Annual report pursuant to Section 13 and 15(d)

NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)

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NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2024
Noncontrolling Interest [Abstract]  
Schedule of Changes in Noncontrolling Interests of Subsidiaries
The following table sets forth the changes in noncontrolling interests in subsidiaries which relate to the common units and LTIP Units in the Operating Partnership for the years ended December 31, 2024, 2023 and 2022:
Common Units/
Vested LTIP Units
Unvested LTIP
Units
Balance at January 1, 2022 9,013,534 1,246,752
Redemption of common units for shares of common stock (11,508)
Redemption of common units (110,084)
Conversion of vested LTIP Units to common units 228,579
Vested LTIP Units 181,000 (409,579)
Cancellation of units (279,089)
Balance at December 31, 2022 9,301,521 558,084
Redemption of common units for shares of common stock (820,540)
Redemption of common units (9,229)
Conversion of vested LTIP Units to common units 452,328  
Vested LTIP Units (231,519) (220,809)
Cancellation of units (335,392)
Balance at December 31, 2023 8,692,561 1,883
Redemption of common units for shares of common stock (22,197)
Vested LTIP Units 1,883 (1,883)
Balance at December 31, 2024 8,672,247