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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Stockholders’ Equity
Common Stock
APIC
AOCI
Accumulated Deficit
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024     125,120        
Beginning balance at Dec. 31, 2024 $ 2,633,985 $ 2,319,922 $ 1,251 $ 3,646,801 $ 4,305 $ (1,332,435) $ 314,063
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Change in unrealized value on interest rate swaps (2,562) (2,320)     (2,320)   (242)
Common distributions declared (77,486) (77,486)       (77,486)  
Distributions to noncontrolling interests (8,227)           (8,227)
Share-based compensation (in shares)     85        
Share-based compensation $ 5,367 1,282 $ 1 1,281     4,085
Conversion of noncontrolling interests (in shares) 406   406        
Conversion of noncontrolling interests $ 0 9,648 $ 4 9,640 4   (9,648)
Net income 43,145 39,093       39,093 4,052
Ending balance (in shares) at Jun. 30, 2025     125,611        
Ending balance at Jun. 30, 2025 2,594,222 2,290,139 $ 1,256 3,657,722 1,989 (1,370,828) 304,083
Beginning balance (in shares) at Mar. 31, 2025     125,407        
Beginning balance at Mar. 31, 2025 2,620,575 2,311,427 $ 1,254 3,652,286 2,706 (1,344,819) 309,148
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Change in unrealized value on interest rate swaps (795) (720)     (720)   (75)
Common distributions declared (38,793) (38,793)       (38,793)  
Distributions to noncontrolling interests (4,176)           (4,176)
Share-based compensation (in shares)     24        
Share-based compensation $ 3,159 1,187   1,187     1,972
Conversion of noncontrolling interests (in shares) 180   180        
Conversion of noncontrolling interests $ 0 4,254 $ 2 4,249 3   (4,254)
Net income 14,252 12,784       12,784 1,468
Ending balance (in shares) at Jun. 30, 2025     125,611        
Ending balance at Jun. 30, 2025 2,594,222 2,290,139 $ 1,256 3,657,722 1,989 (1,370,828) 304,083
Beginning balance (in shares) at Dec. 31, 2025     125,788        
Beginning balance at Dec. 31, 2025 2,589,378 2,286,569 $ 1,258 3,664,205 358 (1,379,252) 302,809
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (in shares)     2,049        
Issuance of common stock 86,145 86,145 $ 20 86,125      
Offering costs, discounts, and commissions (1,088) (1,088)   (1,088)      
Change in unrealized value on interest rate swaps (81) (73)     (73)   (8)
Common distributions declared (82,259) (82,259)       (82,259)  
Distributions to noncontrolling interests (8,222)           (8,222)
Share-based compensation (in shares)     84        
Share-based compensation $ 5,786 1,522 $ 1 1,521     4,264
Conversion of noncontrolling interests (in shares) 504   504        
Conversion of noncontrolling interests $ 0 11,981 $ 5 11,975 1   (11,981)
Net income 78,496 71,495       71,495 7,001
Ending balance (in shares) at Jun. 30, 2026     128,425        
Ending balance at Jun. 30, 2026 2,668,155 2,374,292 $ 1,284 3,762,738 286 (1,390,016) 293,863
Beginning balance (in shares) at Mar. 31, 2026     125,966        
Beginning balance at Mar. 31, 2026 2,579,965 2,278,776 $ 1,259 3,667,019 416 (1,389,918) 301,189
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (in shares)     2,049        
Issuance of common stock 86,145 86,145 $ 20 86,125      
Offering costs, discounts, and commissions (1,088) (1,088)   (1,088)      
Change in unrealized value on interest rate swaps (145) (131)     (131)   (14)
Common distributions declared (41,215) (41,215)       (41,215)  
Distributions to noncontrolling interests (4,329)           (4,329)
Share-based compensation (in shares)     20        
Share-based compensation $ 3,568 1,394 $ 1 1,393     2,174
Conversion of noncontrolling interests (in shares) 390   390        
Conversion of noncontrolling interests $ 0 9,294 $ 4 9,289 1   (9,294)
Net income 45,254 41,117       41,117 4,137
Ending balance (in shares) at Jun. 30, 2026     128,425        
Ending balance at Jun. 30, 2026 $ 2,668,155 $ 2,374,292 $ 1,284 $ 3,762,738 $ 286 $ (1,390,016) $ 293,863