Segment Reporting - Schedule of Reconciliation of Net income to Net operating Income (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Segment Reporting [Abstract] | |||
| Total operating income | $ 401,770 | $ 412,592 | $ 399,205 |
| Add: | |||
| Gain on disposition of properties | 35,018 | 13,302 | 26,764 |
| Third-party management and other fees | 1,483 | 1,170 | 1,351 |
| Interest income | 8,748 | 21,298 | 15,136 |
| Less: | |||
| General and administrative expenses | (72,842) | (70,234) | (63,939) |
| Depreciation and amortization | (194,762) | (184,818) | (189,911) |
| Interest expense | (103,133) | (105,239) | (101,484) |
| Interest expense associated with property in receivership | (647) | (4,471) | 0 |
| Loss on early extinguishment of debt | (97) | (553) | 0 |
| Income before income taxes | $ 75,538 | $ 83,047 | $ 87,122 |
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- Definition Interest Expense, Nonoperating, Excluding Property In Receivership No definition available.
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- Definition Interest Expense, Nonoperating, Property In Receivership' No definition available.
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- Definition Segment Operating Income (Loss) No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of revenue derived from managing real estate properties. No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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