Quarterly report [Sections 13 or 15(d)]

Properties, Net

v3.25.1
Properties, Net
3 Months Ended
Mar. 31, 2025
Real Estate [Abstract]  
Properties, Net Properties, Net
 
Operating properties, net consisted of the following (in thousands): 
March 31,
2025
December 31,
2024
Land $ 495,707  $ 495,707 
Buildings and improvements 4,420,056  4,395,063 
Less: Accumulated depreciation (1,572,422) (1,537,293)
Operating properties, net $ 3,343,341  $ 3,353,477