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Investment in Real Estate (Tables)
9 Months Ended
Sep. 30, 2025
Real Estate [Abstract]  
Schedule of Investment in Real Estate
The table below summarizes our investment in real estate:

(In thousands)September 30, 2025December 31, 2024
Land$1,199,291$1,185,977
Buildings and improvements(1)
10,330,03910,190,502
Tenant improvements and lease intangibles1,062,5431,032,373
Property under development(1)
179,56386,400
Investment in real estate, gross$12,771,436$12,495,252
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(1) During the nine months ended September 30, 2025, net balances transferred from Building and improvements to Property under development for development projects was $13.9 million.
Schedule Of Asset Acquisitions Purchase Price Allocation The table below summarizes the adjusted relative purchase price allocation for the initial consolidation of the JV.
(In thousands)JV Consolidation
Land$4,286 
Buildings and improvements157,956 
Tenant improvements and lease intangibles7,861 
Acquired lease intangible assets and liabilities, net(602)
Interest rate contract assets6,459 
Secured note payable, net(112,995)
Other assets and liabilities, net23,501 
Net assets and liabilities consolidated$86,466 
The table below summarizes the relative fair values of the assets acquired and liabilities assumed.
(In thousands)10900 Wilshire
Land$9,029 
Buildings and improvements$80,865 
Tenant improvements and lease intangibles$4,035 
Acquired lease intangible assets and liabilities, net$1,074