2024 Q1 Form 10-K Financial Statement

#000095017024016260 Filed on February 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $363.9M $359.6M $1.322B
YoY Change 14.43% 14.34% 8.04%
Cost Of Revenue $107.6M $113.0M $394.8M
YoY Change 20.2% 24.61% 14.11%
Gross Profit $256.3M $246.6M $927.7M
YoY Change 12.16% 10.18% 5.65%
Gross Profit Margin 70.43% 68.59% 70.15%
Selling, General & Admin $26.13M $26.56M $97.81M
YoY Change 3.37% 14.51% 22.41%
% of Gross Profit 10.2% 10.77% 10.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.59M $98.91M $352.3M
YoY Change 17.99% 20.28% 10.19%
% of Gross Profit 38.08% 40.1% 37.97%
Operating Expenses $233.9M $130.2M $459.5M
YoY Change 18.76% 20.73% -38.87%
Operating Profit $22.33M $116.4M $468.2M
YoY Change -29.09% 0.37% 270.46%
Interest Expense -$42.87M -$24.64M -$98.04M
YoY Change -217.79% 11.17% -167.07%
% of Operating Profit -191.97% -21.16% -20.94%
Other Income/Expense, Net -$29.21M -$147.8M
YoY Change -15.12% 235.19%
Pretax Income $100.7M $92.03M $370.9M
YoY Change 16.32% -4.51% -13.39%
Income Tax $895.0K
% Of Pretax Income 0.24%
Net Earnings $109.8M $86.36M $359.5M
YoY Change 12.84% -9.34% -25.55%
Net Earnings / Revenue 30.17% 24.02% 27.18%
Basic Earnings Per Share
Diluted Earnings Per Share $0.58 $0.47 $2.04
COMMON SHARES
Basic Shares Outstanding 184.6M 184.6M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $224.7M $91.35M $91.35M
YoY Change 216.04% 37.44% 37.44%
Cash & Equivalents $230.1M $91.35M $91.35M
Short-Term Investments
Other Short-Term Assets $56.94M $40.64M $40.64M
YoY Change 37.65% 42.01% 42.01%
Inventory $33.57M $18.88M $18.88M
Prepaid Expenses
Receivables $171.4M $173.4M $173.4M
Other Receivables $27.39M $32.76M $32.76M
Total Short-Term Assets $514.0M $316.4M $316.4M
YoY Change 74.8% 11.43% 11.43%
LONG-TERM ASSETS
Property, Plant & Equipment $6.424M $11.09B $11.09B
YoY Change 27.36% 190860.86% 14.06%
Goodwill $167.1M $167.1M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $520.8M $379.3M $379.3M
YoY Change 30.09% -6.33% -6.33%
Other Assets $94.60M $73.40M $73.40M
YoY Change 34.76% -3.94% -3.94%
Total Long-Term Assets $12.14B $12.11B $12.11B
YoY Change 15.46% 14.51% 14.51%
TOTAL ASSETS
Total Short-Term Assets $514.0M $316.4M $316.4M
Total Long-Term Assets $12.14B $12.11B $12.11B
Total Assets $12.65B $12.43B $12.43B
YoY Change 17.08% 14.43% 14.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $344.6M $358.6M $358.6M
YoY Change 19.13% 13.03% 13.03%
Accrued Expenses $245.2M $246.1M $246.1M
YoY Change 15.36% 15.13% 15.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $665.8M $682.7M $682.7M
YoY Change 15.28% 13.56% 13.56%
LONG-TERM LIABILITIES
Long-Term Debt $4.417B $4.154B $4.154B
YoY Change 18.05% 11.46% 11.46%
Other Long-Term Liabilities $389.9M $398.3M $398.3M
YoY Change 12.39% 12.45% 12.45%
Total Long-Term Liabilities $4.807B $4.552B $4.552B
YoY Change 17.57% 11.55% 11.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $665.8M $682.7M $682.7M
Total Long-Term Liabilities $4.807B $4.552B $4.552B
Total Liabilities $5.473B $5.394B $5.394B
YoY Change 17.29% 15.21% 13.25%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.848M $1.846M
YoY Change 8.07% 7.89%
Preferred Stock
YoY Change
Treasury Stock (at cost) $26.32M $25.49M
YoY Change 2.42% 4.2%
Treasury Stock Shares
Shareholders Equity $7.020B $7.033B $7.033B
YoY Change
Total Liabilities & Shareholders Equity $12.65B $12.43B $12.43B
YoY Change 17.08% 14.43% 14.43%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $109.8M $86.36M $359.5M
YoY Change 12.84% -9.34% -25.55%
Depreciation, Depletion And Amortization $97.59M $98.91M $352.3M
YoY Change 17.99% 20.28% 10.19%
Cash From Operating Activities $167.8M $171.9M $719.6M
YoY Change 3.49% 34.75% 9.72%
INVESTING ACTIVITIES
Capital Expenditures $65.01M $121.2M $291.4M
YoY Change 43.9% 17.98% -27.4%
Acquisitions $82.39M
YoY Change
Other Investing Activities -$77.33M $10.78M -$50.62M
YoY Change -1362.94% 26.63% -125.93%
Cash From Investing Activities -$142.3M -$110.5M -$342.0M
YoY Change 264.5% 17.2% 65.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 113.3M -51.17M -355.0M
YoY Change -191.63% -57.19% -25.41%
NET CHANGE
Cash From Operating Activities 167.8M 171.9M 719.6M
Cash From Investing Activities -142.3M -110.5M -342.0M
Cash From Financing Activities 113.3M -51.17M -355.0M
Net Change In Cash 138.7M 10.28M 22.58M
YoY Change -22018.96% -111.93% -186.01%
FREE CASH FLOW
Cash From Operating Activities $167.8M $171.9M $719.6M
Capital Expenditures $65.01M $121.2M $291.4M
Free Cash Flow $102.8M $50.68M $428.2M
YoY Change -12.12% 104.17% 68.27%

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CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
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ProfitLoss
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CY2022 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
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CY2021 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
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CY2021 reg Common Stock Issued Repurchased For Taxes Withheld For Stock Based Compensation Net
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CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2022 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
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CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2022 reg Common Stock Issued Repurchased For Taxes Withheld For Stock Based Compensation Net
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CY2022 us-gaap Stock Repurchased And Retired During Period Value
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CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2022 us-gaap Stock Issued During Period Value New Issues
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CY2022 reg Reallocation Of Noncontrolling Interest Net Of Transaction Costs
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CY2022 us-gaap Partners Capital Account Distributions
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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ProfitLoss
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CY2023 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023 reg Common Stock Issued Repurchased For Taxes Withheld For Stock Based Compensation Net
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CY2023 us-gaap Stock Repurchased And Retired During Period Value
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CY2023 us-gaap Stock Repurchased During Period Value
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CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2023 us-gaap Stock Issued During Period Value New Issues
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CY2023 reg Issuance Of Exchangeable Operating Partnership Value
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CY2023 us-gaap Stock Issued During Period Value Acquisitions
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PartnersCapitalAccountContributions
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CY2023 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
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DividendsPreferredStockCash
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CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2023 us-gaap Dividends Common Stock Cash
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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CY2023 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
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CY2022 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
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CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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GainLossOnSaleOfProperties
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CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
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CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2023 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2021 reg Paymentsfor Proceedsfrom Settlementof Derivative Instrument
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CY2023 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
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CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
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DebtAndEquitySecuritiesGainLoss
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CY2022 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
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CY2021 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
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CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
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CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
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CY2023 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
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CY2022 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
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CY2021 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2023 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2022 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2021 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
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CY2022 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
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CY2021 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
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CY2023 reg Payments For Proceeds From Acquisition Of Operating Real Estate
PaymentsForProceedsFromAcquisitionOfOperatingRealEstate
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CY2022 reg Payments For Proceeds From Acquisition Of Operating Real Estate
PaymentsForProceedsFromAcquisitionOfOperatingRealEstate
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CY2021 reg Payments For Proceeds From Acquisition Of Operating Real Estate
PaymentsForProceedsFromAcquisitionOfOperatingRealEstate
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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2023 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
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CY2021 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
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ProceedsFromCollectionOfLoansReceivable
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CY2022 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
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CY2023 us-gaap Payments To Acquire Partners Interest In Real Estate Partnership Net Of Cash Acquired
PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired
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CY2022 us-gaap Payments To Acquire Partners Interest In Real Estate Partnership Net Of Cash Acquired
PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired
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CY2021 us-gaap Payments To Acquire Partners Interest In Real Estate Partnership Net Of Cash Acquired
PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired
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CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
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CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
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CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
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CY2023 reg Payments For Proceeds From Dividends On Trading Securities Held In Trust
PaymentsForProceedsFromDividendsOnTradingSecuritiesHeldInTrust
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CY2022 reg Payments For Proceeds From Dividends On Trading Securities Held In Trust
PaymentsForProceedsFromDividendsOnTradingSecuritiesHeldInTrust
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CY2021 reg Payments For Proceeds From Dividends On Trading Securities Held In Trust
PaymentsForProceedsFromDividendsOnTradingSecuritiesHeldInTrust
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CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
21112000
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
61284000
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7662000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6447000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4083000
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20006000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2023 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
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CY2022 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
64000
CY2021 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
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CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
7245000
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4345000
CY2023 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2368000
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
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CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
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CY2023 reg Redemption Of Exchangeable Operating Partnership Units
RedemptionOfExchangeableOperatingPartnershipUnits
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CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3413000
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
557000000
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
405000000
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
95000000
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
265000000
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6745000
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
42014000
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11235000
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11219000
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11255000
CY2023 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
526000
CY2022 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
88000
CY2021 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
7468000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22578000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-26251000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-283423000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68776000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95027000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
378450000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91354000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68776000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95027000
CY2023 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
5695000
CY2022 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
4166000
CY2021 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
4202000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
147176000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
141359000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
140084000
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
570000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
378000
CY2023 reg Common Stock And Exchangeable Operating Partnership Dividends Declared But Not Paid
CommonStockAndExchangeableOperatingPartnershipDividendsDeclaredButNotPaid
126683000
CY2022 reg Common Stock And Exchangeable Operating Partnership Dividends Declared But Not Paid
CommonStockAndExchangeableOperatingPartnershipDividendsDeclaredButNotPaid
111709000
CY2021 reg Common Stock And Exchangeable Operating Partnership Dividends Declared But Not Paid
CommonStockAndExchangeableOperatingPartnershipDividendsDeclaredButNotPaid
107480000
CY2022 reg Non Cash Or Part Non Cash Acquisition Of Real Estate Previously Held Within Investments In Real Estate Partnerships
NonCashOrPartNonCashAcquisitionOfRealEstatePreviouslyHeldWithinInvestmentsInRealEstatePartnerships
17179000
CY2021 reg Non Cash Or Part Non Cash Acquisition Of Real Estate Previously Held Within Investments In Real Estate Partnerships
NonCashOrPartNonCashAcquisitionOfRealEstatePreviouslyHeldWithinInvestmentsInRealEstatePartnerships
-4609000
CY2023 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
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CY2022 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
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CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
111104000
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
36577000
CY2023 us-gaap Sales Type Lease Net Investment In Lease Sale
SalesTypeLeaseNetInvestmentInLeaseSale
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CY2023 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
199000
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
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CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
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CY2023 reg Issuance Of Exchangeable Operating Partnership Value
IssuanceOfExchangeableOperatingPartnershipValue
31253000
CY2021 reg Real Estate Received In Lieu Of Promote Interest
RealEstateReceivedInLieuOfPromoteInterest
13589000
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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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
10188000
CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
622000
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2023 reg Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
954000
CY2022 reg Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
735000
CY2021 reg Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
666000
CY2023 us-gaap Distributions Payable To Real Estate Partnerships
DistributionsPayableToRealEstatePartnerships
920000
CY2022 us-gaap Payments For Proceeds From Limited Partnership
PaymentsForProceedsFromLimitedPartnership
5436000
CY2022 reg Reallocation Of Equity Upon Acquisition Of Limited Partners Interest In Consolidated Partnership
ReallocationOfEquityUponAcquisitionOfLimitedPartnersInterestInConsolidatedPartnership
6266000
CY2023 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
1193000
CY2022 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
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CY2021 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
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CY2023 reg Stock Deferred Into Trust
StockDeferredIntoTrust
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CY2022 reg Stock Deferred Into Trust
StockDeferredIntoTrust
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CY2021 reg Stock Deferred Into Trust
StockDeferredIntoTrust
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CY2023 reg Stock Distributed Out Of Trust
StockDistributedOutOfTrust
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CY2022 reg Stock Distributed Out Of Trust
StockDistributedOutOfTrust
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CY2021 reg Stock Distributed Out Of Trust
StockDistributedOutOfTrust
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CY2023 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
338000
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
1658000
CY2021 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
513000
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
99000
CY2023Q4 reg Unsecured Public And Private Notes
UnsecuredPublicAndPrivateNotes
200000000
CY2023 us-gaap Conversion Of Stock Description
ConversionOfStockDescription
The combined company continues to trade under the ticker symbol “REG” on the National Association of Securities Dealers Automated Quotations (the “NASDAQ”). The closing of the mergers completed on August 18, 2023 and each share of Urstadt Biddle’s common stock, par value $0.01 per share (“Urstadt Biddle common stock”), class A common stock, par value $0.01 per share (“Urstadt Biddle Class A common stock” and, together with Urstadt Biddle common stock, the “Urstadt Biddle common shares”), 6.25% Series H Cumulative Redeemable Preferred Stock and 5.875% Series K Cumulative Redeemable Preferred Stock converted into one equivalent share in UB Sub I, with respect to each class, subject to limited exceptions set forth in the merger agreement. Immediately thereafter, on August 18, 2023, each share of UB Sub I’s common stock, par value $0.01 per share, and class A common stock, par value $0.01 per share, converted into 0.347 of a share of common stock, par value $0.01 per share, of common stock of the Parent Company, without interest and subject to certain adjustments, subject to limited exceptions set forth in the merger agreement, and each share of UB Sub I’s 6.25% Series H Cumulative Redeemable Preferred Stock and 5.875% Series K Cumulative Redeemable Preferred Stock was converted into one share of newly issued Parent Company 6.25% Series A Cumulative Redeemable Preferred Stock (“Parent Company Series A preferred stock”) and 5.875% Series B Cumulative Redeemable Preferred Stock (“Parent Company Series B preferred stock”), respectively (collectively referred to as the “Preferred Stock”).
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-left:6.667%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Estimates, Risks, and Uncert</span><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">ainties</span></p><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of commitments and 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. The most significant estimates in the Company's financial statements relate to the net carrying values of its real estate investments, collectibility of lease income, and acquired lease intangible assets and liabilities. It is possible that the estimates and assumptions that have been utilized in the preparation of the Consolidated Financial Statements could change significantly if economic conditions were to weaken</span>
CY2023Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
185688524
CY2023Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
88794000
CY2022Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
24364000
CY2023Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
206162000
CY2022Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
188863000
CY2023 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
26954000
CY2022 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
25851000
CY2021 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
40337000
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
100000
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
600000
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1500000
CY2023 reg Cash And Cash Equivalents And Restricted Original Maturity
CashAndCashEquivalentsAndRestrictedOriginalMaturity
90 days or less
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-left:3.333%;display:flex;margin-top:9pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:3.333%;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.447919145106397%;display:inline-flex;justify-content:flex-start;">(l)</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Business Concentration</span></div></div><p style="margin-left:6.667%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Grocer anchor tenants represent approximately </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">20.0</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> of Pro-rata annual base rent. </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">No</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> single tenant accounts for </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">10</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% or more of revenue and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">none</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> of the shopping centers are located outside the United States.</span></p>
CY2023 reg Percentage Of Pro Rata Annual Base Rent
PercentageOfProRataAnnualBaseRent
0.20
CY2023Q4 reg Number Of Tenants
NumberOfTenants
0
CY2023 reg Number Of Shopping Center
NumberOfShoppingCenter
0
CY2023 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
83563000
CY2023Q4 reg Percentage Of Purchase Price And Allocation
PercentageOfPurchasePriceAndAllocation
1
CY2022 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
241253000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
22779000
CY2022Q4 reg Percentage Of Purchase Price And Allocation
PercentageOfPurchasePriceAndAllocation
1
CY2022Q4 reg Percentage Of Purchase Price Of Property
PercentageOfPurchasePriceOfProperty
0.25
CY2023 reg Net Proceeds From Sale Of Real Estate Held For Investment
NetProceedsFromSaleOfRealEstateHeldForInvestment
11167000
CY2022 reg Net Proceeds From Sale Of Real Estate Held For Investment
NetProceedsFromSaleOfRealEstateHeldForInvestment
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CY2021 reg Net Proceeds From Sale Of Real Estate Held For Investment
NetProceedsFromSaleOfRealEstateHeldForInvestment
206193000
CY2023 reg Gain Loss On Sale Of Properties Net Of Applicable Income Taxes1
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes1
661000
CY2022 reg Gain Loss On Sale Of Properties Net Of Applicable Income Taxes1
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes1
109005000
CY2021 reg Gain Loss On Sale Of Properties Net Of Applicable Income Taxes1
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes1
91119000
CY2023 reg Real Estate Partnerships Numberof Properties
RealEstatePartnershipsNumberofProperties
101
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
370605000
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
50541000
CY2022 reg Real Estate Partnerships Numberof Properties
RealEstatePartnershipsNumberofProperties
96
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
350377000
CY2022Q4 reg Assets Of Real Estate Partnership
AssetsOfRealEstatePartnership
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
59824000
CY2022 reg Net Income Of Real Estate Partnership
NetIncomeOfRealEstatePartnership
173166000
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
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CY2023Q4 reg Percentage Of Purchase Price And Allocation
PercentageOfPurchasePriceAndAllocation
1
CY2022Q4 reg Percentage Of Purchase Price And Allocation
PercentageOfPurchasePriceAndAllocation
1
CY2023 reg Long Term Debt Maturity Period
LongTermDebtMaturityPeriod
2034
CY2023Q4 reg Percent Of Long Term Debt With Fixed Interest Rate
PercentOfLongTermDebtWithFixedInterestRate
0.954
CY2023Q4 reg Long Term Debt Weighted Average Fixed Interest Rate
LongTermDebtWeightedAverageFixedInterestRate
0.038
CY2023Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2023Q4 us-gaap Investments
Investments
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CY2022Q4 us-gaap Investments
Investments
54581000
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
40635000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
28615000
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
14213000
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
6575000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6662000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5808000
CY2023Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
2865000
CY2022Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
5156000
CY2023Q4 us-gaap Other Assets
OtherAssets
283429000
CY2022Q4 us-gaap Other Assets
OtherAssets
267797000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
300496000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
133434000
CY2022Q4 us-gaap Goodwill
Goodwill
167062000
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
300529000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
133434000
CY2021Q4 us-gaap Goodwill
Goodwill
167095000
CY2023 reg Goodwill Gross Allocated To Properties Held For Sale
GoodwillGrossAllocatedToPropertiesHeldForSale
-5972000
CY2023 reg Goodwill Accumulated Impairment Losses Allocated To Properties Held For Sale
GoodwillAccumulatedImpairmentLossesAllocatedToPropertiesHeldForSale
5972000
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
294524000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
127462000
CY2023Q4 us-gaap Goodwill
Goodwill
167062000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
300496000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
133434000
CY2022Q4 us-gaap Goodwill
Goodwill
167062000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
647788000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
535798000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
364413000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
338053000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
283375000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
197745000
CY2023Q4 reg Finite Lived Intangible Liabilities Accumulated Accretion
FiniteLivedIntangibleLiabilitiesAccumulatedAccretion
-211067000
CY2022Q4 reg Finite Lived Intangible Liabilities Accumulated Accretion
FiniteLivedIntangibleLiabilitiesAccumulatedAccretion
-193315000
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
398302000
CY2022Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
354204000
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50673000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40396000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
39108000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
45098000
CY2023 reg Future Accretion Year One
FutureAccretionYearOne
22598000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
33012000
CY2023 reg Future Accretion Year Two
FutureAccretionYearTwo
21953000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
26791000
CY2023 reg Future Accretion Year Three
FutureAccretionYearThree
21216000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
21185000
CY2023 reg Future Accretion Year Four
FutureAccretionYearFour
20207000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
16764000
CY2023 reg Future Accretion Year Five
FutureAccretionYearFive
20065000
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
928364000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
851409000
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
797502000
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
324037000
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
287149000
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
262619000
CY2023 reg Amount Of Lease Revenue Determined To Be Uncollectible Straight Line Rent
AmountOfLeaseRevenueDeterminedToBeUncollectibleStraightLineRent
1261000
CY2022 reg Amount Of Lease Revenue Determined To Be Uncollectible Straight Line Rent
AmountOfLeaseRevenueDeterminedToBeUncollectibleStraightLineRent
12510000
CY2021 reg Amount Of Lease Revenue Determined To Be Uncollectible Straight Line Rent
AmountOfLeaseRevenueDeterminedToBeUncollectibleStraightLineRent
5227000
CY2023 reg Amount Of Lease Revenue Determined To Be Uncollectible And Charged To Lease Income
AmountOfLeaseRevenueDeterminedToBeUncollectibleAndChargedToLeaseIncome
-549000
CY2022 reg Amount Of Lease Revenue Determined To Be Uncollectible And Charged To Lease Income
AmountOfLeaseRevenueDeterminedToBeUncollectibleAndChargedToLeaseIncome
13841000
CY2021 reg Amount Of Lease Revenue Determined To Be Uncollectible And Charged To Lease Income
AmountOfLeaseRevenueDeterminedToBeUncollectibleAndChargedToLeaseIncome
23481000
CY2023 us-gaap Lease Income
LeaseIncome
1283939000
CY2022 us-gaap Lease Income
LeaseIncome
1187452000
CY2021 us-gaap Lease Income
LeaseIncome
1113368000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
972980000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
872330000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
757633000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
633290000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
480640000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1740783000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
5457656000
CY2023Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
21
CY2023 reg Last Ground Lease Expiration Date
LastGroundLeaseExpirationDate
2121
CY2023 reg Last Office Lease Expiration Date
LastOfficeLeaseExpirationDate
2029
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
18830000
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
371000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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1893000
CY2022Q4 us-gaap Deferred Tax Assets Other
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1893000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1007000
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1893000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1007000
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0
CY2022Q4 us-gaap Deferred Tax Assets Net
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0
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CY2023Q4 us-gaap Line Of Credit
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1864200000
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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30884000
CY2023Q4 us-gaap Long Term Debt
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CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
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12878000
CY2022Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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20061000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
5391000
CY2023 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2022 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
833000
CY2021 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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4141000
CY2023 us-gaap Interest Expense
InterestExpense
154249000
CY2022 us-gaap Interest Expense
InterestExpense
146186000
CY2021 us-gaap Interest Expense
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145170000
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
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99000
CY2023 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
10600000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
2109000
CY2023Q4 us-gaap Notes Payable
NotesPayable
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CY2022Q4 us-gaap Notes Payable
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CY2023Q4 us-gaap Line Of Credit
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152000000
CY2023 us-gaap Debt And Equity Securities Unrealized Gain Loss
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4200000
CY2022 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-8000000
CY2021 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
1700000
CY2023Q4 reg Common Stock Number Of Shares Remaining Available For Issuance
CommonStockNumberOfSharesRemainingAvailableForIssuance
500000000
CY2023 us-gaap Stock Repurchase Program Period In Force1
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P2Y
CY2023Q4 us-gaap Stock Repurchase Program Authorized Amount1
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250000000
CY2023 us-gaap Stock Repurchase Program Expiration Date
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2025-02-07
CY2023 reg Issuance Of Exchangeable Operating Partnership Units
IssuanceOfExchangeableOperatingPartnershipUnits
520589
CY2023 reg Issuance Of Exchangeable Operating Partnership Value
IssuanceOfExchangeableOperatingPartnershipValue
31300000
CY2023 reg Operating Partnership Number Of Properties Acquired
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2
CY2023Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
184581000
CY2022Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
171125000
CY2023Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1108000
CY2022Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
741000
CY2023Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
185689000
CY2022Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
171866000
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
954000
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
735000
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
666000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5000000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4100000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4550
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4310
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4260
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0375
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0139
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0018
CY2023 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
1
CY2023 reg Profit Sharing Contribution Vesting Period
ProfitSharingContributionVestingPeriod
P3Y
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5300000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4400000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4100000
CY2023Q4 reg Letters Of Credit Maximum Borrowing Capacity Under Line
LettersOfCreditMaximumBorrowingCapacityUnderLine
50000000
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
8500000
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
9400000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
5506209000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
6848826000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
1099356000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
5561362000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
7893029000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13454391000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2691386000
CY2023Q4 us-gaap Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
10763005000
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
757833000
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
10800000000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
11858064000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
11495581000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
11101858000
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
1445428000
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
224653000
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
479708000
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
206085000
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
171629000
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
172012000
CY2023 reg Real Estate Building And Tenant Improvements Disposal
RealEstateBuildingAndTenantImprovementsDisposal
14149000
CY2022 reg Real Estate Building And Tenant Improvements Disposal
RealEstateBuildingAndTenantImprovementsDisposal
29523000
CY2021 reg Real Estate Building And Tenant Improvements Disposal
RealEstateBuildingAndTenantImprovementsDisposal
10898000
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
19366000
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
4276000
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
107090000
CY2023 reg Real Estate Properties Held For Sale
RealEstatePropertiesHeldForSale
21671000
CY2021 reg Real Estate Properties Held For Sale
RealEstatePropertiesHeldForSale
50873000
CY2021 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
89136000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13454391000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
11858064000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
11495581000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2415860000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2174963000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1994108000
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
293705000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
270520000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
253437000
CY2023 reg Real Estate Accumulated Depreciation Building And Tenant Improvements Disposal
RealEstateAccumulatedDepreciationBuildingAndTenantImprovementsDisposal
14149000
CY2022 reg Real Estate Accumulated Depreciation Building And Tenant Improvements Disposal
RealEstateAccumulatedDepreciationBuildingAndTenantImprovementsDisposal
29523000
CY2021 reg Real Estate Accumulated Depreciation Building And Tenant Improvements Disposal
RealEstateAccumulatedDepreciationBuildingAndTenantImprovementsDisposal
10898000
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
569000
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
100000
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
28715000
CY2023 reg Real Estate Accumulated Depreciation Properties Held For Sale
RealEstateAccumulatedDepreciationPropertiesHeldForSale
3461000
CY2021 reg Real Estate Accumulated Depreciation Properties Held For Sale
RealEstateAccumulatedDepreciationPropertiesHeldForSale
28110000
CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
4859000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2691386000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2415860000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2174963000
CY2023Q4 ecd Trd Arr Ind Name
TrdArrIndName
Martin E. Stein Jr
CY2023Q4 ecd Trd Arr Ind Title
TrdArrIndTitle
Executive Chairman

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