v3.26.1
Mortgage Notes and Secured Credit Facilities - Summary of Mortgage Notes and Credit Facilities Secured by Company's Properties (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Jul. 31, 2024
May 31, 2024
Debt Instrument [Line Items]        
Maximum Facility Size       $ 1,600,000
Principal Balance Outstanding [1] $ 12,037,012 $ 12,018,900    
Deferred financing costs, net [1] (61,436) (55,327)    
Discount on assumed debt, net [1] (6,381) (6,363)    
Mortgage notes and secured credit facilities, net [1] 11,969,195 11,957,210    
Fixed Rate Loans        
Debt Instrument [Line Items]        
Principal Balance Outstanding [1] 3,161,776 3,167,322    
Variable Rate Loans        
Debt Instrument [Line Items]        
Principal Balance Outstanding [1] 8,875,236 8,851,578    
Variable Rate Secured Credit Facility | Variable Rate Loans        
Debt Instrument [Line Items]        
Maximum Facility Size [2] 160,378      
Principal Balance Outstanding [1],[2] $ 160,378 161,140    
Variable Rate Secured Credit Facility | Variable Rate Loans | Weighted Average        
Debt Instrument [Line Items]        
Debt instrument, interest rate description [2],[3] B + 2.25%      
Debt Instrument, Basis Spread on Variable Rate [2],[3] 2.25%      
Weighted Average Maturity Date [2],[4] 2026-05      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]      
Senior Secured Revolving Credit Facility        
Debt Instrument [Line Items]        
Maximum Facility Size     $ 150,000  
Principal Balance Outstanding [1],[5] $ 0 0    
Senior Secured Revolving Credit Facility | Variable Rate Loans        
Debt Instrument [Line Items]        
Maximum Facility Size [5] $ 150,000      
Senior Secured Revolving Credit Facility | Variable Rate Loans | Weighted Average        
Debt Instrument [Line Items]        
Debt instrument, interest rate description [3],[5] B + 2.50%      
Debt Instrument, Basis Spread on Variable Rate [3],[5] 2.50%      
Weighted Average Maturity Date [4],[5] 2027-01      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]      
Fixed Rate Mortgages | Fixed Rate Loans        
Debt Instrument [Line Items]        
Weighted Average Interest Rate [3] 3.41%      
Principal Balance Outstanding [1] $ 3,161,776      
Fixed Rate Mortgages | Fixed Rate Loans | Weighted Average        
Debt Instrument [Line Items]        
Weighted Average Maturity Date [4] 2031-01      
Floating Rate Mortgages | Fixed Rate Loans        
Debt Instrument [Line Items]        
Principal Balance Outstanding [1]   3,167,322    
Floating Rate Mortgages | Variable Rate Loans        
Debt Instrument [Line Items]        
Principal Balance Outstanding [1] $ 8,714,858 $ 8,690,438    
Floating Rate Mortgages | Variable Rate Loans | Weighted Average        
Debt Instrument [Line Items]        
Debt instrument, interest rate description [3] B + 1.95%      
Debt Instrument, Basis Spread on Variable Rate [3] 1.95%      
Weighted Average Maturity Date [4] 2031-01      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]      
[1] The majority of the Company’s mortgages contain prepayment provisions including (but not limited to) lockout periods, yield or spread maintenance provisions and fixed penalties.
[2] The repayment of the variable rate secured credit facility is guaranteed by the Operating Partnership.
[3] The symbol “B” refers to the relevant floating benchmark rates, which includes one-month Secured Overnight Financing Rate (“SOFR”), Federal Reserve Bank of New York (“NYFED”) 30 day SOFR, three-month Euro Interbank Offered Rate (“EURIBOR”) and three-month Norwegian Interbank Offered Rate (“NIBOR”), as applicable to each loan.
[4] For loans where the Company, at its own discretion, has extension options, the maximum maturity date has been assumed.
[5] The repayment of the senior secured revolving credit facility is secured by pledges of ownership interests in holding companies that are directly under the Operating Partnership.