Buildings and improvements, net of accumulated depreciation of 1,213,281 and 1,119,931, respectively
5,818,778
5,617,747
5,593,471
5,396,280
Deferred leasing intangibles, net of accumulated amortization of 458,083 and 425,502, respectively
401,767
383,337
394,967
381,714
Total rental property, net
7,069,359
6,816,671
6,800,007
6,571,158
Cash and cash equivalents
65,886
8,856
14,910
17,319
Restricted cash
670
30,298
85,973
1,110
Tenant accounts receivable
161,064
161,353
156,458
144,996
Prepaid expenses and other assets
115,064
111,143
104,484
109,705
Interest rate swaps
19,191
15,578
13,529
16,945
Operating lease right-of-use assets
31,596
32,155
32,708
29,756
Assets held for sale, net
14,165
7,512
-
6,091
Total assets
7,476,995
7,183,566
7,208,069
6,897,080
Unsecured credit facility
449,000
200,000
262,000
110,000
Unsecured term loans, net
1,021,854
1,021,630
1,021,341
1,021,045
Unsecured notes, net
1,967,768
1,967,381
1,966,994
1,966,606
Mortgage note, net
3,870
3,926
3,980
4,035
Accounts payable, accrued expenses and other liabilities
129,600
127,629
135,397
154,515
Interest rate swaps
2
460
1,310
1,271
Tenant prepaid rent and security deposits
59,754
62,546
59,225
55,065
Dividends and distributions payable
76,239
75,631
24,187
23,669
Deferred leasing intangibles, net of accumulated amortization of 34,309 and 34,098, respectively
23,616
23,597
25,566
26,879
Operating lease liabilities
36,037
36,542
37,040
34,039
Total liabilities
3,767,740
3,519,342
3,537,040
3,397,124
Preferred stock
0
0
-
0
Common stock, par value 0.01 per share, 300,000,000 shares authorized at june30, 2026 and december31, 2025, 192,803,274 and 191,005,261 shares issued and outstanding at june30, 2026 and december31, 2025, respectively
1,928
1,912
1,910
1,867
Additional paid-in capital
4,679,282
4,616,147
4,616,888
4,456,453
Cumulative dividends in excess of earnings
-1,068,884
-1,047,089
-1,034,954
-1,048,331
Accumulated other comprehensive income
18,690
14,697
11,853
15,236
Total stockholders equity
3,631,016
3,585,667
3,595,697
3,425,225
Noncontrolling interest in operating partnership
74,249
74,567
71,342
71,078
Noncontrolling interest in joint ventures
3,990
3,990
3,990
3,653
Total equity
3,709,255
3,664,224
3,671,029
3,499,956
Total liabilities and equity
7,476,995
7,183,566
7,208,069
6,897,080
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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