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-7527777000

34000

13124964000

12527253000

57038000

58555000

13182002000

12585808000

27686545000

27591945000

123071000

156113000

230104000

221319000

353175000

377432000

1292790000 968904000

4411000

4336000

4069000

4324000

2499000

3078000

1656944000

1358074000

156142000

149356000

382468000

321525000

918332000

704400000

80301000

75957000

2901000

3527000

1001534000

783884000

1833000

1825000

62746000

53149000

-449000

6659000

5982000

9700000

1412000

1621531000

1317133000

35413000

40941000

-7350000 -3311000 15046000 169000

-15937000

-10557000

59046000

48356000

3134000

1488000

55912000

46868000

0.12

0.11

0.12

0.11

0.12

0.11

0.10

59046000

48356000

-2369000

7719000

-192000

485000

3099000

-7751000

538000

453000

59584000

48809000

1933000

486000

57651000

48323000

118732000

19976183000

-39851000

-7527777000

-34000

12527253000

58555000

12585808000

55912000

3134000

59046000

1739000

-1201000

538000

0 8541000 0 0 0 8541000 3450000 11991000

0.52

2000

255131000

255133000

2792000 817385000 0 0 34000 820211000 0 820211000 0 -14074000 0 0 0 -14074000 0 -14074000 0 -2403000 0 0 0 -2403000 0 -2403000

121524000

20768548000

-38112000

-7726996000

13124964000

57038000

13182002000

109119000

17607482000

-33526000

-6886653000

-25155000

10771267000

58329000

10829596000

46868000

1488000

48356000

1456000

-1003000

453000

0 -3231000 0 0 0 -3231000 2255000 -976000

0.48

-24000

217991000

217967000

3378000 912781000 0 0 -16320000 899839000 0 899839000 0 -35072000 0 0 0 -35072000 0 -35072000 0 -65000 0 0 0 -65000 0 -65000

112497000

18488381000

-32070000

-7057776000

-41475000

11469557000

56559000

11526116000

59046000

48356000

382468000

321525000

-4598000 -9563000

9367000

7363000

24842000

18827000

6656000

4347000

-449000

15046000 169000 13000 0

-19237000

-13781000

-7350000 -3311000

4360000

5091000

1561000

4227000

-10669000

-36154000

-29201000

-36514000

-27632000

-50882000

394607000

321144000

971504000

767269000

115000

462000

47055000

13250000

6821000

2870000

72440000

58368000

72965000

58906000

5913000

14928000

556000

69000

-1068505000

-883744000

-6550000

64993000

242969000

289501000

29680000

810684000

1090710000

7306000

175000

799299000

876463000

230188000

199025000

1603000 1503000

2844000

337000

15000

80000

3666000

2743000

13275000

19766000

-20829000

-17051000

89963000

-149136000

-583935000

-711736000

-912000

466000

786137000

957233000

201290000

245963000

3156000

4004000

30942000

20954000

2954000

2736000

-11061000 -8352000 -22835000 -15337000

1425

1390

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes information for our portfolio for the three months ended March 31, 2026 (dollars in thousands):</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:52.847%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.525%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Segment</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">NOI </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:700;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Percentage of Total NOI</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Segment Properties</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Senior housing operating portfolio (SHOP)</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">374,458 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">57.5 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">783 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:0.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Outpatient medical and research portfolio (OM&R)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">150,603 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">23.1 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">407 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:0.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Triple-net leased properties (NNN)</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">120,170 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">18.5 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">200 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:0.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Non-segment </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5,847 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.9 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">651,078 </span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">100.0 </span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,390 </span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net Operating Income (“NOI”) is defined as total revenues, less interest and other income, property-level operating expenses and third-party capital management expenses. See “Non-GAAP Financial Measures” included elsewhere in this Quarterly Report on Form 10-Q for additional disclosure and a reconciliation to Net income attributable to common stockholders, as computed in accordance with U.S. generally accepted accounting principles (“GAAP”), to NOI.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NOI for non-segment includes management fees and promote revenues, net of expenses related to our third-party institutional private capital management platform, income from loans and investments and corporate-level expenses not directly attributable to any of our three reportable segments. </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">n/a—</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">not</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> applicable</span></div> 374458000 0.575

783

150603000 0.231

407

120170000 0.185

200

5847000 0.009 651078000 1.000

1390

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information set forth in the Accounting Standards Codification (“ASC”), as published by the Financial Accounting Standards Board (“FASB”), and with the Securities and Exchange Commission (“SEC”) instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair statement of results for the interim periods have been included. Operating results for the three months ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026. The accompanying Consolidated Financial Statements and related notes should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Annual Report”).</span></div>

<div><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Estimates</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions regarding future events that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>

<div><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Principles of Consolidation </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Consolidated Financial Statements include our accounts and the accounts of our wholly-owned subsidiaries and the joint venture entities over which we exercise control. All intercompany transactions and balances have been eliminated in consolidation, and our net earnings are reduced by the portion of net earnings attributable to noncontrolling interests. </span></div>Substantially all of the assets of the consolidated variable interest entities (“VIEs”) are real estate investments and substantially all of the liabilities of the consolidated VIEs are mortgage loans. Assets of the consolidated VIEs can only be used to settle obligations of such VIEs. Liabilities of the consolidated VIEs represent claims against the specific assets of the VIEs.

The table below summarizes the total assets and liabilities of the consolidated VIEs as reported on our Consolidated Balance Sheets (dollars in thousands):<div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.526%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total Assets</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total Liabilities</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total Assets</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total Liabilities</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Fonds Immobilier Groupe Maurice, S.E.C.</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,791,271 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,131,236 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,822,300 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,151,437 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">NHP/PMB L.P.</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">652,988 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">229,830 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">656,813 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">235,245 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Other identified VIEs</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,459,934 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">465,845 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,469,659 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">467,665 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div>

1791271000

1131236000

1822300000

1151437000

652988000

229830000

656813000

235245000

1459934000

465845000

1469659000

467665000

<div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recent Accounting Standards</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 4, 2024, the FASB issued ASU 2024-03, </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Disaggregation of Income Statement Expenses </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“DISE”), which requires disaggregated disclosure of income statement expenses for public business entities (“PBEs”). ASU 2024-03 requires PBEs to include footnote disclosure that disaggregates, in a tabular presentation, each relevant expense caption on the face of the income statement that includes certain natural expenses relevant to the Company, such as (i) employee compensation, (ii) depreciation and (iii) intangible asset amortization. The tabular disclosure must also include certain other expenses, when applicable. The ASU does not change the expense captions an entity presents on the face of the income statement; rather, it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. The requirements will be applied </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">prospectively with the option for retrospective application. We are evaluating the impact of adopting ASU 2024-03 on our Consolidated Financial Statements.</span></div>

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes certain information about our credit risk concentration for our NNN and OM&R segments:</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.280%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.282%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:0.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31,</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">2026</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Contribution as a Percentage of Total Revenues:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Ardent</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.4 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.8 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Kindred Healthcare, LLC (“Kindred”)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.0 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.7 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Contribution as a Percentage of Total NOI:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Ardent</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.0 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.7 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">%</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Kindred</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.2 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.3 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>

0.024

0.028

0.020

0.027

0.060

0.067

0.052

0.063

284928000 316109000

68247000

61323000

<div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 4—ACQUISITIONS OF REAL ESTATE PROPERTY </span></div><div style="text-align:justify;text-indent:22.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We acquire and invest in senior housing, outpatient medical buildings, research centers and other healthcare properties primarily to achieve an expected yield on our investment, to grow and diversify our portfolio and revenue base and to reduce our dependence on any single manager or tenant, geographic location, asset type, business model or revenue source. Each of our acquisitions disclosed below was accounted for as an asset acquisition.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">2026 Acquisitions </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In our SHOP segment, during the three months ended March 31, 2026, we acquired 29 senior housing communities for an aggregate purchase price of $983.4 million.</span></div>In our SHOP segment, in April 2026, we acquired two senior housing communities for an aggregate purchase price of $59.0 million; and through a subsidiary in which we hold a 75% controlling interest, we acquired 11 senior housing communities for an aggregate purchase price of $540.0 million.

983400000

59000000.0

0.75

540000000.0

47100000

15000000.0

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below summarizes our real estate assets and liabilities classified as held for sale reported on our Consolidated Balance Sheets (dollars in thousands):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:24.338%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.595%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.595%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.595%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.595%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.595%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.607%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="15" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="15" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Segment Properties Held for Sale</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Assets Held for Sale</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Liabilities Related to Assets Held for Sale </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Segment Properties Held for Sale</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Assets Held for Sale</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Liabilities Related to Assets Held for Sale</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">SHOP</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,151 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,433 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">20,337 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2,786 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">OM&R </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">379 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">96 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">468 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">130 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">NNN</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">10 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">22,188 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,116 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Total</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,530 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,529 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">16 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">42,993 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4,032 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">______________________________</span></div><div style="margin-bottom:6pt;margin-top:5pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> Balances relate to the unsettled working capital related to properties sold.</span></div>

13151000

1433000

20337000

2786000

379000

96000

468000

130000

22188000

1116000

13530000

1529000

42993000

4032000

28300000

2400000

22200000

3700000

22100000

7600000

14400000

100000

137374000 0 137374000 140698000 24014000 3235000 20778000 19659000 161388000 3235000 158152000 160357000 143913000 0 143913000 146364000 24062000 3235000 20827000 20432000 167975000 3235000 164740000 166796000

700000

800000

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Below is a summary of our investments in unconsolidated real estate entities, including through VIM, as of March 31, 2026 and December 31, 2025, respectively (dollars in thousands):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:45.898%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.345%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.345%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.493%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">Ownership </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.2pt;font-weight:700;line-height:130%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%"> as of </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">Carrying Amount as of</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">March 31, 2026</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">December 31, 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">March 31, 2026</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:130%">December 31, 2025</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Investments in unconsolidated real estate entities:</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Ventas Fund</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">20.2%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">20.1%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">290,126 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">288,469 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Pension Fund Joint Venture</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">25.0%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">25.0%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">5,748 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">6,200 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Research & Innovation Development Joint Venture</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">53.0%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">53.0%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">275,897 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">282,512 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Ventas Investment Management platform</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">571,771 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">577,181 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Atrium Health & Wake Forest Joint Venture</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">51.0%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">51.0%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">38,939 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">39,809 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">All other </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">34.0%-37.5%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">34.0%-37.5%</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">575 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">581 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total Investments in unconsolidated real estate entities</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">611,285 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">617,571 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The entities in which we have an ownership interest may have less than a 100% interest in the underlying real estate. The ownership percentages in the table reflect our interest in the entities. Joint venture members, including us in some instances, have equity participation rights based on the underlying performance of the investments, which could result in non-pro rata distributions.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Includes investments in parking structures and other de minimis investments in unconsolidated real estate entities.</span></div>

0.202

0.201

290126000

288469000

0.250

5748000

6200000

0.530

275897000

282512000

571771000

577181000

0.510

38939000

39809000

0.340

0.375

0.340

0.375

575000

581000

611285000

617571000

1 1

62800000

37800000

46500000

3800000

3900000

0.34

0.066

1 1 0.04 <div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 8—INTANGIBLES </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of our intangibles (dollars in thousands):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.204%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.209%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Balance</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Weighted Average Remaining Amortization Period in Years</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Balance</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Weighted Average Remaining Amortization Period in Years</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Intangible assets:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Above-market lease intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">120,134 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.8</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">120,178 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.0</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">In-place lease and other real estate intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,651,235 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.2</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,560,389 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">7.0</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Acquired lease intangibles</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,771,369 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,680,567 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Goodwill</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,045,774 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,046,072 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Other intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">41,240 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">55.5</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">41,261 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">48.0</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Accumulated amortization</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(1,427,786)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(1,374,077)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net intangible assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,430,597 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">7.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,393,823 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">8.1</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Intangible liabilities:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Below-market lease intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">246,085 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">246,153 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.1</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Other lease intangibles</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,498 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,498 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Accumulated amortization</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(200,801)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(198,762)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Purchase option intangibles</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,568 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,568 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net intangible liabilities</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">62,350 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">64,457 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.1</span></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Amortization of above- and below-market lease intangibles is recorded as a decrease and an increase to revenues, respectively, in our Consolidated Statements of Income.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Amortization of intangibles is recorded in Depreciation and amortization in our Consolidated Statements of Income.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">n/a—not applicable</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended March 31, 2026, we acquired $93.6 million of intangible assets as part of our real estate acquisitions, consisting primarily of in-place lease intangibles, with a weighted average amortization period of 1.9 years at acquisition date. During the year ended December 31, 2025, we acquired $209.5 million of intangible assets as part of our real estate acquisitions, consisting primarily of in-place lease intangibles, with a weighted average amortization period of 3.5 years at acquisition date.</span></div>Other intangibles (including non-compete agreements, trade names and trademarks) are included in Other assets on our Consolidated Balance Sheets. Net intangible liabilities are included in Accounts payable and other liabilities on our Consolidated Balance Sheets. <div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of our intangibles (dollars in thousands):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.204%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.209%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Balance</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Weighted Average Remaining Amortization Period in Years</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Balance</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Weighted Average Remaining Amortization Period in Years</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Intangible assets:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Above-market lease intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">120,134 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.8</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">120,178 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.0</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">In-place lease and other real estate intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,651,235 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.2</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,560,389 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">7.0</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Acquired lease intangibles</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,771,369 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,680,567 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Goodwill</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,045,774 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,046,072 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Other intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">41,240 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">55.5</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">41,261 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">48.0</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Accumulated amortization</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(1,427,786)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(1,374,077)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net intangible assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,430,597 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">7.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,393,823 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">8.1</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Intangible liabilities:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Below-market lease intangibles </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">246,085 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">246,153 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.1</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Other lease intangibles</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,498 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,498 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Accumulated amortization</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(200,801)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(198,762)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Purchase option intangibles</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,568 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,568 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">n/a</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net intangible liabilities</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">62,350 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">64,457 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13.1</span></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Amortization of above- and below-market lease intangibles is recorded as a decrease and an increase to revenues, respectively, in our Consolidated Statements of Income.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Amortization of intangibles is recorded in Depreciation and amortization in our Consolidated Statements of Income.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">n/a—not applicable</span></div>

120134000

P3Y9M18D

120178000

P4Y

1651235000

P6Y2M12D

1560389000

P7Y

1771369000

1680567000

1045774000

1046072000

41240000

P55Y6M

41261000

P48Y

1427786000

1374077000

1430597000

P7Y3M18D

1393823000

P8Y1M6D

246085000 P13Y3M18D 246153000 P13Y1M6D 13498000 13498000 200801000 198762000 3568000 3568000 62350000 P13Y3M18D 64457000 P13Y1M6D

93600000

P1Y10M24D

209500000

P3Y6M

254903000 250833000

166222000

163481000

105337000

99872000

100903000 100614000

72201000

81389000

20778000 20827000

10444000

10681000

86212000

97832000

817000000

825529000

74000000.0

71500000

0.099

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of our Senior notes payable and other debt (dollars in thousands):</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:52.701%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.268%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.271%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Unsecured revolving credit facility </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Commercial paper notes</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">65,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.125% Senior Notes due 2026</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.75% Exchangeable Senior Notes due 2026</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">856,099 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">862,500 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.25% Senior Notes due 2026</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">450,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">450,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Unsecured term loan due February 2027</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">200,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.45% Senior Notes, Series G due 2027 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">341,383 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">346,109 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.85% Senior Notes due 2027</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">400,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">400,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.00% Senior Notes due 2028</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">650,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">650,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.398% Senior Notes, Series I due 2028 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">431,220 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">437,190 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.40% Senior Notes due 2029</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">750,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">750,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.10% Senior Notes, Series J due 2029 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">467,155 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">473,623 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.00% Senior Notes due 2030</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">650,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">650,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.75% Senior Notes due 2030</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2.50% Senior Notes due 2031</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3.30% Senior Notes, Series H due 2031 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">215,610 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">218,595 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Unsecured term loan due January 2031</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">700,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.10% Senior Notes due 2032</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.625% Senior Notes due 2034</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.00% Senior Notes due 2035</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">550,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">550,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.00% Senior Notes due 2036</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">500,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.90% Senior Notes due 2037 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">52,400 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">52,400 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6.59% Senior Notes due 2038 </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:130%;position:relative;top:-3.5pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">21,413 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">21,413 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5.70% Senior Notes due 2043</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.375% Senior Notes due 2045</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">4.875% Senior Notes due 2049</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">300,000 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Mortgage loans and other</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2,607,064 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2,641,797 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Total</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">12,607,344 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,103,627 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Deferred financing costs, net</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(78,805)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(81,529)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Unamortized fair value adjustment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6,567 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">6,422 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Unamortized discounts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(16,613)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">(17,504)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Senior notes payable and other debt</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">12,518,493 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">13,011,016 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of March 31, 2026 and December 31, 2025, we had no Canadian Dollar or British Pound borrowings outstanding.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> British Pound and Canadian Dollar debt obligations shown in US Dollars.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(3) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our 6.90% Senior Notes due 2037 are subject to repurchase at the option of the holders, at par, on October 1, 2027, and our 6.59% Senior Notes due 2038 are subject to repurchase at the option of the holders, at par, on July 7, 2028.</span></div>

65000000

0.04125

500000000

0.0375

856099000

862500000

0.0325

450000000

200000000

0.0245

341383000

346109000

0.0385

400000000

0.0400

650000000

0.05398

431220000

437190000

0.0440

750000000

0.0510

467155000

473623000

0.0300

650000000

0.0475

500000000

0.0250

500000000

0.0330

215610000

218595000

700000000

500000000

0.0510

500000000

0.05625

500000000

0.0500

550000000

0.0500

500000000

0.0690

52400000

0.0659

21413000

0.0570

300000000

0.04375

300000000

0.04875

300000000

2607064000

2641797000

12607344000

13103627000

78805000

81529000

6567000 6422000

-16613000

-17504000

12518493000

13011016000

0.0690

0.0659

3500000000

0.00775

2 P6M 4500000000

3500000000

800000

2000000000.0

65000000.0

1250000000

700000000

550000000

0.0085

1750000000

500000000

700000000

200000000

550000000

100000000.0

18600000

862500000

0.0375

856100000

0.0462

8000000.0

1800000

1200000

6400000 18.2936 54.66 0.45

500000000.0

0.0413

92000000.0

67400000

87100000

63800000

1563661000

35930000

1599591000

879277000

47366000

926643000

1448786000

65000000

40228000

1554014000

1702158000

33918000

1736076000

1382634000

23015000

1405649000

5304344000

81027000

5385371000

12280860000

65000000

261484000

12607344000

1100000000

75300000

11500000000

125300000

591600000

425200000

500000

100000

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below summarizes the carrying amounts and fair values of our financial instruments either recorded or disclosed on a recurring basis (dollars in thousands):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.829%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.624%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of March 31, 2026</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">As of December 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Fair Value</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Fair Value</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Assets:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Cash and cash equivalents </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">183,613 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">183,613 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">741,067 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">741,067 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Escrow deposits and restricted cash </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">17,677 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">17,677 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">45,070 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">45,070 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Secured loans receivable and investments, net </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(3)(4)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">137,374 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">140,698 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">143,913 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">146,364 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Non-mortgage loans receivable, net </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(3)(4)(5)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">20,778 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">19,659 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">20,827 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">20,432 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Derivative instruments </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(3)(4)(5)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">13,717 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">13,717 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">12,390 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">12,390 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Liabilities:</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Senior notes payable and other debt, gross </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(3)(4)</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">12,607,344 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">12,862,022 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">13,103,627 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">13,429,007 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Derivative instruments </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(3)(6)</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,387 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,387 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">5,267 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">5,267 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Temporary Equity:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Redeemable OP Units </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">271,757 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">271,757 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">260,672 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">260,672 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">The carrying amount approximates fair value due to the short maturity of these instruments.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">Level 1 within fair value hierarchy.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(3)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">Level 2 within fair value hierarchy.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">Level 3 within fair value hierarchy.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(5)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">Included in Other assets on our Consolidated Balance Sheets.</span></div><div style="padding-left:14.4pt;text-align:justify;text-indent:-14.4pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(6)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.73pt">Included in Accounts payable and other liabilities on our Consolidated Balance Sheets.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented above are not necessarily indicative of the amounts we would realize in a current market exchange.</span></div>

183613000

741067000

17677000 17677000 45070000 45070000 137374000 140698000 143913000 146364000 20778000 19659000 20827000 20432000

13717000

12390000

12607344000

12862022000

13103627000

13429007000

3387000

5267000

271757000

260672000

-15900000

-10600000

26700000

23400000

2700000

2800000

2500000000 1400000000 13800000 1200000000 84.62 10600000 800000000.0 17100000 1400000000 2500000 205500000 1200000000 19600000 1600000000 P2Y

-34008000

-33081000

-1490000

-1298000

-2614000

-5472000

-38112000

-39851000

<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table shows the amounts used in computing our basic and diluted earnings per share (in thousands, except per share amounts):</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:65.128%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.422%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31,</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%"> </span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">2026</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Numerator for basic and diluted earnings per share:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:0.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">59,046 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">48,356 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income attributable to noncontrolling interests</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,134 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,488 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">55,912 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">46,868 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Denominator:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Denominator for basic earnings per share—weighted average shares</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">476,185 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">439,931 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Effect of dilutive securities:</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:5.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Restricted stock awards</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">685 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">506 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 6.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:5.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">OP unitholder interests</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,359 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">3,401 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Exchangeable Notes</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">5,225 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">2,221 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Equity forward sales agreements</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">1,261 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">365 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Denominator for diluted earnings per share—adjusted weighted average shares</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">486,715 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">446,424 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Basic earnings per share:</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:3pt double #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.12 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.11 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.12 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.11 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:130%">Diluted earnings per share: </span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.12 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.11 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.11 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:130%">0.10 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>

59046000

48356000

3134000

1488000

55912000

46868000

476185000

439931000

685000

506000

3359000

3401000

5225000

2221000

1261000

365000

486715000

446424000

0.12

0.11

0.12

0.11

0.12

0.11

0.10

<div style="text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 16—SEGMENT INFORMATION </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of March 31, 2026, we operated through three reportable segments: SHOP, OM&R and NNN. In our SHOP segment, we own and invest in senior housing communities and engage operators to operate those communities. In our OM&R segment, we primarily acquire, own, develop, lease and manage outpatient medical buildings and research centers. In our NNN segment, we invest in and own senior housing communities, skilled nursing facilities (“SNFs”), long-term acute care facilities (“LTACs”), freestanding inpatient rehabilitation facilities (“IRFs”) and other healthcare facilities and lease the properties to tenants under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses, including maintenance, utilities, repairs, taxes, insurance and capital expenditures. Information provided for “non-segment” includes management fees and promote revenues, net of expenses related to our third-party institutional private capital management platform, income from loans and investments and corporate-level expenses not directly attributable to any of our three reportable segments. Non-segment assets consist primarily of corporate assets, including cash and cash equivalents, restricted cash, loans receivable and investments and accounts receivable. Total assets by reportable segment is not disclosed as the CODM does not review such information to evaluate business performance and allocate resources.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our CODM is the Chief Executive Officer of the Company. Our CODM evaluates performance of the combined properties in each operating segment and determines how to allocate resources to these segments, based on NOI for each segment. Our CODM uses NOI to assess the performance of each segment and to allocate resources (including employees and financial or capital resources) primarily during the quarterly or annual business review and annual budget and forecasting process. We define NOI as total revenues, less interest and other income, property-level operating expenses and third-party capital management expenses. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense, depreciation and amortization, general, administrative and professional fees, income tax expense and other non-property-specific revenues and expenses are not allocated to individual reportable segments for purposes of assessing segment performance. There are no intersegment sales or transfers.</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Summary information by reportable segment is as follows (dollars in thousands):</span></div><div style="text-indent:36pt"><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.579%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31, 2026</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">SHOP</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">OM&R</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">NNN</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Non-Segment</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Revenues</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Rental income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,104 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">353,175 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Resident fees and services</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management revenues</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">800 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,611 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,411 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income from loans and investments</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,069 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,069 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,904 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,179 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,656,944 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,179 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,656,944 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Less:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Labor </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">513,961 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">513,961 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Management fees</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">67,563 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">67,563 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other segment expenses </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">336,808 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">80,301 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,901 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">420,010 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Property-level operating expenses</span></div></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">918,332 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">80,301 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,901 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,001,534 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management expenses</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,833</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,833 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">NOI</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">374,458 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">150,603 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">120,170 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">5,847 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">651,078 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(156,142)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Depreciation and amortization</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(382,468)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">General, administrative and professional fees</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(62,746)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss on extinguishment of debt, net</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(449)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Transaction, transition and restructuring costs</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(6,659)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other expense</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(9,700)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss from unconsolidated entities</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(7,350)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Gain on real estate dispositions</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">15,046 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income tax benefit</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">15,937 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">59,046 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to noncontrolling interests</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,134 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">55,912 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Labor expense primarily includes salaries, benefits and related taxes.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other segment expenses include:</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">SHOP — food, utilities, real estate taxes, insurance, repairs and maintenance, marketing, supplies and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">OM&R — utilities, real estate taxes, insurance, repairs and maintenance, cleaning, roads and grounds expense and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">NNN — real estate taxes and insurance.</span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The CODM does not regularly receive significant expense details for the OM&R or the NNN segments and focuses on monitoring revenues and NOI because a significant majority or all of the property-level operating expenses are recovered from the tenants.</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.579%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">SHOP</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">OM&R</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">NNN</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Non-Segment</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Revenues</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Rental income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,319 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">377,432 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Resident fees and services</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management revenues</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">680 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,656 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,336 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income from loans and investments</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,324 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,324 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,999 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">11,058 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,358,074 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,999 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">11,058 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,358,074 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Less:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Labor </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">392,624 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">392,624 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Management fees</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">50,611 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">50,611 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other segment expenses </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">261,165 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">75,957 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,527 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">340,649 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Property-level operating expenses</span></div></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">704,400 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">75,957 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,527 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">783,884 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management expenses</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,825 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,825 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">NOI</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">264,504 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">146,042 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">152,586 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">6,155 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">569,287 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(149,356)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Depreciation and amortization</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(321,525)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">General, administrative and professional fees</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(53,149)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Transaction, transition and restructuring costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(5,982)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(1,412)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss from unconsolidated entities</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(3,311)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Gain on real estate dispositions</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">169 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income tax benefit</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,557 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">48,356 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to noncontrolling interests</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,488 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">46,868 </span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Labor expense primarily includes salaries, benefits and related taxes.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other segment expenses include:</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">SHOP — food, utilities, real estate taxes, insurance, repairs and maintenance, marketing, supplies and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">OM&R — utilities, real estate taxes, insurance, repairs and maintenance, cleaning, roads and grounds expense and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">NNN — real estate taxes and insurance.</span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The CODM does not regularly receive significant expense details for the OM&R or the NNN segments and focuses on monitoring revenues and NOI because a significant majority or all of the property-level operating expenses are recovered from the tenants.</span></div>

<div style="text-indent:36pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Summary information by reportable segment is as follows (dollars in thousands):</span></div><div style="text-indent:36pt"><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.579%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31, 2026</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">SHOP</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">OM&R</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">NNN</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Non-Segment</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Revenues</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Rental income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,104 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">353,175 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Resident fees and services</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management revenues</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">800 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,611 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,411 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income from loans and investments</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,069 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,069 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,904 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,179 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,656,944 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,292,790 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">230,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">123,071 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,179 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,656,944 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Less:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Labor </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">513,961 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">513,961 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Management fees</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">67,563 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">67,563 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other segment expenses </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">336,808 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">80,301 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,901 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">420,010 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Property-level operating expenses</span></div></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">918,332 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">80,301 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,901 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,001,534 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management expenses</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,833</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,833 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">NOI</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">374,458 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">150,603 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">120,170 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">5,847 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">651,078 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">2,499 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(156,142)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Depreciation and amortization</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(382,468)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">General, administrative and professional fees</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(62,746)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss on extinguishment of debt, net</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(449)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Transaction, transition and restructuring costs</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(6,659)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other expense</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(9,700)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss from unconsolidated entities</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(7,350)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Gain on real estate dispositions</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">15,046 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income tax benefit</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">15,937 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">59,046 </span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to noncontrolling interests</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,134 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">55,912 </span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Labor expense primarily includes salaries, benefits and related taxes.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other segment expenses include:</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">SHOP — food, utilities, real estate taxes, insurance, repairs and maintenance, marketing, supplies and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">OM&R — utilities, real estate taxes, insurance, repairs and maintenance, cleaning, roads and grounds expense and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">NNN — real estate taxes and insurance.</span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The CODM does not regularly receive significant expense details for the OM&R or the NNN segments and focuses on monitoring revenues and NOI because a significant majority or all of the property-level operating expenses are recovered from the tenants.</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.579%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">For the Three Months Ended March 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">SHOP</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">OM&R</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">NNN</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Non-Segment</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Revenues</span></div></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Rental income</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,319 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">377,432 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Resident fees and services</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management revenues</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">680 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,656 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,336 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income from loans and investments</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,324 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">4,324 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,999 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">11,058 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,358,074 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Total revenues</span></div></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">968,904 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">221,999 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">156,113 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">11,058 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,358,074 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Less:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Labor </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">392,624 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">392,624 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Management fees</span></div></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">50,611 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">50,611 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:12.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other segment expenses </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:130%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">261,165 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">75,957 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,527 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">340,649 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Property-level operating expenses</span></div></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">704,400 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">75,957 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,527 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">783,884 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Third-party capital management expenses</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">— </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,825 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,825 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:11.25pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">NOI</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">264,504 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">146,042 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">152,586 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">6,155 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">569,287 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest and other income</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">3,078 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Interest expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(149,356)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Depreciation and amortization</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(321,525)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">General, administrative and professional fees</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(53,149)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Transaction, transition and restructuring costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(5,982)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Other expense</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(1,412)</span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Loss from unconsolidated entities</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">(3,311)</span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Gain on real estate dispositions</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">169 </span></div></td><td style="background-color:#e6eff6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Income tax benefit</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">10,557 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">48,356 </span></div></td><td style="background-color:#e6eff6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to noncontrolling interests</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">1,488 </span></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#e6eff6;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Net income attributable to common stockholders</span></div></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eff6;padding:0 1pt"></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">$</span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:130%">46,868 </span></div></td><td style="background-color:#e6eff6;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Labor expense primarily includes salaries, benefits and related taxes.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other segment expenses include:</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">SHOP — food, utilities, real estate taxes, insurance, repairs and maintenance, marketing, supplies and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">OM&R — utilities, real estate taxes, insurance, repairs and maintenance, cleaning, roads and grounds expense and other expenses.</span></div><div style="padding-left:32.4pt;text-align:justify;text-indent:-10.8pt"><span style="color:#75a1ba;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.3pt">NNN — real estate taxes and insurance.</span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Avenir Next LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The CODM does not regularly receive significant expense details for the OM&R or the NNN segments and focuses on monitoring revenues and NOI because a significant majority or all of the property-level operating expenses are recovered from the tenants.</span></div>

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