v3.25.2
Detail of secured and unsecured debt (Details) - USD ($)
$ in Thousands
6 Months Ended 9 Months Ended
Jun. 30, 2025
Sep. 30, 2024
Feb. 28, 2025
Debt Instrument      
Effective rate (as a percent) 4.01%    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 803,624    
2027 350,000    
2028 425,000    
2029 700,000    
Thereafter 11,100,000    
Principal 13,378,624    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (84,524)    
Total Consolidated $ 13,294,100    
99 Coolidge Avenue | Alexandria      
Debt Instrument      
Noncontrolling Interest, Ownership Percentage by Parent 76.90%    
Secured notes payable      
Debt Instrument      
Effective rate (as a percent) 7.16%    
Future principal payments due on secured and unsecured debt      
Total Consolidated $ 153,500    
Secured notes payable maturing on 11/19/26      
Debt Instrument      
Applicable margin (as a percent) 2.70%    
Effective rate (as a percent) 7.16%    
Maturity Date Nov. 19, 2026    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 153,624    
2027 0    
2028 0    
2029 0    
Thereafter 0    
Principal 153,624    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (124)    
Total Consolidated 153,500    
Secured notes payable maturing on 11/19/26 | 99 Coolidge Avenue      
Debt Instrument      
Debt Instrument, Unused Borrowing Capacity, Amount $ 41,700    
Unsecured Debt      
Debt Instrument      
Effective rate (as a percent) 3.97%    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 650,000    
2027 350,000    
2028 425,000    
2029 700,000    
Thereafter 11,100,000    
Principal 13,225,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (84,400)    
Total Consolidated $ 13,140,600    
Unsecured senior line of credit      
Debt Instrument      
Applicable margin (as a percent) 0.855% 0.875%  
Line of Credit Facility, Maximum Borrowing Capacity $ 5,000,000    
Future principal payments due on secured and unsecured debt      
Total Consolidated $ 0    
4.30% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.30%    
Effective rate (as a percent) 4.50%    
Maturity Date Jan. 15, 2026    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 300,000    
2027 0    
2028 0    
2029 0    
Thereafter 0    
Principal 300,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (284)    
Total Consolidated $ 299,716    
3.80% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 3.80%    
Effective rate (as a percent) 3.96%    
Maturity Date Apr. 15, 2026    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 350,000    
2027 0    
2028 0    
2029 0    
Thereafter 0    
Principal 350,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (408)    
Total Consolidated $ 349,592    
3.95% Unsecured Senior Notes Payable Due in 2027      
Debt Instrument      
Stated interest rate (as a percent) 3.95%    
Effective rate (as a percent) 4.13%    
Maturity Date Jan. 15, 2027    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 350,000    
2028 0    
2029 0    
Thereafter 0    
Principal 350,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (812)    
Total Consolidated $ 349,188    
3.95% Unsecured Senior Notes Payable Due in 2028      
Debt Instrument      
Stated interest rate (as a percent) 3.95%    
Effective rate (as a percent) 4.07%    
Maturity Date Jan. 15, 2028    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 425,000    
2029 0    
Thereafter 0    
Principal 425,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (1,100)    
Total Consolidated $ 423,900    
4.50% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.50%    
Effective rate (as a percent) 4.60%    
Maturity Date Jul. 30, 2029    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 300,000    
Thereafter 0    
Principal 300,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (916)    
Total Consolidated $ 299,084    
2.75% Unsecured Senior Notes Payable Due 2029      
Debt Instrument      
Stated interest rate (as a percent) 2.75%    
Effective rate (as a percent) 2.87%    
Maturity Date Dec. 15, 2029    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 400,000    
Thereafter 0    
Principal 400,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (1,860)    
Total Consolidated $ 398,140    
4.70% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.70%    
Effective rate (as a percent) 4.81%    
Maturity Date Jul. 01, 2030    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 450,000    
Principal 450,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (1,872)    
Total Consolidated $ 448,128    
4.90% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.90%    
Effective rate (as a percent) 5.05%    
Maturity Date Dec. 15, 2030    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 700,000    
Principal 700,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (4,339)    
Total Consolidated $ 695,661    
3.375% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 3.375%    
Effective rate (as a percent) 3.48%    
Maturity Date Aug. 15, 2031    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 750,000    
Principal 750,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (4,027)    
Total Consolidated $ 745,973    
2.00% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 2.00%    
Effective rate (as a percent) 2.12%    
Maturity Date May 18, 2032    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 900,000    
Principal 900,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (6,506)    
Total Consolidated $ 893,494    
1.875% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 1.875%    
Effective rate (as a percent) 1.97%    
Maturity Date Feb. 01, 2033    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 1,000,000    
Principal 1,000,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (6,675)    
Total Consolidated $ 993,325    
2.95% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 2.95%    
Effective rate (as a percent) 3.07%    
Maturity Date Mar. 15, 2034    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 800,000    
Principal 800,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (6,857)    
Total Consolidated $ 793,143    
4.75% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.75%    
Effective rate (as a percent) 4.88%    
Maturity Date Apr. 15, 2035    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 500,000    
Principal 500,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (4,730)    
Total Consolidated $ 495,270    
5.50% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 5.50%    
Effective rate (as a percent) 5.66%    
Maturity Date Oct. 01, 2035    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 550,000    
Principal 550,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (6,624)    
Total Consolidated $ 543,376    
5.25% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 5.25%   5.50%
Effective rate (as a percent) 5.38%    
Maturity Date May 15, 2036    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 400,000    
Principal 400,000   $ 550,000
Unamortized (Deferred Financing Cost), (Discount)/ Premium (3,939)    
Total Consolidated $ 396,061    
4.85% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.85%    
Effective rate (as a percent) 4.93%    
Maturity Date Apr. 15, 2049    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 300,000    
Principal 300,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (2,814)    
Total Consolidated $ 297,186    
4.00% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 4.00%    
Effective rate (as a percent) 3.91%    
Maturity Date Feb. 01, 2050    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 700,000    
Principal 700,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium 9,916    
Total Consolidated $ 709,916    
3.00% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 3.00%    
Effective rate (as a percent) 3.08%    
Maturity Date May 18, 2051    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 850,000    
Principal 850,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (11,034)    
Total Consolidated $ 838,966    
3.55% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 3.55%    
Effective rate (as a percent) 3.63%    
Maturity Date Mar. 15, 2052    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 1,000,000    
Principal 1,000,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (13,450)    
Total Consolidated $ 986,550    
5.15% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 5.15%    
Effective rate (as a percent) 5.26%    
Maturity Date Apr. 15, 2053    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 500,000    
Principal 500,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (7,482)    
Total Consolidated $ 492,518    
5.625% Unsecured Senior Notes Payable      
Debt Instrument      
Stated interest rate (as a percent) 5.625%    
Effective rate (as a percent) 5.71%    
Maturity Date May 15, 2054    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 600,000    
Principal 600,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (6,580)    
Total Consolidated 593,420    
Commercial Paper      
Debt Instrument      
Commercial paper, maximum issuance 2,500,000    
Future principal payments due on secured and unsecured debt      
Principal $ 1,100,000    
Commercial Paper | Unsecured senior line of credit      
Debt Instrument      
Effective rate (as a percent) 4.71%    
Maturity Date Jan. 22, 2030    
Future principal payments due on secured and unsecured debt      
2025 $ 0    
2026 0    
2027 0    
2028 0    
2029 0    
Thereafter 1,100,000    
Principal 1,100,000    
Unamortized (Deferred Financing Cost), (Discount)/ Premium (2,007)    
Total Consolidated $ 1,097,993