v3.25.4
NLOP Spin-Off - Impact to the Components of Total Equity (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Nov. 01, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations      
Total liabilities derecognized [1] $ (9,856,090) $ (9,100,900)  
Distributions in excess of accumulated earnings (3,539,592) (3,203,974)  
Accumulated other comprehensive loss 253,346 250,232  
Noncontrolling interests derecognized (15,885) (4,429)  
Reduction to Additional paid-in capital $ (11,830,737) $ (11,805,179)  
NLOP      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations      
Impact to Total equity     $ (777,272)
Disposal Group, Disposed of by Means Other than Sale, Not Discontinued Operations, Spinoff      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations      
Total assets derecognized (excluding cash and cash equivalents and restricted cash)     (1,361,616)
Less: Proceeds in connection with the Spin-Off, reflecting cash and cash equivalents and restricted cash derecognized (described below under “Debt Facility”)     343,885
Disposal Group, Disposed of by Means Other than Sale, Not Discontinued Operations, Spinoff | NLOP      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations      
Total assets derecognized (excluding cash and cash equivalents and restricted cash)     (1,361,616)
Total liabilities derecognized     (240,459)
Net assets derecognized     (1,121,157)
Less: Proceeds in connection with the Spin-Off, reflecting cash and cash equivalents and restricted cash derecognized (described below under “Debt Facility”)     343,885
Impact to Total equity     (777,272)
Distributions in excess of accumulated earnings     (229,712)
Accumulated other comprehensive loss     35,664
Noncontrolling interests derecognized     (4,406)
Reduction to Additional paid-in capital     $ (578,818)
[1] See Note 2 for details related to variable interest entities (“VIEs”).