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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income $ 146,066 $ 173,046 $ 176,229
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Impairment charges 51,764 67,366 27,349
Impairment charges on joint ventures 28,217 0 647
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 16,101 (2,197) 651
Gain on Insurance Recovery 0 0 (552)
Deferred income tax benefit (expense) (1,539) (344) (169)
Financing Receivable, Credit Loss, Expense (Reversal) 12,247 878 10,816
Costs associated with loan refinancing or payoff 337 0 0
Loss from Equity Method Investments 8,809 6,768 1,672
Distributions from joint ventures 0 1,300 780
Depreciation and amortization 165,733 168,033 163,652
Amortization of deferred financing costs 8,844 8,637 8,360
Amortization of above and below Market Leases (333) (535) (355)
Share-based compensation expense to management and trustees 14,066 17,512 16,666
share based compensation included in severance expense 1,598 304 0
Increase (Decrease) in Operating Lease Assets and Liabilities, Net (1,299) (6) 463
Increase Decrease In Mortgage Notes Accrued Interest Receivable (2,171) (1,231) (500)
Increase (Decrease) in Accounts Receivable (22,031) (10,091) 25,974
Increase (Decrease) in Other Operating Assets (7,935) (2,738) (473)
Increase (Decrease) in Accounts Payable and Accrued Liabilities 11,950 8,488 14,576
Increase (Decrease) in Deferred Revenue (5,085) 7,510 (2,768)
Net Cash Provided by (Used in) Operating Activities, Total 393,137 447,094 441,716
Investing activities:      
Acquisition of rental properties and other assets (45,706) (60,703) (174,533)
Proceeds from Sale of Real Estate 74,421 57,160 10,965
Investment in unconsolidated joint ventures 1,290 4,859 26,088
Proceeds from Equity Method Investment, Distribution, Return of Capital 0 0 6,695
Payments for (Proceeds from) Derivative Instrument, Investing Activities (10,403) (10,022) 3,830
Investment in mortgage notes receivable (113,939) (110,428) (95,234)
Proceeds from mortgage note receivable paydown 618 552 1,749
Investment in promissory notes receivable 0 3,025 0
Proceeds from promissory note receivable paydown 1,406 1,386 701
Proceeds from Insurance Recovery 0 0 3,700
Additions to properties under development (102,265) (91,153) (75,710)
Net Cash Provided by (Used in) Investing Activities, Total (176,352) (201,048) (351,585)
Financing activities:      
Proceeds from Issuance of Long-term Debt 244,000 0 0
Principal payments on long-term debt (205,638) 0 0
Deferred financing fees paid 0 (369) (328)
Proceeds from (Payments for) Other Financing Activities (9,534) 0 0
Net proceeds from issuance of common shares 816 615 758
Payment, Tax Withholding, Share-based Payment Arrangement 0 0 (11)
Issuances of captive REIT preferred shares 0 0 107
Purchase of common shares for treasury (11,375) (3,696) (4,257)
Dividends paid to shareholders (279,888) (272,245) (265,661)
Net Cash Provided by (Used in) Financing Activities, Total (261,619) (275,695) (269,392)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (45,282) (29,530) (179,390)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 35,699 80,981 110,511
Restricted Cash and Cash Equivalents 13,637 2,902 2,577
Cash and cash equivalents at beginning of the year 78,079 107,934 288,822
Cash and cash equivalents at end of the year 22,062 78,079 107,934
Supplemental schedule of non-cash activity:      
Real Estate Owned, Transfer to Real Estate Owned 115,683 44,291 41,872
Loan to Lease Conversion 6,008 0 0
Transfer of property under development to rental property 0 1,321 0
Issuance of nonvested shares and restricted share units at fair value, including nonvested shares issued for payment of bonuses 21,325 25,277 21,751
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 0 0 36,741
Supplemental disclosure of cash flow information:      
Interest Paid, Excluding Capitalized Interest, Operating Activities 129,457 125,654 125,808
Income Taxes Paid, Net 2,646 1,495 1,282
Interest Paid, Capitalized, Investing Activities 3,468 3,566 1,286
Change in Accrued Capital Expenditures (824) 6,466 896
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations $ (448) $ 119 $ (129)