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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 85,605 $ 19,570
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 125,143 109,030
Net amortization of deferred financing costs, discounts on available-for-sale securities and debt discounts 23,455 7,666
Net amortization of intangible lease assets and liabilities 10,522 10,489
Gain on sales of real estate assets (74,099) (16,487)
Loss on insurance proceeds 79  
Write-off of development projects 27 142
Share-based compensation expense 12,585 11,083
Loss on impairment 3,193 836
Gain on deconsolidation (33,851)  
Loss on extinguishment of debt 217 819
Equity in earnings of unconsolidated affiliates (15,046) (18,826)
Distributions of earnings from unconsolidated affiliates 13,547 16,149
Change in estimate of uncollectable revenues 3,507 3,942
Change in deferred tax accounts 275 (1,102)
Changes in:    
Tenant and other receivables 7,297 96
Other assets 2,944 8,764
Accounts payable and accrued liabilities 4,120 3,852
Net cash provided by operating activities 169,520 156,023
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to real estate assets (38,712) (27,239)
Acquisitions of real estate assets (185,988)  
Net proceeds from sales of real estate assets 168,137 72,223
Purchases of available-for-sale securities (208,286) (286,844)
Redemptions of available-for-sale securities 191,596 305,604
Proceeds from insurance 69  
Additional investments in and advances to unconsolidated affiliates (4,735) (5,542)
Distributions in excess of equity in earnings of unconsolidated affiliates 5,632 1,239
Changes in other assets (1,467) (1,846)
Net cash (used in) provided by investing activities (73,754) 57,595
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from mortgage and other indebtedness 188,000  
Principal payments on mortgage and other indebtedness (200,598) (131,923)
Additions to debt issuance costs (4,892) (94)
Repurchases of common stock (4,157) (23,933)
Contributions from noncontrolling interests 1,362 13
Payment of tax withholdings for restricted stock awards and performance stock units (3,761) (1,094)
Distributions to noncontrolling interests (188) (138)
Dividends paid to common shareholders (63,374) (38,057)
Net cash used in financing activities (87,608) (195,226)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 8,158 18,392
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 153,805 123,076
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 161,963 141,468
Reconciliation from condensed consolidated statements of cash flows to condensed consolidated balance sheets:    
Cash and cash equivalents 52,586 [1] 65,113
Restricted cash:    
Restricted cash 43,154 34,251
Mortgage escrows 66,223 42,104
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 161,963 141,468
SUPPLEMENTAL INFORMATION    
Cash paid for interest, net of amounts capitalized $ 102,563 $ 102,278
[1] As of September 30, 2025, includes $165,941 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $211,371 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 8.