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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUE:      
Rental and other property revenue $ 638,913 $ 659,841 $ 627,414
Other income 1,122 1,142 1,111
Total revenue 640,035 660,983 628,525
EXPENSES:      
Property operating expenses 235,588 244,330 232,275
Property management expenses 29,923 27,081 24,033
General and administrative expenses 24,245 22,766 26,260
Depreciation and amortization expense 220,854 218,968 252,849
Casualty losses (gains), net 3,935 925 (8,866)
Total expenses 514,545 514,070 526,551
Interest expense (76,141) (89,921) (86,955)
(Loss on impairment) gain on sale of real estate assets, net (9,862) (66,547) 111,756
Gain (loss) on extinguishment of debt 200 (124) 0
Merger and integration costs 0 0 (5,505)
Other (loss) income, net (1) (427) 1,558
Income (loss) from investments in unconsolidated real estate entities 347 (4,488) (2,169)
Restructuring costs 0 (3,213) 0
Net income (loss): 40,033 (17,807) 120,659
(Income) loss allocated to noncontrolling interest (742) 580 (3,410)
Net income (loss) allocable to common shares $ 39,291 $ (17,227) $ 117,249
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.17 $ (0.08) $ 0.53
Diluted (in dollars per share) $ 0.17 $ (0.08) $ 0.53
Weighted-average shares:      
Basic (in shares) 224,798,958 224,414,443 221,965,460
Diluted (in shares) 225,584,306 224,414,443 223,119,937