v3.25.2
Variable Interest Entities - Schedule of Consolidated Assets and Liabilities of VIEs (Details)
$ in Thousands
Jun. 30, 2025
USD ($)
asset
Dec. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Assets        
Buildings and improvements $ 16,211,931 $ 16,115,283    
Development costs and construction in progress 1,027,119 880,393    
Land and improvements 2,930,060 2,918,758    
Accumulated depreciation and amortization (4,349,056) (4,083,030)    
Net real estate 15,820,054 15,831,404    
Loans receivable, net 716,529 717,190    
Investments in and advances to unconsolidated joint ventures 963,379 936,814    
Accounts receivable, net 68,741 76,810    
Cash and cash equivalents 89,436 119,818 $ 106,886 $ 117,635
Intangible assets, net 677,101 817,254    
Right-of-use asset, net 426,631 424,173    
Other assets, net 928,836 942,465    
Total assets 19,810,267 19,938,255    
Liabilities        
Term loans 1,646,605 1,646,043    
Senior unsecured notes 6,268,532 6,563,256    
Mortgage debt 351,116 356,750    
Intangible liabilities, net 166,352 191,884    
Lease liability 310,099 307,220    
Accounts payable, accrued liabilities, and other liabilities 738,613 725,342    
Deferred revenue 965,800 940,136    
Total liabilities 11,223,326 10,880,631    
Real estate held for development and sale, net $ 5,000      
Number of asset held for sale | asset 1      
Consolidated Lessees VIE        
Assets        
Buildings and improvements $ 4,756,196 4,669,914    
Development costs and construction in progress 84,599 92,710    
Land and improvements 475,000 472,232    
Accumulated depreciation and amortization (871,527) (761,759)    
Net real estate 4,444,268 4,473,097    
Loans receivable, net 560,904 550,829    
Investments in and advances to unconsolidated joint ventures 29,778 39,946    
Accounts receivable, net 14,346 17,357    
Cash and cash equivalents 38,222 32,421    
Restricted cash 5,188 1,029    
Intangible assets, net 536,847 629,802    
Assets held for sale, net 5,510 0    
Right-of-use asset, net 278,252 270,918    
Other assets, net 175,789 173,435    
Total assets 6,089,104 6,188,834    
Liabilities        
Term loans 401,636 401,895    
Senior unsecured notes 1,160,044 1,151,801    
Mortgage debt 245,650 247,776    
Intangible liabilities, net 85,192 95,315    
Lease liability 203,639 193,421    
Accounts payable, accrued liabilities, and other liabilities 133,347 125,688    
Deferred revenue 65,152 65,358    
Total liabilities $ 2,294,660 $ 2,281,254