HPI - Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Real estate assets, at cost:
Land	$ 636,317	$ 609,177
Buildings and tenant improvements	6,450,630	6,144,697
Development in-process	0	6,248
Land held for development	198,256	214,149
Total real estate assets	7,285,203	6,974,271
Less-accumulated depreciation	(1,955,094)	(1,902,276)
Net real estate assets	5,330,109	5,071,995
Real estate and other assets, net, held for sale	0	23,201
Cash and cash equivalents	32,423	27,358
Restricted cash	20,210	15,691
Accounts receivable	29,790	28,263
Mortgages and notes receivable	12,231	12,228
Accrued straight-line rents receivable	325,636	318,024
Investments in and advances to unconsolidated affiliates	495,261	471,580
Deferred leasing costs, net of accumulated amortization of $176,466 and $169,972, respectively	289,131	244,258
Prepaid expenses and other assets, net of accumulated depreciation of $26,410 and $25,144, respectively	62,110	61,240
Total Assets	6,596,901	6,273,838
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity:
Mortgages and notes payable, net	3,703,498	3,554,178
Accounts payable, accrued expenses and other liabilities	279,360	284,006
Total Liabilities	3,982,858	3,838,184
Commitments and contingencies
Noncontrolling interests in the Operating Partnership	43,189	52,777
Equity:
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 26,691 and 28,811 shares issued and outstanding, respectively	26,631	26,691
Common Stock, $.01 par value, 200,000,000 authorized shares; 109,553,557 and 107,623,777 shares issued and outstanding, respectively	1,103	1,099
Additional paid-in capital	3,237,704	3,223,767
Distributions in excess of net income available for common stockholders	(893,681)	(870,083)
Accumulated other comprehensive loss	(2,557)	(2,494)
Total Stockholders’ Equity	2,369,200	2,378,980
Noncontrolling interests in consolidated affiliates	201,654	3,897
Total Equity/Capital	2,570,854	2,382,877
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	$ 6,596,901	$ 6,273,838

As of the balance sheet date: carrying value of obligations incurred and payable pertaining to goods and services received from vendors; and for statutory costs, are incurred in connection with contractual obligations, or accumulate over time and for which invoices haven't been received or rendered; and carrying amount of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes.

No definition available.