XML 67 R51.htm IDEA: XBRL DOCUMENT v3.25.3
INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURES - Schedule of Results of Operations of Real Estate Ventures with Interests (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Schedule of Equity Method Investments [Line Items]                  
Revenue $ 121,417,000     $ 131,782,000     $ 363,504,000 $ 383,612,000  
Operating expenses (96,255,000)     (141,241,000)     (367,481,000) (350,670,000)  
Interest expense, net (32,914,000)     (30,561,000)     (97,104,000) (85,104,000)  
Depreciation and amortization (43,005,000)     (44,301,000)     (131,120,000) (133,530,000)  
Provision for impairment 0     (37,980,000)     (63,369,000) (44,407,000)  
Net loss (25,998,000) $ (88,936,000) $ (27,056,000) (165,720,000) $ 30,267,000 $ (16,414,000) (141,990,000) (151,867,000)  
Other-than-temporary impairment 0     (6,833,000)     0 (6,833,000)  
Equity in loss of unconsolidated real estate ventures (18,183,000)     (125,862,000)     (43,526,000) (153,957,000)  
Investment in real estate ventures 594,203,000           594,203,000   $ 570,455,000
MAP Venture                  
Schedule of Equity Method Investments [Line Items]                  
Investment in real estate ventures         $ 0        
Investment In Nonconsolidated Real Estate                  
Schedule of Equity Method Investments [Line Items]                  
Revenue 36,980,000     33,058,000     118,262,000 122,951,000  
Operating expenses (18,222,000)     (13,680,000)     (51,179,000) (63,985,000)  
Interest expense, net (15,722,000)     (12,030,000)     (45,417,000) (44,980,000)  
Depreciation and amortization (17,216,000)     (14,518,000)     (49,486,000) (54,499,000)  
Loss on property disposition 0     490,000     (474,000) 0  
Provision for impairment 0     (116,543,000)     0 (116,543,000)  
Net loss (14,180,000)     (123,223,000)     (28,294,000) (157,056,000)  
Company's share of net loss (18,281,000)     (119,111,000)     (43,821,000) (146,992,000)  
Basis adjustments and other $ 98,000     $ 82,000     $ 295,000 $ (132,000)