2024 Q1 Form 10-K Financial Statement

#000002523224000004 Filed on February 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $209.2M $197.0M $802.9M
YoY Change 3.21% 1.25% 5.32%
Cost Of Revenue $71.08M $63.93M $266.4M
YoY Change -0.19% -3.0% 3.12%
Gross Profit $138.2M $133.1M $536.4M
YoY Change 5.06% 3.43% 6.45%
Gross Profit Margin 66.03% 67.55% 66.81%
Selling, General & Admin $9.354M $7.629M $32.94M
YoY Change 8.2% 4.06% 8.56%
% of Gross Profit 6.77% 5.73% 6.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $86.23M $79.37M $314.9M
YoY Change 13.8% 4.61% 6.53%
% of Gross Profit 62.41% 59.65% 58.7%
Operating Expenses $95.58M $87.00M $347.8M
YoY Change 13.23% 4.57% 6.72%
Operating Profit $138.6M $46.06M $531.1M
YoY Change 6.52% 1.35% 5.75%
Interest Expense $28.91M -$27.45M $105.5M
YoY Change 15.49% 24.36% 45.39%
% of Operating Profit 20.85% -59.61% 19.86%
Other Income/Expense, Net
YoY Change
Pretax Income $13.10M $18.60M $81.52M
YoY Change -39.57% -21.47% -48.97%
Income Tax
% Of Pretax Income
Net Earnings $13.29M $18.79M $82.96M
YoY Change -40.13% -22.11% -50.26%
Net Earnings / Revenue 6.35% 9.54% 10.33%
Basic Earnings Per Share $0.09 $0.55
Diluted Earnings Per Share $0.09 $0.12 $0.55
COMMON SHARES
Basic Shares Outstanding 151.8M shares 151.8M shares 151.7M shares
Diluted Shares Outstanding 152.4M shares 152.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.452M $6.047M $6.047M
YoY Change 52.08% 17.53% 17.53%
Cash & Equivalents $5.452M $6.047M $6.047M
Short-Term Investments
Other Short-Term Assets $14.82M $8.704M $8.704M
YoY Change 25.78% 35.2% 35.2%
Inventory
Prepaid Expenses
Receivables $8.135M $11.11M $11.11M
Other Receivables $217.9M $209.4M $209.4M
Total Short-Term Assets $246.3M $235.2M $235.2M
YoY Change 13.14% 15.15% 15.15%
LONG-TERM ASSETS
Property, Plant & Equipment $7.102B $7.073B $7.073B
YoY Change 0.97% 0.76% 0.76%
Goodwill $1.674M $1.674M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $155.2M $143.8M $143.8M
YoY Change 13.52% 27.47% 27.47%
Other Assets $73.61M $71.41M $71.41M
YoY Change 13.58% 12.19% 12.19%
Total Long-Term Assets $7.437B $7.399B $7.399B
YoY Change 0.97% 0.91% 0.91%
TOTAL ASSETS
Total Short-Term Assets $246.3M $235.2M $235.2M
Total Long-Term Assets $7.437B $7.399B $7.399B
Total Assets $7.683B $7.634B $7.634B
YoY Change 1.32% 1.29% 1.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $216.8M $299.8M $299.8M
YoY Change 5.74% 10.57% 10.57%
Accrued Expenses $49.85M $49.79M $49.79M
YoY Change -6.35% 0.65% 0.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $429.1M $429.1M
YoY Change 5085.97% 5085.97%
Total Short-Term Liabilities $266.6M $778.6M $778.6M
YoY Change 3.25% 136.78% 136.78%
LONG-TERM LIABILITIES
Long-Term Debt $2.563B $2.029B $2.032B
YoY Change 4.67% -12.8% -12.78%
Other Long-Term Liabilities $338.1M $279.0M $275.4M
YoY Change 32.7% 18.77% 19.06%
Total Long-Term Liabilities $2.901B $2.308B $2.308B
YoY Change 7.31% -9.91% -9.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $266.6M $778.6M $778.6M
Total Long-Term Liabilities $2.901B $2.308B $2.308B
Total Liabilities $3.168B $3.086B $3.110B
YoY Change 6.96% 6.79% 6.83%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $5.648B $5.793B
YoY Change -2.37% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.491B $4.524B $4.524B
YoY Change
Total Liabilities & Shareholders Equity $7.683B $7.634B $7.634B
YoY Change 1.32% 1.29% 1.29%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $13.29M $18.79M $82.96M
YoY Change -40.13% -22.11% -50.26%
Depreciation, Depletion And Amortization $86.23M $79.37M $314.9M
YoY Change 13.8% 4.61% 6.53%
Cash From Operating Activities $28.29M $90.84M $368.4M
YoY Change 6.79% -2.13% 0.88%
INVESTING ACTIVITIES
Capital Expenditures $72.32M $81.27M $279.5M
YoY Change 3.51% 2.32% -18.33%
Acquisitions
YoY Change
Other Investing Activities -$11.63M -$2.376M -$16.22M
YoY Change -51.49% -64.26% -309.45%
Cash From Investing Activities -$83.95M -$83.64M -$295.7M
YoY Change -10.54% -2.82% -11.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $55.06M -8.082M -$71.73M
YoY Change -16.31% -3.14% 100.97%
NET CHANGE
Cash From Operating Activities $28.29M 90.84M $368.4M
Cash From Investing Activities -$83.95M -83.64M -$295.7M
Cash From Financing Activities $55.06M -8.082M -$71.73M
Net Change In Cash -$595.0K -879.0K $902.0K
YoY Change -61.86% -44.82% -117.96%
FREE CASH FLOW
Cash From Operating Activities $28.29M $90.84M $368.4M
Capital Expenditures $72.32M $81.27M $279.5M
Free Cash Flow -$44.03M $9.579M $88.84M
YoY Change 1.51% -28.51% 287.54%

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StockIssuedDuringPeriodValueShareBasedCompensation
-64000 usd
CY2023 cuz Amortization Of Stock Based Compensation Net Of Forfeitures
AmortizationOfStockBasedCompensationNetOfForfeitures
-10224000 usd
CY2023 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
3115000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1091000 usd
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.28
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
195061000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4548313000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
83816000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
167445000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
278996000 usd
CY2023 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
0 usd
CY2022 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
56267000 usd
CY2021 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
13083000 usd
CY2023 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
504000 usd
CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-9000 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
152547000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
314897000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
295587000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
288092000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4142000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-99000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-437000 usd
CY2023 cuz Net Amortization Of Stock Options And Restricted Stock
NetAmortizationOfStockOptionsAndRestrictedStock
11966000 usd
CY2022 cuz Net Amortization Of Stock Options And Restricted Stock
NetAmortizationOfStockOptionsAndRestrictedStock
10138000 usd
CY2021 cuz Net Amortization Of Stock Options And Restricted Stock
NetAmortizationOfStockOptionsAndRestrictedStock
7459000 usd
CY2023 us-gaap Straight Line Rent
StraightLineRent
48068000 usd
CY2022 us-gaap Straight Line Rent
StraightLineRent
41731000 usd
CY2021 us-gaap Straight Line Rent
StraightLineRent
39473000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2299000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7700000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6801000 usd
CY2023 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3664000 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5399000 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
11542000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
169000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7725000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1723000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5500000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8473000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9169000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10230000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
368362000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
365166000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
389478000 usd
CY2023 us-gaap Payments For Proceeds From Real Estate Partnership Investment Net
PaymentsForProceedsFromRealEstatePartnershipInvestmentNet
-4248000 usd
CY2022 us-gaap Payments For Proceeds From Real Estate Partnership Investment Net
PaymentsForProceedsFromRealEstatePartnershipInvestmentNet
0 usd
CY2021 us-gaap Payments For Proceeds From Real Estate Partnership Investment Net
PaymentsForProceedsFromRealEstatePartnershipInvestmentNet
-555333000 usd
CY2023 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 usd
CY2022 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
38831000 usd
CY2021 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
67066000 usd
CY2023 cuz Payments To Acquire And Develop Real Estate And Tenant Asset Expenditures
PaymentsToAcquireAndDevelopRealEstateAndTenantAssetExpenditures
279519000 usd
CY2022 cuz Payments To Acquire And Develop Real Estate And Tenant Asset Expenditures
PaymentsToAcquireAndDevelopRealEstateAndTenantAssetExpenditures
342241000 usd
CY2021 cuz Payments To Acquire And Develop Real Estate And Tenant Asset Expenditures
PaymentsToAcquireAndDevelopRealEstateAndTenantAssetExpenditures
787810000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
10924000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
16805000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
39422000 usd
CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
31388000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
47894000 usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
65077000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-295735000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-334499000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-191066000 usd
CY2023 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
382900000 usd
CY2022 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
428700000 usd
CY2021 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
855500000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
254400000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
600600000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
859400000 usd
CY2023 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
0 usd
CY2022 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
400000000 usd
CY2021 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
350000000 usd
CY2023 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 usd
CY2022 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 usd
CY2021 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
250000000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
42118000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8273000 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
168401000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
109469000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
71000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8231000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2989000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
103120000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
443000 usd
CY2022 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
514000 usd
CY2021 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
0 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
194348000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
192275000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
182840000 usd
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
3115000 usd
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2866000 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
6154000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1091000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
114000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1338000 usd
CY2023 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 usd
CY2022 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
43387000 usd
CY2021 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-71725000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35690000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-194382000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
902000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5023000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4030000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5145000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10168000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6138000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6047000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5145000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10168000 usd
CY2023 cuz Distribution Of Taxable Income To Qualify As Reit Minimum
DistributionOfTaxableIncomeToQualifyAsREITMinimum
1
CY2023Q4 cuz Companys Portfolio Of Real Estate Assets Consist Office Space
CompanysPortfolioOfRealEstateAssetsConsistOfficeSpace
18800000 sqft
CY2023Q4 cuz Companys Portfolio Of Real Estate Assets Consist Retail Space
CompanysPortfolioOfRealEstateAssetsConsistRetailSpace
310000 sqft
CY2023 cuz Period Of Time That Company Capitalizes Costs On Unoccupied Portion Of Recently Completed Projects Minimum Average Economic Occupancy Percent
PeriodOfTimeThatCompanyCapitalizesCostsOnUnoccupiedPortionOfRecentlyCompletedProjectsMinimumAverageEconomicOccupancyPercent
0.90
CY2023 cuz Period Of Time That Company Capitalizes Costs On Unoccupied Portion Of Recently Completed Projects After Company Receives Its Certificate Of Occupancy
PeriodOfTimeThatCompanyCapitalizesCostsOnUnoccupiedPortionOfRecentlyCompletedProjectsAfterCompanyReceivesItsCertificateOfOccupancy
P1Y
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2023 cuz Noncontrolling Interest Conversion Ratio
NoncontrollingInterestConversionRatio
1
CY2023Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
110667000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
2100000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2100000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2021Q4 cuz Number Of Real Estate Properties Sold
NumberOfRealEstatePropertiesSold
3 property
CY2023Q4 cuz Lessee Operating Lease Property Subject To Lease
LesseeOperatingLeasePropertySubjectToLease
3 property
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P77Y
CY2023Q4 cuz Lessee Finance Lease Property Subject To Lease
LesseeFinanceLeasePropertySubjectToLease
1 property
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
45500000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
49800000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3600000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q4 cuz Lessee Operating Lease Property Subject To Lease
LesseeOperatingLeasePropertySubjectToLease
3 property
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P78Y
CY2022Q4 cuz Lessee Finance Lease Property Subject To Lease
LesseeFinanceLeasePropertySubjectToLease
1 property
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
45800000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3700000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
49600000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3600000 usd
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2900000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
4100000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
155000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
162000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1933000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
162000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1958000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3676000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2006000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2010000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2022000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
171291000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
181220000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
3838000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
131427000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
283000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
49793000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3555000 usd
CY2023 cuz Fees Earned From Unconsolidated Joint Ventures
FeesEarnedFromUnconsolidatedJointVentures
1200000 usd
CY2022 cuz Fees Earned From Unconsolidated Joint Ventures
FeesEarnedFromUnconsolidatedJointVentures
2800000 usd
CY2021 cuz Fees Earned From Unconsolidated Joint Ventures
FeesEarnedFromUnconsolidatedJointVentures
3300000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1674000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1674000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21400000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32700000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense Year One
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseYearOne
11526000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense Year Two
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseYearTwo
9630000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense Year Three
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseYearThree
7957000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense Year Four
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseYearFour
6498000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense Year Five
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseYearFive
4670000 usd
CY2023Q4 cuz Intangible Assets And Liabilities Future Amortization Expense After Year Five
IntangibleAssetsAndLiabilitiesFutureAmortizationExpenseAfterYearFive
26519000 usd
CY2023Q4 cuz Finite Lived Assets Intangible And Liabilities Future Amortization Expense
FiniteLivedAssetsIntangibleAndLiabilitiesFutureAmortizationExpense
66800000 usd
CY2023Q4 cuz Predevelopment Costs
PredevelopmentCosts
56600000 usd
CY2022Q4 cuz Predevelopment Costs
PredevelopmentCosts
50009000 usd
CY2023Q4 cuz Furniture Fixture And Equipment And Leasehold Improvements Accumulated Depreciation
FurnitureFixtureAndEquipmentAndLeaseholdImprovementsAccumulatedDepreciation
18564000 usd
CY2022Q4 cuz Furniture Fixture And Equipment And Leasehold Improvements Accumulated Depreciation
FurnitureFixtureAndEquipmentAndLeaseholdImprovementsAccumulatedDepreciation
18860000 usd
CY2023Q4 cuz Furniture Fixture And Equipment And Leasehold Improvements
FurnitureFixtureAndEquipmentAndLeaseholdImprovements
10631000 usd
CY2022Q4 cuz Furniture Fixture And Equipment And Leasehold Improvements
FurnitureFixtureAndEquipmentAndLeaseholdImprovements
11824000 usd
CY2023Q4 cuz Accumulated Amortization Incentives To Lessees
AccumulatedAmortizationIncentivesToLessees
5860000 usd
CY2022Q4 cuz Accumulated Amortization Incentives To Lessees
AccumulatedAmortizationIncentivesToLessees
5129000 usd
CY2023Q4 us-gaap Incentive To Lessee
IncentiveToLessee
10537000 usd
CY2022Q4 us-gaap Incentive To Lessee
IncentiveToLessee
8091000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8704000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6438000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
2131000 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
135000 usd
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4273000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
5550000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
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CY2023Q4 us-gaap Other Assets
OtherAssets
90745000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
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CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2341841000 usd
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DeferredFinanceCostsNet
4441000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7235000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2457627000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2334606000 usd
CY2023 cuz Debt Instrument Weighted Average Maturity Period
DebtInstrumentWeightedAverageMaturityPeriod
P3Y
CY2023Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
2400000000 usd
CY2022Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
2200000000 usd
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InterestCostsIncurred
123830000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
87937000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
73284000 usd
CY2023 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
18367000 usd
CY2022 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
15400000 usd
CY2021 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
6257000 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
105463000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
72537000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
67027000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
429087000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
656754000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
220127000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
410100000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
250000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
496000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2462068000 usd
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4357000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1063000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
3932000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-704000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 usd
CY2023 us-gaap Interest Expense
InterestExpense
105463000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
72537000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
67027000 usd
CY2023 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
2400000 usd
CY2023Q4 cuz Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
53348000 usd
CY2022Q4 cuz Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
53129000 usd
CY2023Q4 us-gaap Advance Rent
AdvanceRent
34872000 usd
CY2022Q4 us-gaap Advance Rent
AdvanceRent
33165000 usd
CY2023Q4 us-gaap Lease Deposit Liability
LeaseDepositLiability
15050000 usd
CY2022Q4 us-gaap Lease Deposit Liability
LeaseDepositLiability
14635000 usd
CY2023Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
0 usd
CY2022Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
1048000 usd
CY2023Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
1560000 usd
CY2022Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
1465000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
104830000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
103442000 usd
CY2023Q4 cuz Outstanding Performance Bonds
OutstandingPerformanceBonds
1300000 usd
CY2023Q4 cuz Outstanding Commitments To Fund Real Estate Projects
OutstandingCommitmentsToFundRealEstateProjects
109600000 usd
CY2021Q3 cuz Sale Of Stock Number Of Participating Financial Institutions
SaleOfStockNumberOfParticipatingFinancialInstitutions
6 financial_institution
CY2023 cuz Percentage Of Restrictions On Ownership Of Company Common And Preferred Stock
PercentageOfRestrictionsOnOwnershipOfCompanyCommonAndPreferredStock
0.039
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
192275000 usd
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
182839000 usd
CY2023 cuz Dividends Treated As Taxable Compensation
DividendsTreatedAsTaxableCompensation
308000 usd
CY2022 cuz Dividends Treated As Taxable Compensation
DividendsTreatedAsTaxableCompensation
231000 usd
CY2021 cuz Dividends Treated As Taxable Compensation
DividendsTreatedAsTaxableCompensation
192000 usd
CY2023 cuz Dividends In Excess Of Current Year Reit Distribution Requirements
DividendsInExcessOfCurrentYearREITDistributionRequirements
39933000 usd
CY2022 cuz Dividends In Excess Of Current Year Reit Distribution Requirements
DividendsInExcessOfCurrentYearREITDistributionRequirements
0 usd
CY2021 cuz Dividends In Excess Of Current Year Reit Distribution Requirements
DividendsInExcessOfCurrentYearREITDistributionRequirements
0 usd
CY2023 cuz Dividends Applied To Meet Current Year Reit Distribution Requirements
DividendsAppliedToMeetCurrentYearReitDistributionRequirements
153903000 usd
CY2022 cuz Dividends Applied To Meet Current Year Reit Distribution Requirements
DividendsAppliedToMeetCurrentYearReitDistributionRequirements
192044000 usd
CY2021 cuz Dividends Applied To Meet Current Year Reit Distribution Requirements
DividendsAppliedToMeetCurrentYearReitDistributionRequirements
182647000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
541492000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
532487000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
516868000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
475210000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
423212000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1448701000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3937970000 usd
CY2023Q2 cuz Reduction Of Revenue Related To Write Down Of Net Assets Associated With Lease
ReductionOfRevenueRelatedToWriteDownOfNetAssetsAssociatedWithLease
1600000 usd
CY2019Q1 cuz Contract With Customer Satisfaction Of Performance Obligation Revenue To Be Recognized
ContractWithCustomerSatisfactionOfPerformanceObligationRevenueToBeRecognized
52300000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11962000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9982000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10657000 usd
CY2023 cuz Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2000000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.55
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.55
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2019Q1 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
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CY2019Q1 cuz Vesting Period Of Employer Contributions
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P2Y
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1100000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1000000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1000000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151714000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
150113000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148666000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25000 shares
CY2023 cuz Utilization Of Net Operating Loss Carryforward Amount
UtilizationOfNetOperatingLossCarryforwardAmount
174000 usd
CY2023 cuz Utilization Of Net Operating Loss Carryforward Percent
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-0.25
CY2022 cuz Utilization Of Net Operating Loss Carryforward Amount
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0 usd
CY2022 cuz Utilization Of Net Operating Loss Carryforward Percent
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0
CY2021 cuz Utilization Of Net Operating Loss Carryforward Amount
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0 usd
CY2021 cuz Utilization Of Net Operating Loss Carryforward Percent
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0
CY2023 cuz Income Tax Expense Benefit Continuing Operations Amount
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0 usd
CY2023 cuz Income Tax Expense Benefit Continuing Operations Percent
IncomeTaxExpenseBenefitContinuingOperationsPercent
0
CY2022 cuz Income Tax Expense Benefit Continuing Operations Amount
IncomeTaxExpenseBenefitContinuingOperationsAmount
0 usd
CY2022 cuz Income Tax Expense Benefit Continuing Operations Percent
IncomeTaxExpenseBenefitContinuingOperationsPercent
0
CY2021 cuz Income Tax Expense Benefit Continuing Operations Amount
IncomeTaxExpenseBenefitContinuingOperationsAmount
0 usd
CY2021 cuz Income Tax Expense Benefit Continuing Operations Percent
IncomeTaxExpenseBenefitContinuingOperationsPercent
0
CY2023 us-gaap Profit Loss
ProfitLoss
83816000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
167445000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
278996000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
82963000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
166793000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
278586000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151714000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
150113000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148666000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
CY2023 us-gaap Profit Loss
ProfitLoss
83816000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
167445000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
278996000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
82977000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
166936000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
278642000 usd
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152040000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150419000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148891000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
38000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
155000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
49384000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
48525000 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
47350000 usd
CY2023 cuz Tenant Improvements Recorded In Deferred Income
TenantImprovementsRecordedInDeferredIncome
60568000 usd
CY2022 cuz Tenant Improvements Recorded In Deferred Income
TenantImprovementsRecordedInDeferredIncome
80369000 usd
CY2021 cuz Tenant Improvements Recorded In Deferred Income
TenantImprovementsRecordedInDeferredIncome
4541000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
124337000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
66743000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5145000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8937000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
1231000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6047000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5145000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10168000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
531094000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
502200000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
493720000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
83816000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
167445000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
278996000 usd
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OtherGeneralAndAdministrativeExpense
32331000 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
28319000 usd
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
29321000 usd
CY2023 us-gaap Interest Expense
InterestExpense
105463000 usd
CY2022 us-gaap Interest Expense
InterestExpense
72537000 usd
CY2021 us-gaap Interest Expense
InterestExpense
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CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
314897000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
295587000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
288092000 usd
CY2023 cuz Reimbursed Expenses
ReimbursedExpenses
608000 usd
CY2022 cuz Reimbursed Expenses
ReimbursedExpenses
2024000 usd
CY2021 cuz Reimbursed Expenses
ReimbursedExpenses
2476000 usd
CY2023 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2128000 usd
CY2022 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2134000 usd
CY2021 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2131000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2299000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7700000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6801000 usd
CY2023 cuz Net Operating Income From Unconsolidated Joint Ventures
NetOperatingIncomeFromUnconsolidatedJointVentures
5824000 usd
CY2022 cuz Net Operating Income From Unconsolidated Joint Ventures
NetOperatingIncomeFromUnconsolidatedJointVentures
9524000 usd
CY2021 cuz Net Operating Income From Unconsolidated Joint Ventures
NetOperatingIncomeFromUnconsolidatedJointVentures
19223000 usd
CY2023 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
0 usd
CY2022 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
56267000 usd
CY2021 cuz Gain Loss From Unconsolidated Joint Ventures
GainLossFromUnconsolidatedJointVentures
13083000 usd
CY2023 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
504000 usd
CY2022 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-9000 usd
CY2021 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
152547000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
169000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
531094000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
502200000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
493720000 usd
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
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526968000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
776840000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
5303404000 usd
CY2023Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
65955000 usd
CY2023Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
2245912000 usd
CY2021Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
7714382000 usd
CY2020Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
7370401000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1079662000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
874988000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
842795000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
7549316000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8392111000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1329406000 usd
CY2022Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
8087846000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
811196000 usd
CY2023 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
0 usd
CY2022 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
0 usd
CY2021 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
723694000 usd
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
350654000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
436201000 usd
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
280823000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
292433000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
267411000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
246240000 usd
CY2023 cuz Real Estate Additions Gross
RealEstateAdditionsGross
350654000 usd
CY2022 cuz Real Estate Additions Gross
RealEstateAdditionsGross
436201000 usd
CY2021 cuz Real Estate Additions Gross
RealEstateAdditionsGross
1004517000 usd
CY2023 cuz Real Estate Accumulated Depreciation Additions Gross
RealEstateAccumulatedDepreciationAdditionsGross
292433000 usd
CY2022 cuz Real Estate Accumulated Depreciation Additions Gross
RealEstateAccumulatedDepreciationAdditionsGross
267411000 usd
CY2021 cuz Real Estate Accumulated Depreciation Additions Gross
RealEstateAccumulatedDepreciationAdditionsGross
246240000 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
3700000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
552201000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
74113000 usd
CY2023 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
42689000 usd
CY2022 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
62737000 usd
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
108335000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
42689000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
62737000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
108335000 usd
CY2023 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
46389000 usd
CY2022 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
62737000 usd
CY2021 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
660536000 usd
CY2023 cuz Real Estate Accumulated Depreciation Deductions Gross
RealEstateAccumulatedDepreciationDeductionsGross
42689000 usd
CY2022 cuz Real Estate Accumulated Depreciation Deductions Gross
RealEstateAccumulatedDepreciationDeductionsGross
62737000 usd
CY2021 cuz Real Estate Accumulated Depreciation Deductions Gross
RealEstateAccumulatedDepreciationDeductionsGross
182448000 usd
CY2023Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
8392111000 usd
CY2022Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
8087846000 usd
CY2021Q4 cuz Sec Schedule1228 Real Estate Companies Investment In Real Estate After Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAfterImpairment
7714382000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1329406000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1079662000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
874988000 usd
CY2023Q4 cuz Sec Schedule Iii Real Estate Net
SECScheduleIIIRealEstateNet
5700000000 usd

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