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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS:    
Property, net $ 6,730,869 $ 7,097,113
Cash and cash equivalents 290,162 89,858
Restricted cash 90,441 87,621
Tenant and other receivables, net 129,880 155,350
Right-of-use assets, net 111,813 111,037
Deferred charges and other assets, net 341,915 369,553
Due from affiliates 1,709 1,840
Investments in unconsolidated joint ventures 727,139 654,667
Total assets 8,423,928 8,567,039
LIABILITIES AND EQUITY:    
Mortgage notes payable 5,076,908 4,894,525
Bank and other notes payable 0 98,323
Accounts payable and accrued expenses 128,426 87,540
Lease liabilities 69,732 71,683
Other accrued liabilities 368,006 379,863
Distributions in excess of investments in unconsolidated joint ventures 199,308 192,680
Total liabilities 5,842,380 5,724,614
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized at September 30, 2025 and December 31, 2024, and 256,296,193 and 252,925,496 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 2,561 2,527
Additional paid-in capital 6,223,906 6,160,780
Accumulated deficit (3,715,452) (3,406,786)
Accumulated other comprehensive loss (11) (34)
Total stockholders' equity 2,511,004 2,756,487
Noncontrolling interests 70,544 85,938
Total equity 2,581,548 2,842,425
Total liabilities and equity $ 8,423,928 $ 8,567,039