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SEGMENT INFORMATION - Schedule of Reconciliation of Consolidated Net Income to Consolidated NOI (Details) - USD ($)
$ in Thousands
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
Segment Reporting [Abstract]                
Net loss $ (25,998) $ (88,936) $ (27,056) $ (165,720) $ 30,267 $ (16,414) $ (141,990) $ (151,867)
Plus:                
Interest expense 32,914     30,561     97,104 85,104
Interest expense - amortization of deferred financing costs 1,336     1,247     3,763 3,753
Depreciation and amortization 43,005     44,301     131,120 133,530
General and administrative expenses 7,841     12,681     34,636 32,726
Equity in loss of unconsolidated real estate ventures 18,183     125,862     43,526 153,957
Provision for impairment 0     37,980     63,369 44,407
Gain on early extinguishment of debt 0     0     0 (941)
Less:                
Interest and investment income 1,238     639     3,274 2,572
Income tax provision 0     0     (85) (11)
Net gain on disposition of real estate 35     0     3,008 0
Net gain on real estate venture transactions 0     770     183 54,503
Consolidated net operating income $ 76,008     $ 85,503     $ 225,148 $ 243,605