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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUE        
Property rental $ 112,536 $ 120,592 $ 235,172 $ 244,625
Third-party real estate services, including reimbursements 17,397 22,862 35,265 45,646
Other revenue 5,387 8,641 10,067 14,786
Total revenue 135,320 152,095 280,504 305,057
EXPENSES        
Depreciation and amortization 51,306 49,218 108,161 102,649
Property operating 36,254 35,912 71,533 71,524
Real estate taxes 14,399 14,424 28,194 29,648
General and administrative:        
Corporate and other 17,001 15,093 31,974 31,216
Third-party real estate services 18,650 22,105 40,977 45,928
Share-based compensation related to Formation Transaction and special equity awards       351
Transaction and other costs 824 3,492 2,338 5,964
Total expenses 138,434 140,244 283,177 287,280
OTHER INCOME (EXPENSE)        
Income (loss) from unconsolidated real estate ventures, net (226) 510 749 943
Interest and other income, net 3,432 2,281 5,532 6,358
Interest expense (31,973) (25,835) (62,133) (52,677)
Gain on the sale of real estate, net 89   286 40,700
Loss on the extinguishment of debt   (450)   (450)
Impairment loss (1,025)   (18,236)  
Total other income (expense) (29,703) (23,494) (73,802) (5,126)
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT (32,817) (11,643) (76,475) 12,651
Income tax (expense) benefit (597) (611) 871 (595)
NET INCOME (LOSS) (33,414) (12,254) (75,604) 12,056
Net (income) loss attributable to redeemable noncontrolling interests 3,454 1,398 7,988 (1,965)
Net loss attributable to noncontrolling interests 5,587 311 10,967 535
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (24,373) $ (10,545) $ (56,649) $ 10,626
EARNINGS (LOSS) PER COMMON SHARE:        
EARNINGS (LOSS) PER COMMON SHARE - BASIC $ (0.27) $ (0.10) $ (0.63) $ 0.09
EARNINGS (LOSS) PER COMMON SHARE - DILUTED $ (0.27) $ (0.10) $ (0.63) $ 0.09
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC 91,030 109,695 91,832 111,862
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED 91,030 109,695 91,832 111,862