Real estate under development (net of accumulated depreciation of 0 and 0, respectively)
147,617
91,742
72,885
52,749
Real estate held for disposition (net of accumulated depreciation of 79,664 and 0, respectively)
54,384
-
-
-
Total real estate owned, net of accumulated depreciation
8,877,058
8,830,212
9,113,339
9,081,099
Cash and cash equivalents
1,193
1,300
1,222
1,194
Restricted cash
34,936
33,498
35,710
35,052
Notes receivable, net
171,667
153,564
149,979
146,749
Investment in and advances to unconsolidated joint ventures, net
728,837
757,689
886,492
911,575
Operating lease right-of-use assets
185,647
186,641
187,624
184,172
Other assets
266,010
370,870
231,308
242,071
Total assets
10,265,348
10,333,774
10,605,674
10,601,912
Secured debt, net
933,063
959,597
961,180
1,090,305
Unsecured debt, net
4,880,769
4,703,719
4,860,189
4,743,864
Operating lease liabilities
181,016
181,995
182,963
179,496
Real estate taxes payable
41,847
35,378
45,640
67,728
Accrued interest payable
51,419
27,817
51,698
28,415
Security deposits and prepaid rent
58,473
59,557
61,205
60,563
Distributions payable
150,913
152,871
151,934
153,784
Accounts payable, accrued expenses, and other liabilities
128,549
107,072
142,102
126,329
Total liabilities
6,426,049
6,228,006
6,456,911
6,450,484
Redeemable noncontrolling interests in the operating partnership and downreit partnership
900,280
819,753
859,966
876,127
Preferred stock, no par value 50,000,000 shares authorized at june 30, 2026 and december 31, 2025 8.00 series e cumulative convertible 2,600,678 and 2,600,678 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively, series f 9,778,769 and 10,105,845 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively-Series EPreferred Stock
43,192
43,192
43,192
43,192
Preferred stock, no par value 50,000,000 shares authorized at june 30, 2026 and december 31, 2025 8.00 series e cumulative convertible 2,600,678 and 2,600,678 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively, series f 9,778,769 and 10,105,845 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively-Series FPreferred Stock
1
1
1
1
Common stock, 0.01 par value 450,000,000 shares authorized at june 30, 2026 and december 31, 2025 321,266,356 and 328,273,044 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
3,213
3,259
3,283
3,308
Additional paid-in capital
7,216,484
7,384,029
7,480,594
7,565,518
Distributions in excess of net income
4,327,138
4,147,206
4,240,268
4,338,985
Accumulated other comprehensive income/(loss), net
2,931
2,405
1,660
1,932
Total stockholders' equity
2,938,683
3,285,680
3,288,462
3,274,966
Noncontrolling interests
336
335
335
335
Total equity
2,939,019
3,286,015
3,288,797
3,275,301
Total liabilities and equity
10,265,348
10,333,774
10,605,674
10,601,912
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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