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v3.23.3

Investments in and Advances to Joint Ventures - Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments (Detail) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Condensed Combined Statements of Operations |  |  |  |
Revenues from operations | $ 144,759 | $ 138,843 | $ 421,609 | $ 413,845
Expenses from operations: |  |  |  |
Operating expenses | 105,609 | 104,715 | 328,973 | 317,261
Impairment charges |  |  | 0 | 2,536
Depreciation and amortization | 52,821 | 51,179 | 165,535 | 152,564
Interest expense | 21,147 | 20,139 | 61,991 | 57,306
Other expense, net | 690 | 501 | 2,011 | 2,152
Net income (loss) | 48,642 | 66,213 | 69,297 | 140,577
Company's share of equity in net income of joint ventures | 491 | 21,276 | 4,677 | 21,898
Basis differential adjustments | 27 | 4,642 | 1,818 | 5,570
Equity in net income of joint ventures | 518 | 25,918 | 6,495 | 27,468
Unconsolidated Joint Ventures [Member] |  |  |  |
Condensed Combined Statements of Operations |  |  |  |
Revenues from operations | 21,682 | 25,855 | 70,442 | 105,666
Expenses from operations: |  |  |  |
Operating expenses | 5,552 | 6,975 | 18,234 | 28,991
Impairment charges | 0 | 9,010 | 0 | 17,550
Depreciation and amortization | 7,806 | 9,450 | 25,149 | 37,123
Interest expense | 5,668 | 8,241 | 19,016 | 26,560
Other expense, net | 2,084 | 6,120 | 7,022 | 11,114
Total expenses | 21,110 | 39,796 | 69,421 | 121,338
Income (loss) before gain on disposition of real estate | 572 | (13,941) | 1,021 | (15,672)
Gain on disposition of real estate, net | 973 | 119,813 | 21,151 | 121,505
Net income (loss) | $ 1,545 | $ 105,872 | $ 22,172 | $ 105,833

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