7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 
      
                                                                       
      assets
                                                                       
      real estate owned:
                                                                       
      real estate held for investment
    16,348,713,000 16,270,190,000 16,022,078,000 15,994,794,000 16,152,262,000 16,070,591,000 15,865,033,000 15,757,456,000 15,779,481,000 15,340,416,000 15,565,915,000 15,365,928,000 15,075,552,000 14,872,687,000 14,374,944,000 14,352,234,000 13,902,872,000 13,325,599,000 12,852,700,000 12,706,940,000 12,533,801,000 12,643,851,000 12,608,022,000 12,532,324,000 11,542,550,000 11,011,516,000 9,000,652,000 9,053,599,000 8,162,463,000 8,332,634,000 8,256,995,000 8,205,627,000 8,106,684,000 7,957,185,000 8,075,799,000 7,582,981,000 7,729,300,000 7,564,780,000 7,495,985,000 7,479,239,000 7,372,080,000 7,825,725,000 7,988,133,000 7,141,505,000 6,542,227,000 6,783,435,000 6,758,458,000 6,251,365,000 6,115,026,000 5,995,290,000 5,835,852,000 5,720,069,000 5,693,789,000 5,644,930,000 5,555,281,000 4,977,957,000 4,757,850,000 4,131,881,000 5,536,554,000 5,480,288,000 5,642,942,000 5,559,156,000 5,414,298,000 5,372,252,000 5,275,689,000 5,360,106,000 5,215,424,000 
      less: accumulated depreciation
    -7,320,363,000 -7,157,371,000 -6,996,685,000 -6,836,920,000 -6,739,674,000 -6,572,743,000 -6,407,092,000 -6,242,686,000 -6,117,312,000 -5,951,557,000 -5,926,651,000 -5,762,205,000 -5,594,600,000 -5,443,351,000 -5,288,902,000 -5,136,589,000 -4,983,109,000 -4,871,124,000 -4,729,702,000 -4,590,577,000 -4,467,108,000 -4,372,321,000 -4,231,269,000 -4,131,330,000 -4,000,608,000 -3,878,897,000 -2,743,461,000 -2,646,044,000 -2,557,490,000 -2,557,949,000 -2,521,958,000 -2,434,772,000 -2,378,520,000 -2,290,008,000 -2,273,360,000 -2,070,403,000 -2,006,349,000 -1,923,429,000 -1,842,520,000 -1,769,530,000 -1,687,908,000 -1,831,157,000 -1,794,150,000 -1,726,258,000 -1,647,033,000 -1,638,326,000 -1,560,239,000 -1,488,706,000 -1,414,593,000 -1,350,067,000 -1,284,227,000 -1,214,447,000 -1,146,487,000 -1,078,637,000 -999,679,000 -935,369,000 -874,645,000 -822,831,000 -1,368,335,000 -1,308,407,000 -1,300,634,000 -1,238,392,000 -1,164,077,000   -1,123,119,000  
      real estate under development
    52,749,000 41,108,000 33,535,000    126,144,000 160,220,000 139,143,000 108,432,000 76,455,000 189,809,000 366,200,000 399,029,000 457,160,000 388,062,000 331,200,000 286,543,000 242,881,000 246,867,000 197,313,000 131,585,000 95,245,000 69,754,000 21,845,000  196,402,000 124,072,000 104,080,000 92,645,000 196,511,000 177,632,000 321,094,000 275,819,000 222,601,000 432,461,000 451,683,000 489,795,000 355,465,000 282,006,000 225,817,000 248,176,000 192,815,000 157,301,000 112,537,000 97,912,000 94,249,000 153,208,000 237,923,000 318,531,000 232,957,000 248,335,000 209,040,000 186,771,000 121,557,000 327,564,000 349,454,000 345,037,000 320,898,000 258,429,000 177,463,000 203,786,000 161,580,000 202,972,000 129,235,000 117,328,000 102,982,000 
      real estate held for disposition
       154,463,000    81,039,000    14,039,000 15,019,000    39,065,000   102,876,000 84,243,000  73,529,000    31,744,000 11,775,000 116,420,000     54,533,000           192,540,000          39,000,000 45,019,000 55,436,000 926,695,000 41,298,000 213,459,000 75,866,000 41,845,000 139,049,000 170,452,000 123,038,000 34,280,000 51,669,000 
      total real estate owned, net of accumulated depreciation
    9,081,099,000 9,153,927,000 9,058,928,000 9,312,337,000 9,412,588,000 9,497,848,000 9,584,085,000 9,756,029,000 9,801,312,000 9,497,291,000 9,715,719,000 9,807,571,000 9,862,171,000 9,828,365,000 9,543,202,000 9,603,707,000 9,290,028,000 8,741,018,000 8,365,879,000 8,466,106,000 8,348,249,000 8,403,115,000 8,545,527,000 8,470,748,000 7,563,787,000 7,132,619,000 6,485,337,000 6,543,402,000 5,825,473,000 5,867,330,000 5,931,548,000 5,948,487,000 6,049,258,000 5,997,529,000 6,035,192,000 5,945,039,000 6,174,634,000 6,131,146,000 6,008,930,000 5,991,715,000 6,189,374,000 6,242,744,000 6,423,164,000 5,572,548,000 5,200,271,000 5,243,021,000 5,292,468,000 4,915,867,000 4,938,356,000 4,963,754,000 4,784,582,000 4,753,957,000 4,756,342,000 4,753,064,000 4,716,159,000 4,415,171,000 4,288,095,000 4,580,782,000 4,530,415,000 4,643,769,000 4,595,637,000 4,566,395,000 4,550,850,000 4,607,936,000 4,390,654,000 4,388,595,000 4,300,217,000 
      ​
                                                                       
      cash and cash equivalents
    1,194,000 1,532,000 1,250,000 1,326,000 2,285,000 2,770,000 2,116,000 2,922,000 1,624,000 1,544,000 1,172,000 1,193,000 1,532,000 921,000 895,000 967,000 1,063,000 3,370,000 1,172,000 1,409,000 927,000 833,000 980,000 8,106,000 1,895,000 981,000 3,668,000 6,742,000 1,321,000 2,990,000 6,274,000 15,224,000 14,605,000 26,816,000 15,891,000 9,035,000 7,121,000 12,115,000 82,377,000 184,112,000 3,558,000 12,503,000 13,482,000 21,634,000 11,692,000 9,486,000 10,107,000 8,074,000 19,920,000 5,985,000 24,954,000 4,983,000 37,132,000 12,740,000 2,861,000 1,412,000 60,187,000 3,219,000 2,353,000 2,928,000 1,676,000 2,143,000 28,748,000 6,290,000 36,336,000 15,543,000 5,480,000 
      restricted cash
    35,052,000 33,577,000 32,071,000 34,101,000 33,267,000 31,616,000 29,850,000 31,944,000 30,831,000 28,837,000 28,038,000 29,001,000 28,363,000 27,768,000 26,032,000 27,451,000 28,170,000 32,700,000 33,428,000 22,762,000 23,273,000 22,043,000 21,949,000 25,185,000 21,646,000 23,042,000 21,030,000 20,798,000 23,722,000 22,912,000 23,266,000 22,340,000 23,969,000 23,334,000 23,131,000 24,843,000 24,628,000 23,561,000 25,091,000 24,580,000 24,218,000 24,634,000 19,641,000 20,220,000 15,355,000 15,447,000 14,879,000 9,744,000 8,642,000 8,879,000 8,280,000 8,795,000 8,617,000 7,726,000 10,070,000 8,515,000 9,082,000 6,295,000 5,883,000 5,259,000 6,168,000 5,602,000 5,591,000 5,012,000 4,809,000 4,583,000 4,418,000 
      notes receivable
    146,749,000 143,492,000 365,833,000 247,849,000 280,006,000 241,842,000 235,382,000 228,825,000 209,297,000 183,629,000 71,125,000 54,707,000 40,128,000 37,548,000 26,577,000 26,860,000 25,741,000 139,047,000 155,206,000 157,992,000 156,996,000 155,956,000 151,543,000 153,650,000 37,899,000 37,494,000 16,694,000 16,694,000 15,494,000 15,494,000 15,494,000 14,369,000 18,318,000 44,248,000 84,568,000 66,700,000 66,193,000 64,006,000 63,998,000 39,409,000 13,200,000  7,800,000 7,800,000 7,800,000 7,800,000 7,800,000 7,800,000 7,800,000 7,800,000 7,300,000 7,300,000 207,300,000 207,450,000 207,450,000 224,776,000 219,807,000 12,655,000 6,500,000 6,500,000 6,500,000 10,500,000 10,000,000 13,960,000 36,120,000 64,805,000  
      investment in and advances to unconsolidated joint ventures
    911,575,000 879,781,000 919,814,000 917,483,000 966,227,000 958,943,000 954,301,000 952,934,000 963,927,000 963,253,000 751,387,000 754,446,000 761,117,000 691,864,000 669,343,000 702,461,000 643,902,000 619,172,000 620,111,000 600,233,000 646,355,000 598,058,000 588,395,000 588,262,000 791,180,000 769,000,000 944,864,000 938,906,000 921,925,000 914,815,000 763,540,000 718,226,000 650,441,000 612,688,000 517,927,000 533,335,000 461,397,000                               
      operating lease right-of-use assets
    184,172,000 185,125,000 186,066,000 186,997,000 187,918,000 188,828,000 189,729,000 190,619,000 191,499,000 192,369,000 193,230,000 194,081,000 194,923,000 195,755,000 196,578,000 197,463,000 198,339,000 199,206,000 200,064,000 200,913,000  202,586,000 203,410,000 204,225,000                                            
      other assets
    242,071,000 249,651,000 181,450,000 197,493,000 197,473,000 195,958,000 195,025,000 209,969,000 221,572,000 218,782,000 207,029,000 197,471,000 209,728,000 214,765,000 222,337,000 216,311,000 213,321,000 184,758,000 190,696,000 188,118,000 173,834,000 181,880,000 179,301,000 186,296,000 145,301,000 140,191,000 129,975,000 137,302,000 114,589,000 96,259,000 96,713,000 105,202,000 117,153,000 171,970,000 131,798,000 137,548,000 133,154,000 125,654,000 124,358,000 124,128,000 131,563,000 198,365,000 129,931,000 137,424,000 95,814,000 74,596,000 67,615,000 57,021,000 63,055,000 67,822,000 68,521,000 71,848,000 66,562,000 85,842,000 84,339,000 71,812,000 60,765,000 45,428,000 54,870,000 43,868,000 37,043,000 43,123,000 49,687,000 48,420,000 31,019,000 34,011,000 45,532,000 
      total assets
    10,601,912,000 10,647,085,000 10,745,412,000 10,897,586,000 11,079,764,000 11,117,805,000 11,190,488,000 11,373,242,000 11,420,062,000 11,085,705,000 10,967,700,000 11,038,470,000 11,097,962,000 10,996,986,000 10,684,964,000 10,775,220,000 10,400,564,000 9,919,271,000 9,566,556,000 9,637,533,000 9,551,388,000 9,564,471,000 9,691,105,000 9,636,472,000 8,697,597,000 8,197,266,000 7,601,568,000 7,663,844,000 6,922,730,000 6,939,730,000 6,858,511,000 6,846,534,000 6,898,088,000 6,932,405,000 6,834,023,000 6,743,543,000 6,890,781,000 6,888,509,000 6,910,902,000 6,972,621,000 6,942,515,000 6,721,354,000 6,804,903,000 5,961,777,000 5,501,877,000 5,529,540,000 5,477,358,000 5,079,369,000 5,115,716,000 5,132,617,000 5,010,257,000 4,970,898,000 5,185,530,000 5,144,295,000 5,100,212,000 5,036,146,000 5,070,205,000 4,801,121,000 4,674,598,000 4,803,517,000 4,744,995,000 4,675,875,000 4,682,266,000 4,718,832,000 4,530,842,000 4,541,593,000 4,480,429,000 
      liabilities and equity
                                                                       
      liabilities:
                                                                       
      secured debt
    1,090,305,000 1,136,046,000 1,137,826,000 1,139,331,000 1,140,692,000 1,235,748,000 1,236,779,000 1,277,713,000 1,238,240,000 1,049,715,000 1,051,000,000 1,052,281,000 1,053,560,000 1,054,836,000 1,056,110,000 1,057,380,000 1,058,647,000 1,059,913,000 919,177,000 862,147,000 933,087,000 1,112,870,000 1,144,201,000 1,149,441,000 600,624,000 598,389,000 1,374,670,000 1,376,945,000 1,346,992,000 1,350,439,000 1,370,673,000 1,361,529,000 1,399,372,000 1,402,731,000 1,442,873,000 1,385,034,000 1,425,663,000 1,430,135,000 1,439,762,000 1,442,361,000 1,813,942,000 1,891,553,000 2,004,525,000 1,992,401,000 1,716,241,000 1,963,670,000 2,045,810,000 1,957,406,000 1,945,065,000 1,989,434,000 1,863,127,000 1,729,290,000 1,717,244,000 1,462,471,000 1,315,075,000 1,206,817,000 1,146,532,000 910,611,000 1,213,129,000 1,254,612,000 1,207,302,000 1,182,919,000 1,161,919,000 1,167,748,000 1,122,162,000 1,116,259,000 1,110,855,000 
      unsecured debt
    4,743,864,000 4,639,537,000 4,673,383,000 4,687,634,000 4,724,571,000 4,540,388,000 4,525,549,000 4,520,996,000 4,514,582,000 4,377,497,000 4,525,963,000 4,435,022,000 4,572,802,000 4,462,398,000 4,422,900,000 4,355,407,000 4,463,792,000 4,392,194,000 4,121,998,000 4,114,401,000 3,984,559,000 3,653,934,000 3,740,937,000 3,558,083,000 3,335,273,000 3,272,200,000 2,037,155,000 2,193,850,000 2,166,242,000 2,213,964,000 2,145,996,000 2,221,576,000 2,228,820,000 2,345,063,000 2,185,373,000 2,009,689,000 2,073,444,000 1,979,198,000 1,902,953,000 1,902,707,000 2,099,462,000 2,026,817,000 1,967,661,000 1,707,185,000 1,747,236,000 1,603,834,000 1,433,860,000 1,454,252,000 1,469,013,000 1,437,155,000 1,411,919,000 1,484,659,000 1,643,177,000 1,811,576,000 2,035,454,000 2,012,727,000 2,027,800,000 2,364,740,000 2,225,498,000 2,339,752,000 2,263,361,000 2,155,866,000 2,170,924,000 2,234,118,000 2,092,003,000 2,043,518,000 1,945,672,000 
      operating lease liabilities
    179,496,000 180,433,000 181,359,000 182,275,000 183,181,000 184,076,000 184,961,000 185,836,000 186,701,000 187,556,000 188,402,000 189,238,000 190,064,000 190,881,000 191,689,000 192,488,000 193,277,000 194,058,000 194,829,000 195,592,000  197,092,000 197,829,000 198,558,000                                            
      real estate taxes payable
    67,728,000 42,507,000 36,646,000 46,403,000 68,816,000 44,333,000 37,917,000 47,107,000 68,900,000 38,945,000 35,052,000 37,681,000 61,210,000 36,791,000 32,908,000 33,095,000 55,849,000 34,146,000 32,437,000 29,946,000 49,239,000 31,952,000 33,134,000 29,445,000 42,031,000 23,919,000 16,147,000 18,786,000 32,326,000 18,263,000 21,848,000 15,978,000 29,403,000 16,543,000 20,173,000 14,586,000 11,132,000 14,076,000 26,414,000 13,087,000 16,019,000 13,397,000 28,729,000 14,525,000 17,605,000 14,585,000 28,871,000 15,215,000 16,895,000 16,976,000 32,500,000 18,665,000 19,141,000 14,035,000 28,836,000 16,246,000 15,209,000 8,808,000 40,449,000 25,119,000 21,213,000 25,557,000 37,559,000 25,023,000 21,208,000 24,672,000 36,679,000 
      accrued interest payable
    28,415,000 51,718,000 28,055,000 52,631,000 28,773,000 47,289,000 27,255,000 47,710,000 27,071,000 46,729,000 26,580,000 46,671,000 26,109,000 45,917,000 25,700,000 45,980,000 25,674,000 43,536,000 23,149,000 44,760,000 30,606,000 47,087,000 31,494,000 45,199,000 27,577,000 42,029,000 28,589,000 29,162,000 23,577,000 27,735,000 23,460,000 34,215,000 27,131,000 29,160,000 27,747,000 29,598,000 29,404,000 30,937,000 29,498,000 31,156,000 31,127,000 23,208,000 23,924,000 23,341,000 20,837,000 20,889,000 19,939,000 20,002,000 20,098,000 19,146,000 19,108,000 18,717,000 21,574,000 20,744,000 24,724,000 23,736,000 26,953,000 27,999,000 28,651,000 28,852,000 26,175,000 34,347,000 22,429,000 27,665,000 24,178,000 26,672,000 21,789,000 
      security deposits and prepaid rent
    60,563,000 51,698,000 52,266,000 61,592,000 49,727,000 49,168,000 50,187,000 50,528,000 50,571,000 56,690,000 57,738,000 51,999,000 53,693,000 53,476,000 53,021,000 55,441,000 51,631,000 49,882,000 47,968,000 49,008,000 46,861,000 45,607,000 48,474,000 48,353,000 36,382,000 35,222,000 35,995,000 36,330,000 33,879,000 33,366,000 34,624,000 34,064,000 32,710,000 30,802,000 30,731,000 26,726,000 48,448,000 42,589,000 38,737,000 35,534,000 33,482,000 35,516,000 37,685,000 30,524,000 26,965,000 26,046,000 27,037,000 24,920,000 30,223,000 31,798,000 30,771,000 30,843,000 30,165,000 28,829,000 31,141,000 28,270,000 26,729,000 21,897,000 29,471,000 26,756,000 26,782,000 25,249,000 24,836,000 25,502,000 25,331,000 26,362,000 25,077,000 
      distributions payable
    153,784,000 153,662,000 153,756,000 151,720,000 151,755,000 151,518,000 151,512,000 149,600,000 149,615,000 148,403,000 148,409,000 134,213,000 133,341,000 132,793,000 130,369,000 124,729,000 120,830,000 116,688,000 116,693,000 115,795,000 115,055,000 115,254,000 115,259,000 109,382,000 108,939,000 105,611,000 86,963,000 80,368,000 75,937,000 75,129,000 75,129,000 69,460,000 69,487,000 68,556,000 68,542,000 61,906,000 61,907,000 57,915,000 57,916,000 57,313,000 53,986,000 51,019,000 47,489,000 42,654,000 37,445,000 36,561,000 36,582,000 32,291,000 32,000,000 30,857,000 30,810,000 30,386,000 49,817,000 57,144,000 47,154,000 47,548,000 47,777,000 49,152,000 49,705,000 49,118,000 49,518,000 46,936,000 47,199,000 47,167,000 47,078,000 45,313,000 45,876,000 
      accounts payable, accrued expenses, and other liabilities
    126,329,000 108,353,000 93,268,000 115,105,000 119,202,000 120,784,000 119,739,000 141,311,000 125,979,000 124,454,000 111,795,000 153,220,000 135,904,000 137,095,000 117,240,000 136,954,000 114,601,000 119,405,000 104,218,000 110,999,000 102,197,000 111,264,000 82,254,000 90,032,000 72,680,000 63,250,000 77,676,000 81,356,000 56,401,000 72,054,000 63,857,000 91,282,000 82,233,000 89,566,000 76,007,000 111,056,000 83,060,000 87,003,000 97,164,000 102,793,000 75,440,000 95,485,000 109,066,000 104,179,000 90,622,000 105,925,000 63,766,000 59,585,000 56,449,000 80,685,000 56,560,000 58,453,000 67,044,000 71,395,000 37,136,000 36,928,000 38,100,000 51,512,000 39,040,000 43,180,000 37,269,000 54,878,000 51,159,000 44,268,000 32,752,000 55,460,000 49,845,000 
      total liabilities
    6,450,484,000 6,363,954,000 6,356,559,000 6,436,691,000 6,466,717,000 6,373,304,000 6,333,899,000 6,420,801,000 6,361,659,000 6,029,989,000 6,144,939,000 6,100,325,000 6,226,683,000 6,114,187,000 6,029,937,000 6,001,474,000 6,084,301,000 6,009,822,000 5,560,469,000 5,522,648,000 5,457,950,000 5,315,060,000 5,393,582,000 5,228,493,000 4,353,641,000 4,228,719,000 3,657,195,000 3,816,797,000 3,735,354,000 3,790,950,000 3,735,587,000 3,828,104,000 3,869,156,000 3,982,421,000 3,851,446,000 3,638,595,000 3,733,058,000 3,671,259,000 3,621,902,000 3,614,381,000 4,152,907,000 4,166,095,000 4,265,344,000 3,943,820,000 3,741,191,000 3,800,453,000 3,684,689,000 3,592,507,000 3,598,565,000 3,634,877,000 3,473,626,000 3,399,848,000 3,578,276,000 3,496,243,000 3,550,508,000 3,403,233,000 3,366,001,000 3,719,679,000 3,627,645,000 3,772,724,000 3,634,742,000 3,531,787,000 3,516,503,000 3,573,696,000 3,371,393,000 3,350,050,000 3,252,133,000 
      commitments and contingencies
                                                                       
      redeemable noncontrolling interests in the operating partnership and downreit partnership
    876,127,000 957,980,000 1,057,474,000 1,017,355,000 1,098,987,000 1,021,782,000 937,311,000 961,087,000 907,269,000 935,543,000 901,652,000 839,850,000 920,311,000 1,013,165,000 1,262,144,000 1,299,442,000 1,192,723,000 1,104,276,000 989,686,000 856,294,000 759,986,000 834,466,000 819,133,000 1,018,665,000 1,072,181,000 1,000,532,000 970,620,000 946,436,000                                        
      equity:
                                                                       
      preferred stock, no par value; 50,000,000 shares authorized at september 30, 2025 and december 31, 2024:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,600,678 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively
    43,192,000                                                                   
      series f; 10,174,522 and 10,424,485 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively
    1,000                                                                   
      common stock
                                   2,551,000 2,552,000 2,515,000 2,514,000 2,507,000 2,507,000 2,501,000 2,501,000 2,502,000 2,280,000 2,197,000 2,190,000   1,825,000  1,630,000  1,555,000   1,491,000 1,488,000  1,283,000  1,333,000  1,350,000  1,350,000 1,347,000 1,346,000  1,340,000 1,372,000 
      330,766,065 and 330,858,719 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively
    3,308,000                                                                   
      additional paid-in capital
    7,565,518,000 7,582,852,000 7,575,098,000 7,572,480,000 7,526,910,000 7,508,794,000 7,500,170,000 7,493,217,000 7,487,515,000 7,508,616,000 7,494,042,000 7,493,423,000 7,332,127,000 7,243,825,000 6,891,707,000 6,884,269,000 6,390,547,000 5,887,838,000 5,885,682,000 5,881,383,000 5,776,267,000 5,794,428,000 5,788,471,000 5,781,975,000 5,702,782,000 5,244,819,000 4,620,946,000 4,447,816,000 4,449,555,000 4,342,829,000 4,334,418,000 4,223,747,000 4,223,893,000 4,114,566,000 4,110,625,000 4,104,200,000 4,101,683,000 4,098,882,000 4,098,089,000 4,098,785,000 3,543,219,000 3,340,470,000 3,322,505,000 2,782,510,000 2,548,818,000 2,450,141,000 2,437,284,000 2,061,811,000 2,027,966,000 1,948,669,000 1,906,300,000 1,871,525,000 1,857,320,000 1,818,269,000 1,489,071,000 1,494,239,000 1,520,670,000 1,620,541,000 1,644,905,000 1,661,437,000 1,689,434,000 1,682,809,000 1,686,039,000 1,685,367,000 1,684,518,000 1,680,115,000 1,757,936,000 
      distributions in excess of net income
    -4,338,985,000 -4,305,702,000 -4,293,032,000 -4,179,415,000 -4,064,283,000 -3,840,808,000 -3,638,370,000 -3,554,892,000 -3,392,855,000 -3,445,679,000 -3,627,873,000 -3,451,587,000 -3,438,027,000 -3,426,760,000 -3,549,788,000 -3,485,080,000 -3,335,108,000 -3,143,000,000 -2,923,073,000 -2,685,770,000 -2,500,827,000 -2,432,882,000 -2,360,636,000 -2,462,132,000 -2,496,328,000 -2,336,609,000 -1,685,173,000 -1,584,459,000 -1,610,086,000 -1,525,159,000 -1,557,953,000 -1,528,917,000 -1,493,890,000 -1,478,814,000 -1,414,997,000 -1,279,095,000 -1,210,054,000 -1,143,781,000 -1,082,458,000 -1,024,148,000 -1,126,561,000 -1,142,895,000 -1,111,356,000 -1,075,499,000 -1,045,117,000 -973,864,000 -895,069,000 -822,057,000 -752,226,000 -687,180,000 -628,445,000 -522,945,000 -470,520,000 -393,704,000 -198,951,000 -148,608,000 -103,799,000 -783,238,000 -840,113,000 -871,469,000 -827,724,000 -810,875,000 -789,933,000  -789,529,000 -755,702,000 -784,307,000 
      accumulated other comprehensive income/(loss)
    1,932,000 1,160,000 2,473,000 3,638,000 4,606,000 7,910,000 9,235,000 4,914,000 8,360,000 9,116,000 6,823,000 8,344,000 8,779,000 4,345,000 2,805,000 -4,261,000 -6,600,000 -8,301,000 -8,614,000 -9,144,000 -10,494,000 -11,940,000 -12,870,000 -10,448,000 -9,022,000 -7,838,000 -12,035,000 -12,678,000 -14,187,000 -9,190,000 -15,445,000 -8,855,000 -866,000 -2,305,000 -3,704,000        -15,427,000 -10,285,000      2,000     637,000 772,000            
      total stockholders’ equity
    3,274,966,000 3,324,816,000 3,331,044,000 3,443,205,000 3,513,725,000 3,722,384,000 3,918,943,000 3,991,144,000 4,150,924,000 4,119,963,000 3,920,899,000 4,098,085,000 3,950,758,000 3,869,424,000 3,392,673,000 3,442,874,000 3,096,687,000 2,784,270,000 3,001,728,000 3,234,200,000 3,312,656,000 3,397,322,000 3,464,115,000 3,358,542,000 3,246,562,000 2,949,404,000 2,972,867,000 2,899,755,000 2,874,359,000 2,857,642,000 2,810,181,000 2,735,097,000 2,778,260,000 2,682,533,000 2,741,009,000 2,866,372,000 2,931,208,000 2,992,916,000 3,051,630,000 3,110,106,000 2,533,179,000 2,314,050,000 2,326,092,000           1,570,677,000 1,449,377,000 1,529,257,000 1,596,655,000 1,019,393,000 987,706,000 972,889,000 1,045,038,000 1,055,255,000 1,079,424,000 1,065,330,000 1,078,303,000 1,107,724,000 1,151,835,000 
      noncontrolling interests
    335,000 335,000 335,000 335,000 335,000 335,000 335,000 210,000 210,000 210,000 210,000 210,000 210,000 210,000 210,000 31,430,000 26,853,000 20,903,000 14,673,000 24,391,000 20,796,000 17,623,000 14,275,000 30,772,000 25,213,000 18,611,000 886,000 856,000 859,000 860,000 860,000 853,000 858,000 862,000 860,000                                 
      total equity
    3,275,301,000 3,325,151,000 3,331,379,000 3,443,540,000 3,514,060,000 3,722,719,000 3,919,278,000 3,991,354,000 4,151,134,000 4,120,173,000 3,921,109,000 4,098,295,000 3,950,968,000 3,869,634,000 3,392,883,000 3,474,304,000 3,123,540,000 2,805,173,000 3,016,401,000 3,258,591,000 3,333,452,000 3,414,945,000 3,478,390,000 3,389,314,000 3,271,775,000 2,968,015,000 2,973,753,000 2,900,611,000 2,875,218,000 2,858,502,000 2,811,041,000 2,735,950,000 2,779,118,000 2,683,395,000 2,741,869,000 2,867,295,000 2,932,128,000 2,993,832,000 3,055,621,000 3,114,935,000 2,537,965,000 2,318,784,000 2,330,793,000 1,830,648,000 1,637,326,000 1,610,030,000 1,675,657,000 1,373,110,000 1,411,922,000 1,398,982,000 1,437,494,000 1,505,755,000 1,537,964,000               
      total liabilities and equity
    10,601,912,000 10,647,085,000 10,745,412,000 10,897,586,000 11,079,764,000 11,117,805,000 11,190,488,000 11,373,242,000 11,420,062,000 11,085,705,000 10,967,700,000 11,038,470,000 11,097,962,000 10,996,986,000 10,684,964,000 10,775,220,000 10,400,564,000 9,919,271,000 9,566,556,000 9,637,533,000 9,551,388,000 9,564,471,000 9,691,105,000 9,636,472,000 8,697,597,000 8,197,266,000 7,601,568,000 7,663,844,000 6,922,730,000 6,939,730,000 6,858,511,000 6,846,534,000 6,898,088,000 6,932,405,000 6,834,023,000 6,743,543,000 6,890,781,000 6,888,509,000 6,910,902,000 6,972,621,000 6,942,515,000 6,721,354,000 6,804,903,000                         
      preferred stock, no par value; 50,000,000 shares authorized at june 30, 2025 and december 31, 2024:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,600,678 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively
     43,192,000                                                                  
      series f; 10,272,196 and 10,424,485 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively
     1,000                                                                  
      331,291,669 and 330,858,719 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively
     3,313,000                                                                  
      preferred stock, no par value; 50,000,000 shares authorized at march 31, 2025 and december 31, 2024:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,600,678 shares issued and outstanding at march 31, 2025 and december 31, 2024, respectively
      43,192,000                                                                 
      series f; 10,374,696 and 10,424,485 shares issued and outstanding at march 31, 2025 and december 31, 2024, respectively
      1,000                                                                 
      331,174,564 and 330,858,719 shares issued and outstanding at march 31, 2025 and december 31, 2024, respectively
      3,312,000                                                                 
      preferred stock, no par value; 50,000,000 shares authorized at december 31, 2024 and december 31, 2023:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,686,308 shares issued and outstanding at december 31, 2024 and december 31, 2023, respectively
       43,192,000                                                                
      series f; 10,424,485 and 11,867,730 shares issued and outstanding at december 31, 2024 and december 31, 2023, respectively
       1,000                                                                
      330,858,719 and 329,014,512 shares issued and outstanding at december 31, 2024 and december 31, 2023, respectively
       3,309,000                                                                
      preferred stock, no par value; 50,000,000 shares authorized at september 30, 2024 and december 31, 2023:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,686,308 shares issued and outstanding at september 30, 2024 and december 31, 2023, respectively
        43,192,000                                                               
      series f; 11,355,829 and 11,867,730 shares issued and outstanding at september 30, 2024 and december 31, 2023, respectively
        1,000                                                               
      329,926,696 and 329,014,512 shares issued and outstanding at september 30, 2024 and december 31, 2023, respectively
        3,299,000                                                               
      preferred stock, no par value; 50,000,000 shares authorized at june 30, 2024 and december 31, 2023:
                                                                       
      8.00% series e cumulative convertible; 2,600,678 and 2,686,308 shares issued and outstanding at june 30, 2024 and december 31, 2023, respectively
         43,192,000                                                              
      series f; 11,647,322 and 11,867,730 shares issued and outstanding at june 30, 2024 and december 31, 2023, respectively
         1,000                                                              
      329,539,663 and 329,014,512 shares issued and outstanding at june 30, 2024 and december 31, 2023, respectively
         3,295,000                                                              
      preferred stock, no par value; 50,000,000 shares authorized at march 31, 2024 and december 31, 2023:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,686,308 shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively
          44,614,000                                                             
      series f; 11,785,976 and 11,867,730 shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively
          1,000                                                             
      329,327,553 and 329,014,512 shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively
          3,293,000                                                             
      preferred stock, no par value; 50,000,000 shares authorized at december 31, 2023 and december 31, 2022:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,686,308 shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively
           44,614,000                                                            
      series f; 11,867,730 and 12,100,514 shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively
           1,000                                                            
      329,014,512 and 328,993,088 shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively
           3,290,000                                                            
      preferred stock, no par value; 50,000,000 shares authorized at september 30, 2023 and december 31, 2022:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,686,308 shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
            44,614,000                                                           
      series f; 11,891,530 and 12,100,514 shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
            1,000                                                           
      328,904,161 and 328,993,088 shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
            3,289,000                                                           
      preferred stock, no par value; 50,000,000 shares authorized at june 30, 2023 and december 31, 2022:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,686,308 shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
             44,614,000                                                          
      series f; 11,920,927 and 12,100,514 shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
             1,000                                                          
      329,478,476 and 328,993,088 shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
             3,295,000                                                          
      preferred stock, no par value; 50,000,000 shares authorized at march 31, 2023 and december 31, 2022:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,686,308 shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively
              44,614,000                                                         
      series f; 12,090,558 and 12,100,514 shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively
              1,000                                                         
      329,173,125 and 328,993,088 shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively
              3,292,000                                                         
      preferred stock, no par value; 50,000,000 shares authorized at december 31, 2022 and december 31, 2021:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,695,363 shares issued and outstanding at december 31, 2022 and december 31, 2021, respectively
               44,614,000                                                        
      series f; 12,100,514 and 12,582,575 shares issued and outstanding at december 31, 2022 and december 31, 2021, respectively
               1,000                                                        
      328,993,088 and 318,149,635 shares issued and outstanding at december 31, 2022 and december 31, 2021, respectively
               3,290,000                                                        
      preferred stock, no par value; 50,000,000 shares authorized at september 30, 2022 and december 31, 2021:
                                                                       
      8.00% series e cumulative convertible; 2,686,308 and 2,695,363 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
                44,614,000                                                       
      series f; 12,426,563 and 12,582,575 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
                1,000                                                       
      326,352,154 and 318,149,635 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
                3,264,000                                                       
      preferred stock, no par value; 50,000,000 shares authorized at june 30, 2022 and december 31, 2021:
                                                                       
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
                 44,764,000                                                      
      series f; 12,455,650 and 12,582,575 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
                 1,000                                                      
      324,900,864 and 318,149,635 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
                 3,249,000                                                      
      preferred stock, no par value; 50,000,000 shares authorized at march 31, 2022 and december 31, 2021:
                                                                       
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively
                  44,764,000                                                     
      series f; 12,455,650 and 12,582,575 shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively
                  1,000                                                     
      318,401,530 and 318,149,635 shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively
                  3,184,000                                                     
      preferred stock, no par value; 50,000,000 shares authorized at december 31, 2021 and december 31, 2020:
                                                                       
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at december 31, 2021 and december 31, 2020, respectively
                   44,764,000                                                    
      series f; 12,582,575 and 14,440,519 shares issued and outstanding at december 31, 2021 and december 31, 2020, respectively
                   1,000                                                    
      318,149,635 and 296,611,579 shares issued and outstanding at december 31, 2021 and december 31, 2020, respectively
                   3,181,000                                                    
      preferred stock, no par value; 50,000,000 shares authorized:
                                                                       
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively
                    44,764,000                                                   
      series f; 14,331,810 and 14,440,519 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively
                    1,000                                                   
      308,287,019 and 296,611,579 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively
                    3,083,000                                                   
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively
                     44,764,000                                                  
      series f; 14,357,914 and 14,440,519 shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively
                     1,000                                                  
      296,848,024 and 296,611,579 shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively
                     2,968,000                                                  
      8.00% series e cumulative convertible; 2,695,363 and 2,695,363 shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively
                      44,764,000                                                 
      series f; 14,374,488 and 14,440,519 shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively
                      1,000                                                 
      296,822,363 and 296,611,579 shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively
                      2,968,000                                                 
      8.00% series e cumulative convertible; 2,695,363 and 2,780,994 shares issued and outstanding at december 31, 2020 and december 31, 2019, respectively
                       44,764,000                                                
      series f; 14,440,519 and 14,691,274 shares issued and outstanding at december 31, 2020 and december 31, 2019, respectively
                       1,000                                                
      296,611,579 and 294,588,305 shares issued and outstanding at december 31, 2020 and december 31, 2019, respectively
                       2,966,000                                                
      8.00% series e cumulative convertible; 2,695,363 and 2,780,994 shares issued and outstanding at september 30, 2020 and december 31, 2019, respectively
                        44,764,000                                               
      series f; 14,442,737 and 14,691,274 shares issued and outstanding at september 30, 2020 and december 31, 2019, respectively
                        1,000                                               
      294,479,942 and 294,588,305 shares issued and outstanding at september 30, 2020 and december 31, 2019, respectively
                        2,945,000                                               
      8.00% series e cumulative convertible; 2,695,363 and 2,780,994 shares issued and outstanding at june 30, 2020 and december 31, 2019, respectively
                         44,764,000                                              
      series f; 14,452,717 and 14,691,274 shares issued and outstanding at june 30, 2020 and december 31, 2019, respectively
                         1,000                                              
      295,067,779 and 294,588,305 shares issued and outstanding at june 30, 2020 and december 31, 2019, respectively
                         2,951,000                                              
      8.00% series e cumulative convertible; 2,780,994 shares issued and outstanding at march 31, 2020 and december 31, 2019
                          46,200,000                                             
      series f; 14,543,281 and 14,691,274 shares issued and outstanding at march 31, 2020 and december 31, 2019, respectively
                          1,000                                             
      294,881,038 and 294,588,305 shares issued and outstanding at march 31, 2020 and december 31, 2019, respectively
                          2,949,000                                             
      8.00% series e cumulative convertible; 2,780,994 shares issued and outstanding at december 31, 2019 and december 31, 2018
                           46,200,000                                            
      series f; 14,691,274 and 15,802,393 shares issued and outstanding at december 31, 2019 and december 31, 2018, respectively
                           1,000                                            
      294,588,305 and 275,545,900 shares issued and outstanding at december 31, 2019 and december 31, 2018, respectively
                           2,946,000                                            
      8.00% series e cumulative convertible; 2,780,994 shares issued and outstanding at september 30, 2019 and december 31, 2018
                            46,200,000                                           
      series f; 14,986,275 and 15,802,393 shares issued and outstanding at september 30, 2019 and december 31, 2018, respectively
                            1,000                                           
      292,948,423 and 275,545,900 shares issued and outstanding at september 30, 2019 and december 31, 2018, respectively
                            2,929,000                                           
      8.00% series e cumulative convertible; 2,780,994 shares issued and outstanding at june 30, 2019 and december 31, 2018
                             46,200,000                                          
      series f; 15,097,917 and 15,802,393 shares issued and outstanding at june 30, 2019 and december 31, 2018, respectively
                             1,000                                          
      283,104,643 and 275,545,900 shares issued and outstanding at june 30, 2019 and december 31, 2018, respectively
                             2,831,000                                          
      8.00% series e cumulative convertible; 2,796,903 shares issued and outstanding at march 31, 2016 and december 31, 2015
                              46,457,000                                         
      series f; 16,452,496 shares issued and outstanding at march 31, 2016 and december 31, 2015
                              1,000                                         
      267,137,288 and 261,844,521 shares issued and outstanding at march 31, 2016 and december 31, 2015, respectively
                              2,671,000                                         
      8.00% series e cumulative convertible; 2,796,903 and 2,803,812 shares issued and outstanding at december 31, 2015 and 2014, respectively
                               46,457,000                                        
      series f; 16,452,496 and 2,464,183 shares issued and outstanding at december 31, 2015 and 2014, respectively
                               1,000                                        
      261,844,521 and 255,114,603 shares issued and outstanding at december 31, 2015 and 2014, respectively
                               2,618,000                                        
      deferred financing costs
                                20,206,000 19,930,000 21,676,000 22,686,000 24,344,000 25,545,000 25,516,000 27,043,000 23,654,000 24,990,000 26,810,000 28,579,000 31,641,000 30,068,000 23,709,000 24,747,000 21,850,000 27,267,000 26,225,000 25,508,000 26,710,000 26,601,000 26,002,000 26,561,000 29,262,000 29,658,000 30,575,000 32,308,000 34,327,000 34,136,000 37,788,000 37,375,000 35,972,000 35,160,000 30,775,000 30,721,000 30,436,000 31,036,000 26,540,000 
      redeemable noncontrolling interests in the operating partnership
                                312,158,000 290,278,000 311,883,000 282,480,000 249,814,000 266,589,000 240,708,000                                 
      8.00% series e cumulative convertible; 2,796,903 and 2,803,812 shares issued and outstanding at september 30, 2015 and december 31, 2014, respectively
                                46,457,000                                       
      262,015,237 and 255,114,603 shares issued and outstanding at september 30, 2015 and december 31, 2014, respectively
                                2,620,000                                       
      8.00% series e cumulative convertible; 2,803,812 shares issued and outstanding at june 30, 2015 and december 31, 2014
                                 46,571,000                                      
      259,091,257 and 255,114,603 shares issued and outstanding at june 30, 2015 and december 31, 2014, respectively
                                 2,591,000                                      
      8.00% series e cumulative convertible; 2,803,812 shares issued and outstanding at march 31, 2015 and december 31, 2014
                                  46,571,000                                     
      258,988,739 and 255,114,603 shares issued and outstanding at march 31, 2015 and december 31, 2014, respectively
                                  2,590,000                                     
      real estate sold or held for disposition
                                      10,152,000                                 
      8.00% series e cumulative convertible; 2,803,812 shares issued and outstanding at december 31, 2014 and 2013
                                   46,571,000                                    
      8.00% series e cumulative convertible; 2,803,812 shares issued and outstanding at september 30, 2014 and december 31, 2013
                                    46,571,000                                   
      funds held in escrow from irc section 1031 exchanges
                                     30,275,000                                  
      preferred stock, no par value; 50,000,000 shares authorized
                                              46,571,000                         
      2,803,812 shares of 8.00% series e cumulative convertible issued and outstanding
                                     46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000   46,571,000 46,571,000  46,571,000 46,571,000 46,571,000  46,571,000 46,571,000   46,571,000             
      redeemable noncontrolling interests in operating partnership
                                       237,653,000 225,595,000                               
      accumulated other comprehensive loss
                                       -7,811,000 -9,499,000 -11,257,000 -13,073,000 -13,604,000 -13,939,000 -13,902,000   -3,696,000 -3,469,000     -2,714,000 -5,112,000 -11,055,000 -12,715,000   -3,081,000 -814,000          
      noncontrolling interest
                                       923,000 920,000                               
      real estate sold or held for sale
                                            279,385,000                           
      investment in unconsolidated joint ventures
                                         507,037,000 579,338,000 580,098,000 548,961,000 213,040,000 187,176,000 177,404,000 149,095,000 148,057,000 16,391,000 17,477,000 13,241,000 14,126,000 53,598,000 63,475,000 47,415,000 47,048,000 46,859,000 48,177,000 47,801,000 48,264,000 28,431,000 28,180,000 27,348,000       
      deferred fees and gains on the sale of depreciable property
                                         29,406,000 29,458,000 29,430,000 29,449,000 29,100,000 29,106,000 29,011,000 28,931,000 28,943,000           28,803,000           
      redeemable non-controlling interests in operating partnership
                                         223,418,000 233,379,000 243,305,000 251,643,000 236,475,000 208,766,000 187,309,000 123,360,000 119,057,000 117,012,000 113,752,000 105,229,000 98,758,000 99,137,000 65,295,000 69,290,000               
      equity
                                                                       
      0 shares of 6.75% series g cumulative redeemable issued and outstanding
                                                                       
      non-controlling interest
                                         916,000 3,991,000 4,829,000 4,786,000 4,734,000 4,701,000 3,775,000 3,738,000 3,687,000 3,652,000 3,621,000 3,576,000 3,541,000 3,486,000 3,442,000 3,389,000               
      3,264,362 shares of 6.75% series g cumulative redeemable issued and outstanding
                                            81,609,000 81,609,000 81,609,000 81,609,000                        
      real estate held for sale
                                              36,366,000                         
      marketable securities
                                                 3,866,000 41,873,000 37,878,000 37,992,000 37,650,000 37,020,000 33,979,000 32,133,000               
      secured debt — real estate held for sale
                                              17,159,000                         
      preferred stock, no par value; 50,000,000 shares authorized 2,803,812 shares of 8.00% series e cumulative convertible issued and outstanding
                                             46,571,000        46,571,000   46,571,000 46,571,000  46,571,000            
      liabilities and stockholders’ equity
                                                                       
      stockholders’ equity
                                                                       
      196,660,518 shares issued and outstanding
                                               1,967,000                        
      total udr, inc. stockholders’ equity
                                               1,826,873,000 1,633,588,000 1,606,343,000 1,672,005,000 1,369,489,000 1,408,346,000 1,395,441,000 1,434,008,000 1,502,313,000 1,534,575,000               
      total liabilities and stockholders’ equity
                                               5,961,777,000 5,501,877,000 5,529,540,000 5,477,358,000 5,079,369,000 5,115,716,000 5,132,617,000 5,010,257,000 4,970,898,000 5,185,530,000 5,144,295,000 5,100,212,000 5,036,146,000 5,070,205,000 4,801,121,000 4,674,598,000 4,803,517,000 4,744,995,000 4,675,875,000 4,682,266,000 4,718,832,000 4,530,842,000 4,541,593,000 4,480,429,000 
      secured debt — real estate held for disposition
                                                55,309,000            4,915,000 227,325,000          
      3,405,562 shares of 6.75% series g cumulative redeemable issued and outstanding
                                                85,139,000 85,139,000 85,139,000 85,139,000                    
      187,273,833 shares issued and outstanding
                                                1,873,000                       
      real estate investment
                                                 5,145,109,000                      
      2,803,812 shares of 8.00% series e cumulative convertible issued
                                                                       
      and outstanding
                                                 46,571,000                      
      deferred gains on the sale of depreciable property
                                                  28,824,000 28,836,000 28,822,000 28,826,000 28,831,000 28,835,000 28,840,000 28,845,000 28,849,000 28,814,000  28,690,000          
      182,128,994 shares issued and outstanding
                                                  1,821,000                     
      accumulated other comprehensive (loss)/income
                                                  -3,741,000 -3,605,000                    
      3,432,962 shares of 6.75% series g cumulative redeemable issued and outstanding
                                                    85,824,000 85,824,000                  
      161,369,435 shares issued and outstanding
                                                    1,614,000                   
      accumulated other comprehensive income
                                                    -1,403,000                   
      other assets — real estate held for disposition
                                                        767,000 767,000 1,899,000 2,180,000 1,844,000 14,125,000 8,358,000 9,858,000 9,278,000 12,952,000   1,468,000 3,020,000 2,421,000 
      other liabilities — real estate held for disposition
                                                        1,274,000 1,204,000 2,139,000 2,147,000 3,183,000 28,945,000 1,702,000 5,335,000 3,122,000 6,035,000   6,681,000 11,794,000 16,340,000 
      4,430,700 shares of 6.75% series g cumulative redeemable issued and outstanding
                                                      110,768,000 110,768,000 110,768,000 110,768,000 110,768,000             
      152,846,734 shares issued and outstanding
                                                      1,528,000                 
      150,557,442 shares issued and outstanding
                                                       1,506,000                
      escrow — 1031 exchange funds
                                                                       
      minority interests
                                                         77,375,000 100,327,000 103,656,000 107,549,000 62,049,000 59,247,000 57,904,000 65,215,000 88,833,000 86,339,000 79,806,000 81,146,000 83,819,000 76,461,000 
      128,091,103 shares issued and outstanding
                                                          1,281,000             
      funds held in escrow from irc section 1031 exchanges pending the acquisition of real estate
                                                           231,795,000 348,297,000   25,780,000 25,373,000       
      5,400,000 shares of 6.75% series g cumulative redeemable issued and outstanding
                                                           135,000,000            
      stockholders’ equity:
                                                                       
      2,803,812 shares 8.00% series e cumulative convertible issued and outstanding
                                                            46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 46,571,000 
      5,400,000 shares 6.75% series g cumulative redeemable issued and outstanding
                                                            135,000,000 135,000,000 135,000,000 135,000,000        
      129,360,822 shares issued and outstanding
                                                            1,294,000           
      funds held in escrow from irc 1031 exchanges pending the acquisition of real estate
                                                             56,217,000          
      0 shares 8.60% series b cumulative redeemable issued and outstanding
                                                                       
      134,328,648 shares issued and outstanding
                                                              1,343,000         
      5,416,009 shares 8.60% series b cumulative redeemable issued and outstanding
                                                                135,400,000   135,400,000 135,400,000 135,400,000 135,400,000 
      135,725,384 shares issued and outstanding
                                                                1,357,000       
      preferred stock, no par value; 50,000,000 shares authorized 5,416,009 shares 8.60% series b cumulative redeemable issued and outstanding
                                                                 135,400,000 135,400,000     
      other assets—real estate held for disposition
                                                                  6,615,000 6,493,000    
      other liabilities—real estate held for disposition
                                                                  478,000 2,205,000    
      134,279,842 shares issued and outstanding
                                                                    1,343,000   
      investment in unconsolidated development joint venture
                                                                      -124,000 
      funds held in escrow from 1031 exchanges pending the acquisition of real estate
                                                                       
      note receivable
                                                                      95,945,000 
      deferred compensation — unearned restricted stock awards
                                                                      -5,137,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.