v3.25.4
Shareholders' Equity - Summary of Non-controlling Interests (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance $ 10,342,366 $ 10,084,289 $ 9,525,373
Contributions 9,983 9,038 11,855
Distributions (541,262) (476,632) (487,721)
Other exchanges 0 0 0
Internalization 60,778    
Net income 1,324,192 1,330,813 1,700,088
Ending balance 9,714,939 10,342,366 10,084,289
Non-Controlling Interests      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 3,395,785 3,557,792 3,897,223
Contributions 9,983 9,038 11,855
Distributions (541,262) (476,632) (487,721)
Other exchanges (345,657) (166,243) (428,808)
Share-based compensation 108,945    
Internalization 57,000    
Net income 553,245 471,830 565,254
Purchase of non-controlling interest in RPCT     (11)
Ending balance 3,238,039 3,395,785 3,557,792
Non-Controlling Interests | RPSFT      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 0 0 (597)
Contributions 0 0 0
Distributions 0 0 (4,437)
Other exchanges 0 0 0
Share-based compensation 0    
Internalization 0    
Net income 0 0 5,045
Purchase of non-controlling interest in RPCT     (11)
Ending balance 0 0 0
Non-Controlling Interests | Legacy Investors Partnerships      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 1,188,340 1,339,716 1,527,887
Contributions 7,643 5,161 7,981
Distributions (345,188) (351,474) (363,635)
Other exchanges 0 0 0
Share-based compensation 0    
Internalization 0    
Net income 232,524 194,937 167,483
Purchase of non-controlling interest in RPCT     0
Ending balance 1,083,319 1,188,340 1,339,716
Non-Controlling Interests | Continuing Investors Partnerships      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 2,207,445 2,218,076 2,369,933
Contributions 2,340 3,877 3,874
Distributions (119,683) (125,158) (119,649)
Other exchanges (521,579) (166,243) (428,808)
Share-based compensation 0    
Internalization 0    
Net income 231,260 276,893 392,726
Purchase of non-controlling interest in RPCT     0
Ending balance 1,799,783 2,207,445 2,218,076
Non-Controlling Interests | Founder’s Equity      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 0 0 0
Contributions 0 0 0
Distributions (60,243) 0 0
Other exchanges 0 0 0
Share-based compensation 0    
Internalization 0    
Net income 60,243 0 0
Purchase of non-controlling interest in RPCT     0
Ending balance 0 0 0
Non-Controlling Interests | RP Holdings Class E Interests Holders      
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]      
Beginning balance 0 0 0
Contributions 0 0 0
Distributions (16,148) 0 0
Other exchanges 175,922 0 0
Share-based compensation 108,945    
Internalization 57,000    
Net income 29,218 0 0
Purchase of non-controlling interest in RPCT     0
Ending balance $ 354,937 $ 0 $ 0