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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 57,117 $ 3,204 $ (99,515)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 140,591 190,505 256,310
Net amortization of deferred financing costs, discounts on available-for-sale securities and debt discounts 10,479 23,824 117,489
Net amortization of intangible lease assets and liabilities 15,666 21,425 20,798
Gain on sales of real estate assets (16,676) (5,125) (5,345)
Loss (gain) on insurance proceeds   176 (687)
Gain on deconsolidation   (47,879) (36,250)
Loss on available-for-sale securities     39
Write-off of development projects 230 39 834
Share-based compensation expense 14,928 12,982 11,885
Loss on impairment 1,461   252
Gain on Consolidation (26,727)    
Loss (gain) on extinguishment of debt 819 (3,270) (7,344)
Equity in earnings of unconsolidated affiliates (22,932) (11,865) (19,796)
Distributions of earnings from unconsolidated affiliates 20,665 18,433 23,905
Change in estimate of uncollectable revenues 4,155 1,646 (4,463)
Change in deferred tax accounts (1,650) (1,283) 1,128
Changes in:      
Tenant and other receivables (2,377) (3,752) (10,494)
Other assets 14,982 1,247 (355)
Accounts payable and accrued liabilities (8,508) (16,791) (40,157)
Net cash provided by operating activities 202,223 183,516 208,234
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to real estate assets (36,192) (42,859) (39,064)
Acquisitions of real estate assets     (5,766)
Increase in cash and restricted cash from acquisition of interest in unconsolidated affiliate, net of cash paid 9,840    
Net proceeds from sales of real estate assets 79,446 9,810 9,633
Purchases of available-for-sale securities (360,824) (312,782) (741,042)
Redemptions of available-for-sale securities 379,613 355,543 600,697
Proceeds from insurance   281 743
Additional investments in and advances to unconsolidated affiliates (9,491) (10,926) (3,269)
Distributions in excess of equity in earnings of unconsolidated affiliates 5,075 5,297 25,547
Changes in other assets (2,461) (2,663) (4,164)
Net cash provided by (used in) investing activities 65,006 1,701 (156,685)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from mortgage and other indebtedness     425,000
Principal payments on mortgage and other indebtedness (146,258) (79,000) (524,171)
Additions to deferred financing costs (273) (693) (18,834)
Repurchases of common stock (36,458) (1,109)  
Contributions from noncontrolling interests 13 117 589
Payment of tax withholdings for restricted stock awards and performance stock units (3,028) (3,184) (1,740)
Distributions to noncontrolling interests (140) (2,128) (2,769)
Dividends paid to common shareholders (50,357) (118,093) (23,873)
Net cash used in financing activities (236,501) (204,090) (145,798)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 30,728 (18,873) (94,249)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 123,076 141,949 236,198
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 153,804 123,076 141,949
Reconciliation from consolidated statements of cash flows to consolidated balance sheets:      
Cash and cash equivalents 40,791 [1] 34,188 [1] 44,718
Cash held-for-sale 75    
Restricted cash:      
Restricted cash 47,482 53,180 58,182
Mortgage escrows 65,456 35,708 39,049
SUPPLEMENTAL INFORMATION      
Cash paid for interest, net of amounts capitalized $ 131,328 $ 136,146 124,149
Cash paid for reorganization items     $ 6,532
[1] As of December 31, 2024, includes $174,745 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $212,234 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 10.