
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Investment properties, at cost: | $7.00B-8.3% | $7.63B-1.4% | $7.74B+0.1% | $7.73B |
| Less: accumulated depreciation | -$1.66B-4.3% | -$1.59B-14.9% | -$1.38B-19.0% | -$1.16B |
| Net investment properties | $5.35B-11.6% | $6.05B-4.9% | $6.36B-3.2% | $6.57B |
| Cash and cash equivalents | $36.8M-71.3% | $128.1M+251.7% | $36.4M-68.6% | $115.8M |
| Tenant and other receivables, including accrued straight-line rent of $70,940 and $67,377, respectively | $127.9M+1.7% | $125.8M+11.0% | $113.3M+11.8% | $101.3M |
| Restricted cash and escrow deposits | $441.6M+8278.0% | $5.3M+5.1% | $5.0M-18.7% | $6.2M |
| Deferred costs, net | $181.6M-23.8% | $238.2M-21.7% | $304.2M-25.8% | $409.8M |
| Short-term deposits | $0-100.0% | $350.0M | $0 | — |
| Prepaid and other assets | $93.9M-10.2% | $104.6M-11.2% | $117.8M-7.2% | $127.0M |
| Investments in unconsolidated subsidiaries | $364.4M+1767.7% | $19.5M+115.3% | $9.1M-13.0% | $10.4M |
| Assets associated with investment properties held for sale | $71.1M-3.6% | $73.8M | $0 | — |
| Total assets | $6.66B-6.0% | $7.09B+2.1% | $6.94B-5.4% | $7.34B |
| Mortgage and other indebtedness, net | $3.03B-6.2% | $3.23B+14.1% | $2.83B-6.0% | $3.01B |
| Accounts payable and accrued expenses | $221.1M+9.1% | $202.7M+2.3% | $198.1M-4.7% | $207.8M |
| Deferred revenue and other liabilities | $221.8M-9.9% | $246.1M-9.8% | $272.9M-8.4% | $298.0M |
| Liabilities associated with investment properties held for sale | $4.3M+7.6% | $4.0M | $0 | — |
| Total liabilities | $3.47B-5.6% | $3.68B+11.5% | $3.30B-6.1% | $3.52B |
| Limited Partners’ interests in the Operating Partnership | $116.2M+18.5% | $98.1M+33.8% | $73.3M+35.8% | $54.0M |
| Common shares, $0.01 par value, 490,000,000 shares authorized, 208,979,900 and 219,667,067 shares issued and outstanding at December 31, 2025 and 2024, respectively | $2.1M-4.9% | $2.2M+0.1% | $2.2M+0.1% | $2.2M |
| Additional paid-in capital | $4.61B-5.3% | $4.87B-0.4% | $4.89B-0.2% | $4.90B |
| Accumulated other comprehensive income | $23.1M-37.0% | $36.6M-30.2% | $52.4M-29.5% | $74.3M |
| Accumulated deficit | -$1.56B+2.0% | -$1.60B-16.2% | -$1.37B-13.7% | -$1.21B |
| Total shareholders’ equity | $3.07B-7.2% | $3.31B-7.2% | $3.57B-5.3% | $3.77B |
| Noncontrolling interests | $1.9M+1.4% | $1.9M-22.1% | $2.4M-54.7% | $5.4M |
| Total equity | $3.08B-7.2% | $3.31B-7.2% | $3.57B-5.3% | $3.77B |
| Total liabilities and equity | $6.66B-6.0% | $7.09B+2.1% | $6.94B-5.4% | $7.34B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.