Annual report pursuant to Section 13 and 15(d)

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION - Schedule of Changes in Rental Properties and Accumulated Depreciation (Details)

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REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION - Schedule of Changes in Rental Properties and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Rental Properties      
Balance at beginning of year $ 3,391,488 $ 4,046,122 $ 4,076,866
Additions 26,269 25,661 845,900
Sales and assets held-for-sale (194,061) (608,276) (747,407)
Impairments (2,619) (72,019) (129,237)
Retirements/disposals (824) 0 0
Balance at end of year 3,220,252 3,391,488 4,046,122
Accumulated Depreciation      
Balance at beginning of year 443,781 631,910 583,416
Depreciation expense 82,550 94,590 102,476
Sales and assets held-for-sale (92,976) (243,217) (28,924)
Impairments 0 (39,502) (25,058)
Retirements/disposals (824) 0 0
Balance at end of year $ 432,531 $ 443,781 $ 631,910