v3.26.1
Debt (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 23, 2026
USD ($)
property
Jan. 31, 2026
USD ($)
Mar. 31, 2026
USD ($)
property
LetterOfCredit
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
property
item
Dec. 31, 2024
USD ($)
property
Debt Instrument            
Principal drawn     $ 0      
Property count | property     40      
Payments for debt extinguishment and deferred financing costs     $ 2,745,000 $ 0    
Loss on debt extinguishments     403,000 $ 0    
Secured Debt            
Debt Instrument            
Mortgage debt outstanding         $ 102,011,000 $ 105,000,000
Unamortized premium         $ 700,000  
Property count | property         2 2
Aggregate carrying value of collateral         $ 242,000,000 $ 236,000,000
Aggregate principal repayments   $ 103,000,000     3,000,000 $ 3,000,000
Payments for debt extinguishment and deferred financing costs   $ 1,000,000        
Loss on debt extinguishments     $ 400,000      
Letter of Credit | Secured Debt            
Debt Instrument            
Principal drawn         $ 1,000,000  
Number of letters of credit outstanding     10   10  
Letters of credit outstanding     $ 1,000,000      
The Credit Facility | Credit Facilities            
Debt Instrument            
Maximum borrowing capacity $ 1,500,000,000          
Unamortized debt issuance costs     $ 2,000,000      
Debt instrument, covenant debt to assets (as a percent)     60.00%      
Debt instrument, covenant secured debt to assets (as a percent)     40.00%      
Debt instrument, covenant unsecured debt to unencumbered assets (as a percent)     60.00%      
Debt instrument, covenant minimum fixed charge coverage ratio     1.5      
Debt instrument, covenant net worth, minimum     $ 2,040,000,000.00      
Net proceeds received from equity offerings (as a percent)     75.00%      
Minimum unsecured interest coverage ratio     1.75      
The Credit Facility | Revolving Credit Facility | Credit Facilities            
Debt Instrument            
Maximum borrowing capacity $ 500,000,000          
Number of extensions | property 2          
Debt extension period 6 months          
Variable rate 1.05%          
Facility fee     0.15%      
Principal drawn     $ 0      
The Credit Facility | Delayed Draw Term Loan (DDTL) | Credit Facilities            
Debt Instrument            
Maximum borrowing capacity $ 100,000,000          
Variable rate 1.10%          
Principal drawn     $ 0