Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets
Land	$ 1,716,273	$ 1,349,594
Buildings and improvements	10,674,619	8,624,734
Real estate assets, at cost, total	12,390,892	9,974,328
Accumulated depreciation	(3,848,111)	(3,358,027)
Net operating real estate assets	8,542,781	6,616,301
Properties under development, including land	524,981	474,739
Investments in joint ventures	0	13,730
Total real estate assets	9,067,762	7,104,770
Accounts receivable – affiliates	13,364	18,664
Other assets, net	229,371	234,370
Cash and cash equivalents	10,687	613,391
Restricted cash	6,751	5,589
Total assets	9,327,935	7,976,784
Liabilities
Unsecured notes payable	3,165,924	3,170,367
Secured Debt	514,989	0
Accounts payable and accrued expenses	211,370	191,651
Accrued real estate taxes	95,551	66,673
Distributions payable	103,628	88,786
Other liabilities	179,552	193,052
Total liabilities	4,271,014	3,710,529
Commitments and contingencies (Note 14)
Equity
Common shares of beneficial interest; $0.01 par value per share; 175,000 shares authorized; 117,734 and 114,668 issued; 115,636 and 112,578 outstanding at December 31, 2022 and 2021, respectively	1,156	1,126
Additional paid-in capital	5,897,454	5,363,530
Distributions in excess of net income attributable to common shareholders	(581,532)	(829,453)
Treasury shares, at cost (9,090 and 9,236 common shares, at December 31, 2022 and 2021, respectively)	(328,684)	(333,974)
Accumulated other comprehensive loss	(1,774)	(3,739)
Total common equity	4,986,620	4,197,490
Non-controlling interests	70,301	68,765
Total equity	5,056,921	4,266,255
Total liabilities and equity	$ 9,327,935	$ 7,976,784