v3.25.4

Note 11 - Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  |  | For the Year Ended December 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Same-store(1) rental and other property revenue |  | $ | 595,601 |  |  | $ | 585,431 |  |  | $ | 585,277 |
Non same-store(1) rental and other property revenue |  |  | 60,880 |  |  |  | 53,482 |  |  |  | 74,564 |
Total reportable segments revenue |  |  | 656,481 |  |  |  | 638,913 |  |  |  | 659,841 |
Other income |  |  | 1,215 |  |  |  | 1,122 |  |  |  | 1,142 |
Total consolidated revenue |  | $ | 657,696 |  |  | $ | 640,035 |  |  | $ | 660,983 |
Operating Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Same-store |  |  |  |  |  |  |  |  |  |  |  |
Real estate taxes |  |  | 67,926 |  |  |  | 68,534 |  |  |  | 72,518 |
Property insurance |  |  | 13,323 |  |  |  | 15,174 |  |  |  | 14,618 |
Personnel expenses |  |  | 47,460 |  |  |  | 48,068 |  |  |  | 45,592 |
Utilities |  |  | 29,720 |  |  |  | 28,923 |  |  |  | 28,296 |
Repairs and maintenance |  |  | 18,836 |  |  |  | 18,872 |  |  |  | 20,122 |
Contract services |  |  | 22,927 |  |  |  | 21,276 |  |  |  | 21,584 |
Advertising expenses |  |  | 9,079 |  |  |  | 7,380 |  |  |  | 6,342 |
Other property operating expenses (2) |  |  | 6,279 |  |  |  | 6,209 |  |  |  | 6,625 |
Total same-store operating expenses |  |  | 215,550 |  |  |  | 214,436 |  |  |  | 215,697 |
Non same-store |  |  |  |  |  |  |  |  |  |  |  |
Total non same-store operating expenses |  |  | 23,607 |  |  |  | 21,152 |  |  |  | 28,633 |
Total reportable segments operating expenses |  |  | 239,157 |  |  |  | 235,588 |  |  |  | 244,330 |
Net Operating Income: |  |  |  |  |  |  |  |  |  |  |  |
Same-store NOI |  |  | 380,051 |  |  |  | 370,995 |  |  |  | 369,580 |
Non same-store NOI |  |  | 37,273 |  |  |  | 32,330 |  |  |  | 45,931 |
Total reportable segments NOI |  |  | 417,324 |  |  |  | 403,325 |  |  |  | 415,511 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |
Other revenue |  |  | 1,215 |  |  |  | 1,122 |  |  |  | 1,142 |
Property management expenses |  |  | (30,107 | ) |  |  | (29,923 | ) |  |  | (27,081 | )
General and administrative expenses |  |  | (23,966 | ) |  |  | (24,245 | ) |  |  | (22,766 | )
Depreciation and amortization |  |  | (243,241 | ) |  |  | (220,854 | ) |  |  | (218,968 | )
Casualty losses |  |  | (1,314 | ) |  |  | (3,935 | ) |  |  | (925 | )
Interest expense |  |  | (78,998 | ) |  |  | (76,141 | ) |  |  | (89,921 | )
Gain on sale (loss on impairment) of real estate assets, net |  |  | 6,147 |  |  |  | (9,862 | ) |  |  | (66,547 | )
(Loss) gain on extinguishment of debt |  |  | (67 | ) |  |  | 200 |  |  |  | (124 | )
Other loss |  |  | (352 | ) |  |  | (1 | ) |  |  | (427 | )
Income (loss) from investments in unconsolidated real estate entities |  |  | 11,066 |  |  |  | 347 |  |  |  | (4,488 | )
Restructuring costs |  |  | — |  |  |  | — |  |  |  | (3,213 | )
Net income (loss) |  | $ | 57,707 |  |  | $ | 40,033 |  |  | $ | (17,807 | )

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_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration