v3.25.2
Summary Of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary Of Significant Accounting Policies [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
The Company follows the authoritative guidance for fair value measurements when valuing its financial instruments for disclosure purposes. The table below presents for June 30, 2025 and December 31, 2024, the financial instruments that are being valued for disclosure purposes, as well as the Level at which they are categorized as defined in Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”).
Financial InstrumentLevel
Unsecured commercial paperLevel 1
Investment in securitiesLevel 1
Unsecured senior notes (1)Level 1
Related party notes receivableLevel 3
Notes receivableLevel 3
Sales-type lease receivableLevel 3
Mortgage notes payableLevel 3
Unsecured line of creditLevel 3
Unsecured term loansLevel 3
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(1)If trading volume for the period is low, the valuation could be categorized as Level 2.
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the aggregate carrying value of the Company’s non-recurring fair value financial instruments and the Company’s corresponding estimate of fair value as of June 30, 2025 and December 31, 2024 (in thousands):
 June 30, 2025December 31, 2024
 Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
Related party notes receivable, net$88,825 $87,082 $88,779 $89,213 
Note receivable, net6,711 6,393 4,947 6,187 
Sales-type lease receivable, net15,188 13,812 14,657 13,632 
Total$110,724 $107,287 $108,383 $109,032 
Mortgage notes payable, net$4,278,788 $3,921,571 $4,276,609 $3,808,095 
Unsecured senior notes, net9,800,577 9,385,448 10,645,077 10,005,606 
Unsecured line of credit185,000 182,598 — — 
Unsecured term loans, net796,640 797,470 798,813 799,580 
Unsecured commercial paper750,000 750,000 500,000 500,000 
Total$15,811,005 $15,037,087 $16,220,499 $15,113,281 
Schedule of Derivative Assets at Fair Value [Table Text Block]
The following table presents the aggregate fair value of the Company’s interest rate swaps as of June 30, 2025 and December 31, 2024 (in thousands):
Fair valueJune 30, 2025December 31, 2024
Interest rate swaps$(7,782)$5,252