|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
Q4 FY2021
As of Dec 31, 2021
|
Q3 FY2021
As of Sep 30, 2021
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total cash and cash equivalents | ||||||||||||||||||||
| Restricted cash | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total restricted cash | ||||||||||||||||||||
| Loans and preferred equity held for investment | ||||||||||||||||||||
| Current expected credit loss reserve | ||||||||||||||||||||
| Loans and preferred equity held for investment, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total loans and preferred equity held for investment, net | ||||||||||||||||||||
| Real estate, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total real estate, net | ||||||||||||||||||||
| Investments in unconsolidated ventures | ||||||||||||||||||||
| Total investments in unconsolidated ventures | ||||||||||||||||||||
| Receivables, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total receivables, net | ||||||||||||||||||||
| Deferred leasing costs and intangible assets, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total deferred leasing costs and intangible assets, net | ||||||||||||||||||||
| Assets held for sale | ||||||||||||||||||||
| Other assets | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total other assets | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total assets | ||||||||||||||||||||
| Liabilities | ||||||||||||||||||||
| Securitization bonds payable, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total securitization bonds payable, net | ||||||||||||||||||||
| Mortgage and other notes payable, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total mortgage and other notes payable, net | ||||||||||||||||||||
| Credit facilities | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total credit facilities | ||||||||||||||||||||
| Accrued and other liabilities | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total accrued and other liabilities | ||||||||||||||||||||
| Intangible liabilities, net | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total intangible liabilities, net | ||||||||||||||||||||
| Liabilities related to assets held for sale | ||||||||||||||||||||
| Escrow deposits payable | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total escrow deposits payable | ||||||||||||||||||||
| Dividends payable | ||||||||||||||||||||
| Primary beneficiary | ||||||||||||||||||||
| Total liabilities | ||||||||||||||||||||
| Equity | ||||||||||||||||||||
| Stockholders’ equity | ||||||||||||||||||||
| Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Common stock, $0.01 par value per share, Class A, 950,000,000 shares authorized, 126,789,991 and 128,627,246 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||||
| Accumulated deficit | ||||||||||||||||||||
| Accumulated other comprehensive loss | ||||||||||||||||||||
| Total stockholders’ equity | ||||||||||||||||||||
| Noncontrolling interests in investment entities | ||||||||||||||||||||
| Total equity | ||||||||||||||||||||
| Total liabilities and equity | ||||||||||||||||||||
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