EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table shows the amounts used in computing our basic and diluted earnings per share (in thousands, except per share amounts):


			For the Three Months Ended March 31,
			2026						2025
Numerator for basic and diluted earnings per share:
Net income			$	59,046					$	48,356
Net income attributable to noncontrolling interests			3,134						1,488
Net income attributable to common stockholders			$	55,912					$	46,868
Denominator:
Denominator for basic earnings per share—weighted average shares			476,185						439,931
Effect of dilutive securities:

Restricted stock awards			685						506
OP unitholder interests			3,359						3,401
Exchangeable Notes			5,225						2,221
Equity forward sales agreements			1,261						365
Denominator for diluted earnings per share—adjusted weighted average shares			486,715						446,424
Basic earnings per share:
Net income			$	0.12					$	0.11
Net income attributable to common stockholders			0.12						0.11
Diluted earnings per share:
Net income			$	0.12					$	0.11
Net income attributable to common stockholders			0.11						0.10