| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Base rent | -- | -- | -- | -- | -- | -- | 184.68 | 181.14 | 172.38 | 168.30 |
| Percentage rent | -- | -- | -- | -- | -- | -- | 0.99 | 1.46 | 1.38 | 1.61 |
| Rental Revenue | 261.18 | 249.06 | 240.84 | 234.52 | 220.28 | 223.35 | -- | -- | -- | -- |
| Expense recoveries | -- | -- | -- | -- | -- | -- | 35.54 | 35.35 | 34.27 | 32.91 |
| Other | 7.67 | 8.15 | 5.02 | 4.71 | 4.93 | 8.17 | 6.69 | 9.34 | 9.04 | 6.26 |
| Total Revenues | 268.85 | 257.21 | 245.86 | 239.23 | 225.21 | 231.53 | 227.90 | 227.29 | 217.07 | 209.08 |
| Property operating expenses | 41.72 | 37.49 | 35.93 | 32.88 | 28.86 | 29.95 | 28.20 | 27.69 | 27.53 | 26.57 |
| Real estate taxes | 30.34 | 29.65 | 28.59 | 28.75 | 29.56 | 27.99 | 27.38 | 27.00 | 24.68 | 23.66 |
| Depreciation and amortization of deferred leasing costs | 50.50 | 48.43 | 48.97 | 50.27 | 51.13 | 46.33 | 45.86 | 45.69 | 44.42 | 43.27 |
| Amortization of deferred debt expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| General and administrative | 25.07 | 23.46 | 22.39 | 20.25 | 19.11 | 20.79 | 18.46 | 18.18 | 17.50 | 16.35 |
| Acquisition related costs | -- | -- | -- | -- | -- | -- | -- | -- | 0.06 | 0.08 |
| Provision for credit losses | -- | -- | -- | -- | -- | -- | (0.69) | (0.91) | (1.49) | (0.92) |
| Interest expense and amortization of deferred debt | (53.70) | (49.15) | (43.94) | (45.42) | (46.52) | (41.83) | (45.04) | (47.23) | (45.68) | (45.17) |
| Predevelopment expenses | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | (0.13) |
| Other revenue | -- | -- | -- | -- | -- | -- | 0.27 | -- | -- | -- |
| Total operating expenses | 201.33 | 188.18 | 180.47 | 177.58 | 175.17 | 166.89 | 109.36 | 166.69 | 161.36 | 156.15 |
| Operating Income (loss) | -- | -- | -- | -- | -- | -- | 62.55 | 60.60 | 55.71 | 52.93 |
| Acquisition related costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Non-operating item Gain on sale of property | -- | -- | -- | -- | 0.28 | -- | -- | -- | -- | -- |
| Loss on early extinguishment of debt | -- | -- | (0.65) | -- | -- | -- | -- | -- | -- | 0.00 |
| Gain on casualty settlement | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Decrease in fair value of derivatives | -- | -- | -- | -- | -- | (0.44) | 0.00 | 0.07 | 0.01 | (0.01) |
| Operating income before minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority share of income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Distributions in excess of earnings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of property | 0.18 | -- | -- | -- | -- | -- | 0.51 | -- | 1.01 | 0.01 |
| (Loss) income from operations of property sold | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) | 67.70 | 69.03 | 65.39 | 61.65 | 50.32 | 64.20 | 63.06 | 60.67 | 56.72 | 52.93 |
| Income attributable to the noncontrolling interest | 17.05 | 16.34 | 15.20 | 13.26 | 9.93 | 12.47 | 12.51 | 12.41 | 11.44 | 10.46 |
| Continuing Operations-Preferred dividends | -- | -- | -- | -- | -- | 12.24 | -- | 12.38 | 12.38 | 12.38 |
| Preferred stock redemption | 11.19 | 11.19 | 11.19 | 11.19 | 11.19 | -- | 12.26 | -- | 0.00 | -- |
| Extinguishment of issuance costs upon redemption of preferred shares | -- | -- | -- | 0.00 | -- | 3.24 | 2.33 | -- | -- | -- |
| Net income available to common stockholders | 39.46 | 41.50 | 39.00 | 37.20 | 29.19 | 36.25 | 35.96 | 35.88 | 32.90 | 30.09 |
| EPS (Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations, including gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Per share net income available to common stockholders - Basic | 1.64 | 1.73 | 1.63 | 1.57 | 1.25 | 1.58 | 1.61 | 1.64 | 1.53 | 1.42 |
| EPS (Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations, including gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Per share net income available to common stockholders - Diluted | 1.63 | 1.73 | 1.63 | 1.57 | 1.25 | 1.57 | 1.60 | 1.63 | 1.52 | 1.42 |
| Weighted average common shares outstanding - Basic | 24.12 | 33.47 | 33.26 | 32.03 | 23.36 | 23.01 | 22.38 | 21.90 | 21.51 | 21.13 |
| Weighted average common shares outstanding - Diluted | 24.14 | 34.07 | 33.97 | 33.10 | 23.36 | 23.05 | 22.43 | 22.01 | 21.62 | 21.20 |
| Funds From operations | 118.02 | 117.46 | 114.36 | 111.92 | 89.97 | 95.06 | 108.41 | 106.36 | 100.12 | 96.19 |