Quarterly report [Sections 13 or 15(d)]

Properties, Net

v3.25.2
Properties, Net
6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Properties, Net Properties, Net
 
Operating properties, net consisted of the following (in thousands): 
June 30,
2025
December 31,
2024
Land $ 495,523  $ 495,707 
Buildings and improvements 4,472,185  4,395,063 
Less: Accumulated depreciation (1,608,032) (1,537,293)
Operating properties, net $ 3,359,676  $ 3,353,477