v3.26.1
Assets and Liabilities Measured at Fair Value on a Recurring Basis - Schedule of Reconciliation of Assets and Liabilities Measured at Fair Value on Recurring Basis, Unobservable Inputs (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Total realized and unrealized gains (losses) included in changes in net assets $ 23.8 $ 26.3
Loans Payable    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance (830.3) (1,585.5)
Total realized and unrealized gains (losses) included in changes in net assets 9.9 4.3
Purchases 0.0 0.0
Sales 0.0 0.0
Settlements 10.6 225.4
Ending balance (809.8) (1,355.8)
Line of Credit    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance (160.0)  
Total realized and unrealized gains (losses) included in changes in net assets 0.0  
Purchases 0.0  
Sales 0.0  
Settlements 0.0  
Ending balance (160.0)  
Real Estate Properties    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 15,975.4 15,607.0
Total realized and unrealized gains (losses) included in changes in net assets (63.4) (76.2)
Purchases 299.2 186.3
Sales (188.2) (170.8)
Settlements 0.0 0.0
Ending balance 16,023.0 15,546.3
Real Estate Joint Ventures    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 5,098.8 5,381.4
Total realized and unrealized gains (losses) included in changes in net assets (1.1) 90.6
Purchases 58.4 43.6
Sales 0.0 0.0
Settlements (19.2) (281.1)
Ending balance 5,136.9 5,234.5
Real Estate Operating Business    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 1,072.6 931.8
Total realized and unrealized gains (losses) included in changes in net assets 9.4 (0.2)
Purchases 0.0 127.2
Sales 0.0 0.0
Settlements 0.0 0.0
Ending balance 1,082.0 1,058.8
Loans Receivable    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 690.4 877.8
Total realized and unrealized gains (losses) included in changes in net assets (0.6) 0.8
Purchases 3.3 2.1
Sales 0.0 0.0
Settlements (128.8) (28.1)
Ending balance 564.3 852.6
Total Level 3 Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 22,837.2 22,798.0
Total realized and unrealized gains (losses) included in changes in net assets (55.7) 15.0
Purchases 360.9 359.2
Sales (188.2) (170.8)
Settlements (148.0) (309.2)
Ending balance $ 22,806.2 $ 22,692.2