v3.25.4
Finance Receivables - Narratives (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jun. 18, 2025
USD ($)
May 21, 2025
USD ($)
property
Jul. 10, 2024
USD ($)
Oct. 31, 2023
USD ($)
property
Oct. 16, 2023
USD ($)
Feb. 28, 2023
USD ($)
property
Jun. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2024
Mar. 31, 2024
USD ($)
Aug. 31, 2023
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
Jul. 31, 2025
USD ($)
May 22, 2025
USD ($)
property
Accounts, Notes, Loans and Financing Receivable                                    
Increase in value of balance sheet item due to foreign currency translation                           $ 32,943 $ (6,281) $ 19,758    
Sales-type lease, lease receivable                         $ 36,938 38,306 36,938      
Financing receivable, allowance for credit loss                         13,500 21,000 13,500 800    
Net investments in finance leases and loans receivable                         798,259 1,171,886 798,259      
Proceeds from repayment of loans receivable               $ 15,000   $ 24,000 $ 28,000     0 24,000 28,000    
Release of allowance for credit losses                   2,100                
Proceeds from interest received                   $ 1,400                
Proceeds from prepayment penalty                               600    
Reclassification of net-lease assets to net investments           $ 451,400                        
Gain on sale of real estate, net                           193,793 74,822 $ 315,984    
In-place lease intangible assets and other                         (2,297,572) (2,466,199) (2,297,572)      
Accumulated depreciation and amortization                         3,222,396 3,578,330 3,222,396      
Land, buildings and improvements — net lease and other                         (12,842,869) (14,451,306) (12,842,869)      
Other assets, net                         (1,045,218) (1,068,480) $ (1,045,218)      
Sales-type Lease                                    
Accounts, Notes, Loans and Financing Receivable                                    
Gain on sale of real estate, net           $ 176,200                        
Loans receivable decrease                           16,600        
Deferred Income Taxes                                    
Accounts, Notes, Loans and Financing Receivable                                    
Unrealized gain on sales of property                           $ 500        
Adjustment                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of properties (property) | property                           2        
Net investments in direct financing leases                           $ (15,000)        
Land, buildings and improvements — net lease and other                           15,000        
Adjustment | Direct Financing Method                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of properties (property) | property           78                        
Adjustment | Sales-type Lease                                    
Accounts, Notes, Loans and Financing Receivable                                    
Net investments in finance leases and loans receivable                                 $ (6,500)  
Adjustment | Net Lease Asset                                    
Accounts, Notes, Loans and Financing Receivable                                    
Reclassification of net-lease assets to net investments         $ 20,600                          
Loans receivable decrease                           $ 18,700        
Adjustment | Real estate                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of properties (property) | property                           3        
Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations                                    
Accounts, Notes, Loans and Financing Receivable                                    
Receivable with imputed interest, face amount             $ 15,000         $ 15,000            
Interest rate on loan (percent)                 15.00%                  
Concert Venue Located in Austin Texas And Portland Oregon                                    
Accounts, Notes, Loans and Financing Receivable                                    
Ownership interest parent (percent)                                   90.00%
Concert Venue Located in Austin Texas And Portland Oregon                                    
Accounts, Notes, Loans and Financing Receivable                                    
Funding commitment                                   $ 108,300
Net investments in finance leases and loans receivable                           $ 33,800        
Net investments in finance leases and loans receivable                           12,600        
Concert Venue Located in Austin Texas And Portland Oregon | Co-venturer                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of construction projects committed to fund | property                                   2
Funding commitment                                   $ 120,300
Non-cash contribution of land                       $ 3,900            
Properties Located in Spain                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of properties (property) | property   26   70                            
Reclassification of net-lease assets to net investments   $ 162,000   $ 348,600                            
Gain on sale of real estate, net                           19,000        
Properties Located in Spain | Sales-type Lease                                    
Accounts, Notes, Loans and Financing Receivable                                    
Loans receivable decrease             $ 162,000                      
Properties Located in Spain | Accounts payable, accrued expenses and other liabilities                                    
Accounts, Notes, Loans and Financing Receivable                                    
Unrealized gain on sales of property                           4,500        
Properties Located in Spain | Adjustment                                    
Accounts, Notes, Loans and Financing Receivable                                    
Net investments in finance leases and loans receivable   129,700                                
In-place lease intangible assets and other   (20,300)                                
Accumulated depreciation and amortization   $ 11,000                                
Properties Located in Spain | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations                                    
Accounts, Notes, Loans and Financing Receivable                                    
Gain on sale of real estate, net                         $ 59,100          
Properties Located in Netherlands                                    
Accounts, Notes, Loans and Financing Receivable                                    
Reclassification of net-lease assets to net investments     $ 17,300                              
Gain on sale of real estate, net                           6,400        
Properties Located In Windsor                                    
Accounts, Notes, Loans and Financing Receivable                                    
Reclassification of net-lease assets to net investments $ 6,500                                  
Gain on sale of real estate, net                           2,800        
Properties Located In Windsor | Adjustment                                    
Accounts, Notes, Loans and Financing Receivable                                    
Accumulated depreciation and amortization 900                                  
Land, buildings and improvements — net lease and other (4,400)                                  
Other assets, net $ (200)                                  
Real Associated with Sale-leaseback                                    
Accounts, Notes, Loans and Financing Receivable                                    
Number of properties (property) | loan                         3   3      
Sales-type lease, lease receivable                         $ 238,600   $ 238,600      
Direct Financing Method                                    
Accounts, Notes, Loans and Financing Receivable                                    
Increase in value of balance sheet item due to foreign currency translation                           $ 40,600