v3.25.2
Segment Reporting - Reconciliation of NOI to Net Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Reconciliation of NOI to net income          
Net income $ 269,855 $ 236,597 $ 254,007 $ 506,452 $ 427,564
Property management and other indirect operating expenses, net of corporate income 38,153   37,553 74,253 72,757
Expensed transaction, development and other pursuit costs, net of recoveries 2,493   1,417 7,237 5,662
Interest expense, net 64,801   57,078 124,665 111,844
General and administrative expense 22,997   19,586 42,777 39,917
Loss (income) from unconsolidated investments 1,052   (866) 2,051 (8,595)
Structured Investment Program interest income (6,937)   (3,956) (13,050) (7,074)
Depreciation expense 231,730   206,923 449,618 419,192
Income tax benefit (531)   (62) (647) (84)
Casualty and impairment loss 858   0 858 2,935
Gain on sale of communities (99,457)   (68,556) (155,926) (68,486)
Other real estate activity (3,637)   (181) (3,792) (322)
Net operating income from real estate assets sold or held for sale (7,720)   (19,684) (17,797) (40,298)
Net operating income $ 513,657   $ 483,259 $ 1,016,699 $ 955,012
Non-Apartment Components Of Mixed-Use Communities And Other Nonresidential Operations | Operating Income (Loss) | Product Concentration Risk          
Segment Reporting Information [Line Items]          
Concentration risk (as a percent) 1.40%   1.80% 1.70% 1.70%