v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table
Total for PEOs(1)
Compensation Actually
Paid to PEOs(2)
Average
Summary
Compen-
sation
Table
Total for
Non-PEO
NEOs(1)(3)
Average
Compen-
sation
Actually
Paid to
Non-PEO
NEOs(2)
Value of
Initial Fixed
$100
Investment
Based On:
Net Income
(Loss)(6)
FFO per
share –
diluted,
as
adjusted
(7)
PEO#1
PEO#2
PEO#3
PEO#1
PEO#2
PEO#3
ARE
TSR
(4)
FTSE
Health
Care
TSR(5)
2025
$11,572,796
$8,844,053
$4,293,016
$1,495,672
$5,013,770
$2,100,347
$33.8
$164.5
$(1,216,726,000)
$9.01
2024
$17,727,276
$10,275,115
$14,204,716
$7,511,386
$6,764,415
$5,176,942
$63.2
$128.1
$510,733,000
$9.47
2023
$15,485,330
$9,869,367
$12,940,456
$7,260,065
$7,725,976
$6,862,308
$78.4
$103.1
$280,994,000
$8.97
2022
$13,035,517
$9,289,388
$7,231,836
$5,240,793
$1,066,125
$(874,179)
$7,931,051
$3,771,122
$86.3
$90.5
$670,701,000
$8.42
2021
$12,701,393
$8,274,131
$8,320,228
$20,240,869
$15,720,892
$15,766,043
$7,301,308
$10,927,591
$128.1
$116.3
$654,282,000
$7.76
       
Company Selected Measure Name FFO Per Share, As Adjusted**        
Named Executive Officers, Footnote Joel S. Marcus is Principal Executive Officer (“PEO”) #1, and Peter M. Moglia is PEO #2 for all years shown. Stephen A. Richardson, our former Co-Chief
Executive Officer who resigned from the Company in July 2022, is PEO #3 for 2021 and 2022. For 2025, our Non-PEO NEOs include Marc E. Binda, Hunter L.
Kass, John Hart Cole, and Lawrence J. Diamond. For 2024, our Non-PEO NEOs include Marc E. Binda, Daniel J. Ryan, Hunter L. Kass, and Lawrence J.
Diamond. For 2023, our Non-PEO NEOs include Marc E. Binda, Dean A. Shigenaga, Daniel J. Ryan, Hunter L. Kass, and Vincent R. Ciruzzi. For 2022, our
Non-PEO NEOs include Dean A. Shigenaga, Daniel J. Ryan, Hunter L. Kass, and Vincent R. Ciruzzi. For 2021, our Non-PEO NEOs include Dean A.
Shigenaga, Daniel J. Ryan, Hunter L. Kass, and John H. Cunningham.
       
Peer Group Issuers, Footnote The peer group used for this purpose is the group of companies included in the FTSE NAREIT Equity Health Care Index, which is the industry peer group
used in our Annual Report on Form 10-K pursuant to Item 201(e) of Regulation S-K for the fiscal year ended December 31, 2025. The separate peer group
used by the Compensation Committee for purposes of determining compensation paid to our NEOs is described under “Compensation Peer Group” on page
65.
       
Adjustment To PEO Compensation, Footnote To calculate compensation actually paid to our PEOs, and the average compensation actually paid to the Non-PEO NEOs, the following adjustments were
made to the amounts reported for performance year 2025 in the “Summary Compensation Table” on page 100, in accordance with the requirements of Item
402(v) of Regulation S-K. Refer to the “Pay Versus Performance” sections in the proxy statements for our 2023, 2024, and 2025 annual meetings of
stockholders for the adjustments made to determine compensation actually paid for prior years.
Stock Awards Unvested
at Year-End
Stock Awards Vested
During the Covered
Year
Add:
Dividend
Paid on
Unvested
Stock
During
Covered
Year
Add:
Pension
Plan
Service
Cost
Less
Change in
Pension
Value
Compensation
Actually Paid
Name
Year
Total
Compensation
From
Summary
Compensation
Table
Less: Grant
Date Fair
Value of Stock
Awards From
Summary
Compensation
Table
Add: Year-
End Fair
Value of
Stock
Awards
Granted in
Covered
Year
Add: Change
in Fair Value
From Prior
Year-End of
Stock Awards
Granted in
Prior Years
Add:
Grants
Made in
Covered
Year: Fair
Value on
Vesting
Date
Add: Grants
Made in
Prior Years:
Change in
Fair Value
on Vesting
Date Versus
Prior Year-
End
PEO#1
2025
$11,572,796
$5,004,205
$2,357,860
$(6,046,739)
$350,596
$253,692
$809,016
$
$
$4,293,016
PEO#2
2025
$8,844,053
$6,106,502
$2,933,496
$(5,673,330)
$535,660
$377,436
$592,410
$
$(7,551)
$1,495,672
PEO#3
2025
Non-
PEO
NEOs
2025
$5,013,770
$3,320,763
$3,071,403
$(2,222,737)
$
$(748,342)
$308,774
$
$(1,758)
$2,100,347
       
Non-PEO NEO Average Total Compensation Amount $ 5,013,770 $ 6,764,415 $ 7,725,976 $ 7,931,051 $ 7,301,308
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,100,347 5,176,942 6,862,308 3,771,122 10,927,591
Adjustment to Non-PEO NEO Compensation Footnote To calculate compensation actually paid to our PEOs, and the average compensation actually paid to the Non-PEO NEOs, the following adjustments were
made to the amounts reported for performance year 2025 in the “Summary Compensation Table” on page 100, in accordance with the requirements of Item
402(v) of Regulation S-K. Refer to the “Pay Versus Performance” sections in the proxy statements for our 2023, 2024, and 2025 annual meetings of
stockholders for the adjustments made to determine compensation actually paid for prior years.
Stock Awards Unvested
at Year-End
Stock Awards Vested
During the Covered
Year
Add:
Dividend
Paid on
Unvested
Stock
During
Covered
Year
Add:
Pension
Plan
Service
Cost
Less
Change in
Pension
Value
Compensation
Actually Paid
Name
Year
Total
Compensation
From
Summary
Compensation
Table
Less: Grant
Date Fair
Value of Stock
Awards From
Summary
Compensation
Table
Add: Year-
End Fair
Value of
Stock
Awards
Granted in
Covered
Year
Add: Change
in Fair Value
From Prior
Year-End of
Stock Awards
Granted in
Prior Years
Add:
Grants
Made in
Covered
Year: Fair
Value on
Vesting
Date
Add: Grants
Made in
Prior Years:
Change in
Fair Value
on Vesting
Date Versus
Prior Year-
End
PEO#1
2025
$11,572,796
$5,004,205
$2,357,860
$(6,046,739)
$350,596
$253,692
$809,016
$
$
$4,293,016
PEO#2
2025
$8,844,053
$6,106,502
$2,933,496
$(5,673,330)
$535,660
$377,436
$592,410
$
$(7,551)
$1,495,672
PEO#3
2025
Non-
PEO
NEOs
2025
$5,013,770
$3,320,763
$3,071,403
$(2,222,737)
$
$(748,342)
$308,774
$
$(1,758)
$2,100,347
       
Compensation Actually Paid vs. Total Shareholder Return
All CAP v TSR.jpg
       
Compensation Actually Paid vs. Net Income
All CAP v NI.jpg
       
Compensation Actually Paid vs. Company Selected Measure
All CAP v FFO.jpg
       
Total Shareholder Return Vs Peer Group
All CAP v TSR.jpg
       
Tabular List, Table Net Debt to Adjusted EBITDA Ratio**
FFO Per Share, As Adjusted**
Adjusted EBITDA Margin**
Total Shareholder Return (TSR)
       
Total Shareholder Return Amount $ 33.8 63.2 78.4 86.3 128.1
Peer Group Total Shareholder Return Amount 164.5 128.1 103.1 90.5 116.3
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (1,216,726,000) $ 510,733,000 $ 280,994,000 $ 670,701,000 $ 654,282,000
Company Selected Measure Amount 9.01 9.47 8.97 8.42 7.76
Additional 402(v) Disclosure Amounts represent the average of the amounts reported for the Company’s Non-PEO NEOs as a group in the “Total” column of the “Summary Compensation
Table” in each applicable year.
(4)TSR is determined based on the value of an initial fixed investment of $100 on December 31, 2020. Cumulative TSR is calculated by dividing the sum of the
cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s stock price at the
end and the beginning of the measurement period by the Company’s stock price at the beginning of the measurement period.
Net income attributable to Alexandria as reported in the Company’s Annual Report on Form 10-K for the applicable fiscal year.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Debt to Adjusted EBITDA Ratio**        
Measure:: 2          
Pay vs Performance Disclosure          
Name FFO Per Share, As Adjusted**        
Non-GAAP Measure Description As required by Item 402(v) of Regulation S-K, we have determined that FFO per share – diluted, as adjusted, is the Company-Selected Measure (as defined in Item 402(v)). Refer to the “Definitions and Reconciliations” section of this Proxy Statement for additional information.        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted EBITDA Margin**        
Measure:: 4          
Pay vs Performance Disclosure          
Name Total Shareholder Return (TSR)        
Joel S. Marcus [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 11,572,796 $ 17,727,276 $ 15,485,330 $ 13,035,517 $ 12,701,393
PEO Actually Paid Compensation Amount $ 4,293,016 $ 14,204,716 $ 12,940,456 $ 5,240,793 $ 20,240,869
PEO Name Joel S. Marcus Joel S. Marcus Joel S. Marcus Joel S. Marcus Joel S. Marcus
Peter M. Moglia [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 8,844,053 $ 10,275,115 $ 9,869,367 $ 9,289,388 $ 8,274,131
PEO Actually Paid Compensation Amount $ 1,495,672 $ 7,511,386 $ 7,260,065 $ 1,066,125 $ 15,720,892
PEO Name Peter M. Moglia Peter M. Moglia Peter M. Moglia Peter M. Moglia Peter M. Moglia
Stephen A. Richardson [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount       $ 7,231,836 $ 8,320,228
PEO Actually Paid Compensation Amount       $ (874,179) $ 15,766,043
PEO Name       Stephen A. Richardson Stephen A. Richardson
PEO | Joel S. Marcus [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0        
PEO | Joel S. Marcus [Member] | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Joel S. Marcus [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,004,205)        
PEO | Joel S. Marcus [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,357,860        
PEO | Joel S. Marcus [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,046,739)        
PEO | Joel S. Marcus [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 350,596        
PEO | Joel S. Marcus [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 253,692        
PEO | Joel S. Marcus [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 809,016        
PEO | Peter M. Moglia [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (7,551)        
PEO | Peter M. Moglia [Member] | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Peter M. Moglia [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,106,502)        
PEO | Peter M. Moglia [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,933,496        
PEO | Peter M. Moglia [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,673,330)        
PEO | Peter M. Moglia [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 535,660        
PEO | Peter M. Moglia [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 377,436        
PEO | Peter M. Moglia [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 592,410        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,758)        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,320,763)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,071,403        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,222,737)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (748,342)        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 308,774