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, 2023
Dec. 31, 2022
Dec. 31, 2021
Rental Properties      
Balance at beginning of year $ 4,046,122 $ 4,076,866 $ 4,638,643
Additions 25,661 845,900 1,002,342
Sales and assets held-for-sale (608,276) (747,407) (1,522,994)
Impairments (72,019) (129,237) (27,547)
Retirements/disposals 0 0 (13,578)
Balance at end of year 3,391,488 4,046,122 4,076,866
Accumulated Depreciation      
Balance at beginning of year 631,910 583,416 656,331
Depreciation expense 94,590 102,476 102,062
Sales and assets held-for-sale (243,217) (28,924) (159,541)
Impairments (39,502) (25,058) (1,858)
Retirements/disposals 0 0 (13,578)
Balance at end of year $ 443,781 $ 631,910 $ 583,416