v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Stock- holders’ Equity
Common Stock
Additional Paid-in Capital
Retained Earnings (Distributions in Excess of Earnings)
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024     118,046,674      
Beginning balance at Dec. 31, 2024 $ 5,608,869 $ 5,382,046 $ 1,181 $ 5,209,653 $ 171,212 $ 226,823
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 43,681 39,008     39,008 4,673
Issuance of share-based compensation awards 1,476 1,476   1,476    
Non-cash amortization of share-based compensation 5,176 5,176   5,176    
Net settlement of restricted stock units for shares of common stock (in shares)     222,085      
Net settlement of restricted stock units for shares of common stock (6,009) (6,009) $ 2 (6,011)    
Distributions to noncontrolling interests in consolidated property partnerships (7,234)         (7,234)
Adjustment for noncontrolling interest in the Operating Partnership 0 121   121   (121)
Dividends declared per share of common stock and common unit ($0.54 per share/unit) (65,974) (65,353)     (65,353) (621)
Ending balance (in shares) at Mar. 31, 2025     118,268,759      
Ending balance at Mar. 31, 2025 $ 5,579,985 5,356,465 $ 1,183 5,210,415 144,867 223,520
Beginning balance (in shares) at Dec. 31, 2025 118,372,451   118,372,451      
Beginning balance at Dec. 31, 2025 $ 5,637,743 5,420,807 $ 1,184 5,230,747 188,876 216,936
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (14,673) (19,267)     (19,267) 4,594
Issuance of share-based compensation awards 4,416 4,416   4,416    
Non-cash amortization of share-based compensation 5,811 5,811   5,811    
Repurchase of common stock (in shares)     (2,357,739)      
Repurchase of common stock (72,671) (72,671) $ (24) (72,647)    
Net settlement of restricted stock units for shares of common stock (in shares)     264,095      
Net settlement of restricted stock units for shares of common stock (6,970) (6,970) $ 3 (6,973)    
Contributions from noncontrolling interests in consolidated property partnerships 9,000         9,000
Distributions to noncontrolling interests in consolidated property partnerships (6,380)         (6,380)
Adjustment for noncontrolling interest in the Operating Partnership 0 (214)   (214)   214
Dividends declared per share of common stock and common unit ($0.54 per share/unit) $ (67,362) (66,750)     (66,750) (612)
Ending balance (in shares) at Mar. 31, 2026 116,278,807   116,278,807      
Ending balance at Mar. 31, 2026 $ 5,488,914 $ 5,265,162 $ 1,163 $ 5,161,140 $ 102,859 $ 223,752