SECURED AND UNSECURED DEBT, NET - Unsecured Maturities (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Dec. 31, 2023 |
|
| Aggregate maturities of unsecured debt | |||||
| 2024 | $ 542,019 | $ 542,019 | |||
| 2025 | 179,880 | 179,880 | |||
| 2026 | 356,672 | 356,672 | |||
| 2027 | 656,939 | 656,939 | |||
| 2028 | 466,526 | 466,526 | |||
| 2029 | 615,811 | 615,811 | |||
| 2030 | 830,597 | 830,597 | |||
| 2031 | 760,930 | 760,930 | |||
| 2032 | 427,000 | 427,000 | |||
| 2033 | 650,000 | 650,000 | |||
| Thereafter | 300,000 | 300,000 | |||
| Subtotal | 5,786,374 | 5,786,374 | |||
| Non-cash | (10,238) | (10,238) | |||
| Total | 5,776,136 | 5,776,136 | $ 5,798,709 | ||
| Interest expense | |||||
| Aggregate maturities of unsecured debt | |||||
| Amortization of financing costs | 1,300 | $ 1,000 | 2,500 | $ 1,900 | |
| Secured Debt | |||||
| Aggregate maturities of unsecured debt | |||||
| 2024 | 96,375 | 96,375 | |||
| 2025 | 178,323 | 178,323 | |||
| 2026 | 56,672 | 56,672 | |||
| 2027 | 6,939 | 6,939 | |||
| 2028 | 166,526 | 166,526 | |||
| 2029 | 315,811 | 315,811 | |||
| 2030 | 230,597 | 230,597 | |||
| 2031 | 160,930 | 160,930 | |||
| 2032 | 27,000 | 27,000 | |||
| Subtotal | 1,239,173 | 1,239,173 | |||
| Non-cash | (3,425) | (3,425) | |||
| Total | 1,235,748 | 1,235,748 | 1,277,713 | ||
| Secured Debt | Fixed Rate Debt | |||||
| Aggregate maturities of unsecured debt | |||||
| 2024 | 96,375 | 96,375 | |||
| 2025 | 178,323 | 178,323 | |||
| 2026 | 56,672 | 56,672 | |||
| 2027 | 6,939 | 6,939 | |||
| 2028 | 166,526 | 166,526 | |||
| 2029 | 315,811 | 315,811 | |||
| 2030 | 230,597 | 230,597 | |||
| 2031 | 160,930 | 160,930 | |||
| Subtotal | 1,212,173 | 1,212,173 | |||
| Non-cash | (3,383) | (3,383) | |||
| Total | 1,208,790 | 1,208,790 | 1,210,742 | ||
| Secured Debt | Variable Rate Debt | |||||
| Aggregate maturities of unsecured debt | |||||
| 2032 | 27,000 | 27,000 | |||
| Subtotal | 27,000 | 27,000 | |||
| Non-cash | (42) | (42) | |||
| Total | 26,958 | 26,958 | 66,971 | ||
| Unsecured Debt | |||||
| Aggregate maturities of unsecured debt | |||||
| 2024 | 445,644 | 445,644 | |||
| 2025 | 1,557 | 1,557 | |||
| 2026 | 300,000 | 300,000 | |||
| 2027 | 650,000 | 650,000 | |||
| 2028 | 300,000 | 300,000 | |||
| 2029 | 300,000 | 300,000 | |||
| 2030 | 600,000 | 600,000 | |||
| 2031 | 600,000 | 600,000 | |||
| 2032 | 400,000 | 400,000 | |||
| 2033 | 650,000 | 650,000 | |||
| Thereafter | 300,000 | 300,000 | |||
| Subtotal | 4,547,201 | 4,547,201 | |||
| Non-cash | (6,813) | (6,813) | |||
| Total | $ 4,540,388 | $ 4,540,388 | $ 4,520,996 | ||