CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 305,032
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	225,695
Amortization of deferred financing costs	1,918
Amortization of discounts and premiums on debt	1,267
Amortization of deferred settlements on derivative instruments	608
Amortization of right-of-use assets	3,231
Write-off of pursuit costs	548
(Income) loss from investments in unconsolidated entities	1,698
Distributions from unconsolidated entities – return on capital	159
Net (gain) loss on sales of real estate properties	(188,185)
Unrealized (gain) loss on investment securities	(7,061)
Compensation paid with Company Common Shares	9,469
Changes in assets and liabilities:
(Increase) decrease in other assets	22,737
Increase (decrease) in accounts payable and accrued expenses	54,289
Increase (decrease) in accrued interest payable	(16,526)
Increase (decrease) in lease liabilities	(499)
Increase (decrease) in other liabilities	7,011
Increase (decrease) in security deposits	(360)
Net cash provided by operating activities	421,031
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in real estate – acquisitions	(837)
Investment in real estate – development/other	(25,491)
Capital expenditures to real estate	(73,520)
Non-real estate capital additions	(534)
Interest capitalized for real estate and unconsolidated entities under development	(3,150)
Proceeds from disposition of real estate, net	247,334
Investments in unconsolidated entities - development/other	(7,812)
Distributions from unconsolidated entities – return of capital	16
Net cash provided by (used for) investing activities	136,006
Mortgage notes payable, net:
Proceeds	0
Lump sum payoffs	0
Line of credit and commercial paper:
Commercial paper proceeds	1,186,790
Commercial paper repayments	(1,370,000)
Finance ground lease principal payments	(719)
Proceeds from Employee Share Purchase Plan (ESPP)	1,644
Proceeds from exercise of options	4,401
Common Shares repurchased and retired	(38,474)
Redemption of Preferred Shares	(20,125)
Premium on redemption of Preferred Shares	(1,444)
Other financing activities, net	(7)
Contributions – Noncontrolling Interests – Partially Owned Properties	235
Contributions – Noncontrolling Interests – Operating Partnership	2
Distributions:
Common Shares	(251,334)
Preferred Shares	(964)
Noncontrolling Interests – Operating Partnership	(8,154)
Noncontrolling Interests – Partially Owned Properties	(2,323)
Net cash provided by (used for) financing activities	(500,472)
Net increase (decrease) in cash and cash equivalents and restricted deposits	56,565
Cash and cash equivalents and restricted deposits, beginning of period	139,995
Cash and cash equivalents and restricted deposits, end of period	196,560
Cash and cash equivalents	44,535
Restricted deposits	152,025
SUPPLEMENTAL INFORMATION:
Cash paid for interest, net of amounts capitalized	77,149
Net cash paid (received) for income and other taxes	410
Amortization of deferred financing costs:
Other assets	696
Mortgage notes payable, net	262
Notes, net	960
Amortization of discounts and premiums on debt:
Mortgage notes payable, net	706
Notes, net	561
Amortization of deferred settlements on derivative instruments:
Other liabilities	(2)
Accumulated other comprehensive income	610
Write-off of pursuit costs:
Investment in real estate, net	128
Investments in unconsolidated entities	355
Other assets	65
(Income) loss from investments in unconsolidated entities:
Investments in unconsolidated entities	1,390
Other liabilities	308
Interest capitalized for real estate and unconsolidated entities under development:
Investment in real estate, net	1,159
Investments in unconsolidated entities	(1,991)
Investments in unconsolidated entities - development/other:
Investments in unconsolidated entities	(7,152)
Other liabilities	(660)
Non-cash change in Supplemental Executive Retirement Plan (SERP) balances:
Other assets	4,561
Other liabilities	4,334
Paid in capital	$ (227)