v3.25.2
Indebtedness - Schedule of Outstanding Indebtedness (Details)
$ in Thousands
 1 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
property
Jun. 30, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
property
Debt Instrument [Line Items]      
Total principal balance $ 4,223,519 $ 4,223,519 $ 4,307,829
Interest rate (as a percent) 5.43% 5.43% 5.51%
Net book value of collateral $ 4,564,381 $ 4,564,381 $ 4,620,037
Unamortized debt issuance costs (23,205) (23,205) (7,292)
Total indebtedness, net $ 4,200,314 $ 4,200,314 $ 4,300,537
Floating | Floating Rate Loan, 6.71%, due in 2025      
Debt Instrument [Line Items]      
Number of properties used as collateral | property 104   104
Total principal balance     $ 1,235,000
Interest rate (as a percent)     6.71%
Net book value of collateral     $ 1,017,228
Floating | Floating Rate Loan, 5.87%, due in 2026      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   82  
Total principal balance $ 1,400,000 $ 1,400,000  
Interest rate (as a percent) 5.87% 5.87%  
Net book value of collateral $ 1,775,326 $ 1,775,326  
Floating | Floating Rate Loan, 5.81%, due in 2025      
Debt Instrument [Line Items]      
Number of properties used as collateral | property     82
Total principal balance     $ 1,400,000
Interest rate (as a percent)     5.81%
Net book value of collateral     $ 1,802,396
Fixed | Floating Rate Loan, 6.71%, due in 2025      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   186  
Total principal balance $ 650,000 $ 650,000  
Interest rate (as a percent) 4.31% 4.31%  
Net book value of collateral $ 490,115 $ 490,115  
Fixed | Fixed Rate Loan, 6.40%, due in 2030      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   101  
Total principal balance $ 1,160,000 $ 1,160,000  
Interest rate (as a percent) 6.40% 6.40%  
Net book value of collateral $ 1,002,066 $ 1,002,066  
Fixed | Fixed rate loan, 4.31%, due in 2029      
Debt Instrument [Line Items]      
Number of properties used as collateral | property     186
Total principal balance     $ 650,000
Interest rate (as a percent)     4.31%
Net book value of collateral     $ 490,454
Fixed | Fixed rate loan, 4.42%, due in 2032      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   17 17
Total principal balance $ 700,000 $ 700,000 $ 700,000
Interest rate (as a percent) 4.42% 4.42% 4.42%
Net book value of collateral $ 488,492 $ 488,492 $ 491,143
Fixed | Fixed rate loan, 6.25% due in 2030      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   4 4
Total principal balance $ 91,000 $ 91,000 $ 91,000
Interest rate (as a percent) 6.25% 6.25% 6.25%
Net book value of collateral $ 175,718 $ 175,718 $ 178,465
Fixed | Fixed rate loan, 3.67% due in 2031      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 9,321 $ 9,321 $ 10,020
Interest rate (as a percent) 3.67% 3.67% 3.67%
Net book value of collateral $ 28,582 $ 28,582 $ 28,363
Fixed | Fixed rate loan, 4.14%, due in 2032      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 10,976 $ 10,976 $ 11,636
Interest rate (as a percent) 4.14% 4.14% 4.14%
Net book value of collateral $ 41,609 $ 41,609 $ 42,242
Fixed | Fixed rate loan, 4.02%, due in 2033      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 24,952 $ 24,952 $ 26,200
Interest rate (as a percent) 4.02% 4.02% 4.02%
Net book value of collateral $ 81,268 $ 81,268 $ 82,443
Fixed | Fixed rate loan, 4.13%, due in 2033      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 34,965 $ 34,965 $ 36,684
Interest rate (as a percent) 4.13% 4.13% 4.13%
Net book value of collateral $ 127,065 $ 127,065 $ 127,960
Fixed | Fixed rate loan, 3.10%, due in 2035      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 21,717 $ 21,717 $ 22,637
Interest rate (as a percent) 3.10% 3.10% 3.10%
Net book value of collateral $ 44,426 $ 44,426 $ 45,070
Fixed | Fixed rate loan, 2.95%, due in 2036      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 35,247 $ 35,247 $ 36,655
Interest rate (as a percent) 2.95% 2.95% 2.95%
Net book value of collateral $ 94,927 $ 94,927 $ 96,321
Fixed | Fixed rate loan, 4.27%, due in 2037      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 40,274 $ 40,274 $ 41,491
Interest rate (as a percent) 4.27% 4.27% 4.27%
Net book value of collateral $ 106,005 $ 106,005 $ 107,606
Fixed | Fixed rate loan, 3.25%, due in 2038      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance $ 45,067 $ 45,067 $ 46,506
Interest rate (as a percent) 3.25% 3.25% 3.25%
Net book value of collateral $ 108,782 $ 108,782 $ 110,346