XML 54 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Co-investments - Combined Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Equity Method Investment, Financial Statement, Reported Amounts [Abstract]                
Rental properties and real estate under development $ 208,330   $ 208,330     $ 386,047    
Total assets 12,747,199   12,747,199     12,936,177    
Debt 6,575,470   6,575,470     6,720,746    
Other liabilities 38,068   38,068     39,140    
Equity 6,136,703 $ 6,352,881 6,136,703 $ 6,352,881 $ 6,210,931 6,183,192 $ 6,417,949 $ 6,403,504
Total liabilities and equity/capital 12,747,199   12,747,199     12,936,177    
Equity Method Investment, Summarized Financial Information [Abstract]                
Property revenues 350,978 370,497 706,103 762,864        
Interest expense (50,971) (54,447) (102,620) (109,594)        
General and administrative (12,222) (14,952) (22,034) (28,934)        
Net income 69,615 90,076 246,564 418,841        
Total co-investment | Affiliated Entity                
Equity Method Investment, Summarized Financial Information [Abstract]                
Company's share of net income 2,300 2,100 4,600 4,200        
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Total co-investment                
Equity Method Investment, Financial Statement, Reported Amounts [Abstract]                
Rental properties and real estate under development 4,082,553   4,082,553     4,242,611    
Other assets 225,482   225,482     200,777    
Total assets 4,308,035   4,308,035     4,443,388    
Debt 2,529,501   2,529,501     2,611,365    
Other liabilities 195,048   195,048     189,515    
Equity 1,583,486   1,583,486     1,642,508    
Total liabilities and equity/capital 4,308,035   4,308,035     4,443,388    
Company's share of equity 1,037,270   1,037,270     $ 1,018,010    
Equity Method Investment, Summarized Financial Information [Abstract]                
Property revenues 68,405 72,175 140,164 149,544        
Property operating expenses (27,013) (25,859) (54,344) (51,574)        
Net operating income 41,392 46,316 85,820 97,970        
Interest expense (15,965) (19,478) (32,665) (40,331)        
General and administrative (4,029) (3,392) (8,310) (7,475)        
Depreciation and amortization (31,813) (28,778) (64,522) (57,215)        
Net income (10,415) (5,332) (19,677) (7,051)        
Company's share of net income $ 18,248 $ 17,257 $ 35,259 $ 38,554