623						54,097
Leasing costs			2,610						2,353						7,760						6,751
Depreciation and amortization			87,487						91,879						262,231						267,061
Total expenses			199,004						205,460						592,732						601,751
OTHER INCOME (EXPENSES):
Interest income			3,119						9,688						4,765						32,962
Interest expense			(32,152)						(36,408)						(94,144)						(112,042)
Other income (expense)			91						(85)						124						(499)
Gains on sales of depreciable operating properties			110,484						—						127,038						—
Total other expenses			81,542						(26,805)						37,783						(79,579)
NET INCOME			$	162,282					$	57,673					$	285,531					$	167,920

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration