v3.25.4
Debt - Summary (Details)
$ in Thousands
12 Months Ended
Sep. 15, 2025
Mar. 25, 2024
extension
Dec. 31, 2025
USD ($)
extension
extention
Rate
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Feb. 05, 2026
Jun. 13, 2025
Feb. 20, 2025
Sep. 10, 2024
extention
Debt Instrument [Line Items]                  
Principal outstanding     $ 3,254,315 $ 3,029,135          
Long term debt     3,266,099 3,038,322          
Total unamortized deferred financing fees and debt issuance costs     $ (11,665) (9,060)          
Weighted average interest rate | Rate     4.21%            
Commitment fee amount     $ 1,000,000            
Remaining borrowing capacity     $ 734,800            
Minimum                  
Debt Instrument [Line Items]                  
Commitment fee percentage     0.10%            
Maximum                  
Debt Instrument [Line Items]                  
Commitment fee percentage     0.30%            
Interest Rate Swaps                  
Debt Instrument [Line Items]                  
Derivative notional amount swapped     $ 1,025,000            
Interest Expense [Member]                  
Debt Instrument [Line Items]                  
Commitment fee amount     1,761 1,765 $ 1,759        
Accounts Payable and Accrued Liabilities [Member]                  
Debt Instrument [Line Items]                  
Interest payable     $ 11,900 13,700          
Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Stated interest rate     3.688%            
Daily Simple Secured Overnight Financing Rate SOFR                  
Debt Instrument [Line Items]                  
Stated interest rate     3.87%            
Unsecured credit facility:                  
Debt Instrument [Line Items]                  
Principal outstanding     $ 262,000 409,000          
Maturity Date     Sep. 07, 2029            
Unsecured Term Loan A                  
Debt Instrument [Line Items]                  
Maturity Date     Mar. 15, 2027            
Unsecured Term Loan F                  
Debt Instrument [Line Items]                  
Maturity Date     Mar. 23, 2029            
Number of extensions | extension   2 2            
Extension period   1 year 1 year            
Unsecured Term Loan F | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Interest rate margin (as a percent)     0.85%            
Unsecured Term Loan G                  
Debt Instrument [Line Items]                  
Extension period     1 year            
Series D Unsecured Notes                  
Debt Instrument [Line Items]                  
Stated interest rate               4.32%  
Maturity Date     Feb. 20, 2025            
Series G Unsecured Notes                  
Debt Instrument [Line Items]                  
Stated interest rate             4.10%    
Maturity Date     Jun. 13, 2025            
Series B Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jul. 01, 2026            
Series C Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Dec. 30, 2026            
Series E Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Feb. 20, 2027            
Series H Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jun. 13, 2028            
Series L Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     May 28, 2029            
Series O Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jun. 25, 2030            
Series M Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     May 28, 2031            
Series I Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Sep. 29, 2031            
Series K Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jun. 28, 2032            
Series P Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jun. 25, 2033            
Series J Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Sep. 28, 2033            
Series N Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     May 28, 2034            
Series Q Unsecured Notes                  
Debt Instrument [Line Items]                  
Maturity Date     Jun. 25, 2035            
United of Omaha Life Insurance Company                  
Debt Instrument [Line Items]                  
Maturity Date     Oct. 01, 2039            
Term Loans A,G, H and I | Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Interest rate margin (as a percent) | Rate     0.85%            
Unsecured credit facility:                  
Debt Instrument [Line Items]                  
Principal outstanding     $ 262,000 409,000          
Interest rate margin (as a percent) | Rate     0.775%            
Maximum borrowing capacity     $ 1,000,000            
Number of extensions | extention     2           2
Extension period     6 months            
Unsecured credit facility: | Subsequent Event | Scenario, Plan                  
Debt Instrument [Line Items]                  
Stated interest rate           3.94%      
Unsecured credit facility: | Prepaid Expenses and Other Assets                  
Debt Instrument [Line Items]                  
Total unamortized deferred financing fees and debt issuance costs     $ (7,300) (10,100)          
Unsecured credit facility: | Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Interest rate margin (as a percent)     0.775%            
Unsecured Term Loans                  
Debt Instrument [Line Items]                  
Long term debt     $ 1,025,000 1,025,000          
Total unamortized deferred financing fees and debt issuance costs     (3,659) (3,152)          
Unsecured Term Loans | Unsecured term loans:                  
Debt Instrument [Line Items]                  
Principal outstanding     1,021,341 1,021,848          
Unsecured Term Loans | Unsecured Term Loan A                  
Debt Instrument [Line Items]                  
Long term debt     $ 150,000 150,000          
Stated interest rate | Rate     2.06%            
Unsecured Term Loans | Unsecured Term Loan H                  
Debt Instrument [Line Items]                  
Long term debt     $ 187,500 187,500          
Stated interest rate | Rate     3.25%            
Maturity Date     Jan. 25, 2028            
Unsecured Term Loans | Unsecured Term Loan I                  
Debt Instrument [Line Items]                  
Long term debt     $ 187,500 187,500          
Stated interest rate | Rate     3.41%            
Maturity Date     Jan. 25, 2028            
Unsecured Term Loans | Unsecured Term Loan F                  
Debt Instrument [Line Items]                  
Long term debt     $ 200,000 200,000          
Stated interest rate | Rate     4.73%            
Unsecured Term Loans | Unsecured Term Loan G                  
Debt Instrument [Line Items]                  
Long term debt     $ 300,000 300,000          
Stated interest rate | Rate     1.70%            
Maturity Date     Mar. 14, 2031            
Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 1,975,000 1,600,000          
Total unamortized deferred financing fees and debt issuance costs     (8,006) (5,908)          
Unsecured Notes | Unsecured Term Loan G                  
Debt Instrument [Line Items]                  
Stated interest rate 0.125%                
Extension period 1 year                
Unsecured Notes | Unsecured notes:                  
Debt Instrument [Line Items]                  
Principal outstanding     1,966,994 1,594,092          
Unsecured Notes | Series D Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 0 100,000          
Stated interest rate | Rate     4.32%            
Unsecured Notes | Series G Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 0 75,000          
Stated interest rate | Rate     4.10%            
Unsecured Notes | Series B Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 50,000 50,000          
Stated interest rate | Rate     4.98%            
Unsecured Notes | Series C Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 80,000 80,000          
Stated interest rate | Rate     4.42%            
Unsecured Notes | Series E Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 20,000 20,000          
Stated interest rate | Rate     4.42%            
Unsecured Notes | Series H Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 100,000 100,000          
Stated interest rate | Rate     4.27%            
Unsecured Notes | Series L Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 175,000 175,000          
Stated interest rate | Rate     6.05%            
Unsecured Notes | Series O Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 350,000 0          
Stated interest rate | Rate     5.50%            
Unsecured Notes | Series M Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 125,000 125,000          
Stated interest rate | Rate     6.17%            
Unsecured Notes | Series I Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 275,000 275,000          
Stated interest rate | Rate     2.80%            
Unsecured Notes | Series K Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 400,000 400,000          
Stated interest rate | Rate     4.12%            
Unsecured Notes | Series P Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 100,000 0          
Stated interest rate | Rate     5.82%            
Unsecured Notes | Series J Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 50,000 50,000          
Stated interest rate | Rate     2.95%            
Unsecured Notes | Series N Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 150,000 150,000          
Stated interest rate | Rate     6.30%            
Unsecured Notes | Series Q Unsecured Notes                  
Debt Instrument [Line Items]                  
Long term debt     $ 100,000 0          
Stated interest rate | Rate     5.99%            
Mortgage Loans Payable                  
Debt Instrument [Line Items]                  
Principal outstanding     $ 3,980 4,195          
Long term debt     4,099 4,322          
Unamortized fair market value discount     (119) (127)          
Mortgage Loans Payable | United of Omaha Life Insurance Company                  
Debt Instrument [Line Items]                  
Long term debt     $ 4,099 $ 4,322          
Stated interest rate | Rate     3.71%