v3.25.4
Equity Method Investments - Narratives (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Feb. 27, 2025
USD ($)
Sep. 01, 2024
USD ($)
property
Sep. 30, 2024
USD ($)
Dec. 31, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 10, 2021
USD ($)
Investments in REITs              
Distributions of earnings from equity method investments       $ 15,942 $ 21,066 $ 18,588  
Equity Method Investments       310,178 301,115    
Payments to acquire equity method investments       5,000 0 0  
Proceeds from the redemption of investment in shares       5,317 1,026 10,484  
Net investments in finance leases and loans receivable       1,171,886 798,259    
Gain on change in control of interests       0 31,849 0  
Land, buildings and improvements — net lease and other       14,451,306 12,842,869    
In-place lease intangible assets and other       $ 2,466,199 2,297,572    
Adjustment              
Investments in REITs              
Number of properties (property) | property       2      
Equity Method Investments              
Investments in REITs              
Interest income       $ 13,300 13,200 12,800  
Johnson Self Storage              
Investments in REITs              
Equity Method Investments   $ 62,900          
Payments to acquire equity method investments   $ 10,500          
Additional ownership acquired (as a percent)   10.00%          
Equity method investment, ownership (as a percent)   100.00%          
Gain on change in control of interests     $ 31,800        
Equity method investment fair value   $ 94,700          
Johnson Self Storage | Adjustment              
Investments in REITs              
Land, buildings and improvements — net lease and other   84,400          
In-place lease intangible assets and other   $ 20,600          
Johnson Self Storage | Self Storage              
Investments in REITs              
Number of properties (property) | property   9          
Owned Real Estate [Member] | Affiliated Entity              
Investments in REITs              
Equity Method Investments       310,178 301,115    
Owned Real Estate [Member] | Unconsolidated Properties              
Investments in REITs              
Distributions of earnings from equity method investments       21,300 22,100 29,100  
Aggregate unamortized basis difference on equity investments       15,100 16,500    
Owned Real Estate [Member] | CESH | Affiliated Entity              
Investments in REITs              
Equity Method Investments       $ 1,238 1,201    
Equity method investment, ownership (as a percent)       2.43%      
Owned Real Estate [Member] | Las Vegas Retail Complex | Affiliated Entity              
Investments in REITs              
Equity Method Investments       $ 250,567 248,972    
Equity method investment, ownership (as a percent)       47.50%      
Owned Real Estate [Member] | Las Vegas Retail Complex | Construction Commitment | Affiliated Entity              
Investments in REITs              
Period of extension option       1 year      
Payments to acquire equity method investments $ 5,000            
Proceeds from the redemption of investment in shares       $ 5,000      
Net investments in finance leases and loans receivable       245,900      
Owned Real Estate [Member] | Las Vegas Retail Complex | Third Party | Construction Commitment | Affiliated Entity              
Investments in REITs              
Funding commitment             $ 261,900
Equity Method Investments       250,900      
Payments to acquire equity method investments       3,200      
Equity purchase option percentage             47.50%
Affiliated Entity | CESH              
Investments in REITs              
Distributions of earnings from equity method investments       $ 0 $ 0 $ 1,200