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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Real estate assets:    
Operating properties, net of accumulated depreciation of $1,329,406 and $1,079,662 in 2023 and 2022, respectively $ 6,775,093 $ 6,738,354
Projects under development 132,884 111,400
Land 154,728 158,430
Total properties 7,062,705 7,008,184
Cash and cash equivalents 6,047 5,145
Accounts receivable 11,109 8,653
Deferred rents receivable 209,370 184,043
Investment in unconsolidated joint ventures 143,831 112,839
Intangible assets, net 110,667 136,240
Other assets, net 90,745 81,912
Total assets 7,634,474 7,537,016
Liabilities:    
Notes payable 2,457,627 2,334,606
Accounts payable and accrued expenses 299,767 271,103
Deferred income 181,744 128,636
Intangible liabilities, net 42,193 52,280
Other liabilities 104,830 103,442
Total liabilities 3,086,161 2,890,067
Commitments and contingencies
Stockholders' investment:    
Common stock, $1 par value per share, 300,000,000 shares authorized, 154,335,798 and 154,019,214 issued, and 151,799,215 and 151,457,190 outstanding in 2023 and 2022, respectively 154,336 154,019
Additional paid-in capital 5,638,709 5,630,327
Treasury stock at cost, 2,536,583 and 2,562,024 shares in 2023 and 2022, respectively (145,696) (147,157)
Distributions in excess of cumulative net income (1,125,390) (1,013,292)
Accumulated other comprehensive income 2,192 1,767
Total stockholders' investment 4,524,151 4,625,664
Nonredeemable noncontrolling interests 24,162 21,285
Total equity 4,548,313 4,646,949
Total liabilities and equity $ 7,634,474 $ 7,537,016