v3.26.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings Per Share [Abstract]        
Numerator for basic earnings per share - net income (loss) attributable to common stockholders $ 445,002 $ 301,888 $ 1,173,674 $ 559,845
Adjustment for net income (loss) attributable to OP Units and DownREIT Units 8,650 915 21,559 1,865
Numerator for diluted earnings per share $ 453,652 $ 302,803 $ 1,195,233 $ 561,710
Denominator for basic earnings per share - weighted average shares (in shares) 709,732 656,593 704,812 650,029
Effect of dilutive securities:        
Employee stock options (in shares) 828 595 814 577
Unvested restricted shares and units (in shares) 6,248 3,146 5,938 3,061
OP units and DownREIT Units (in shares) 13,049 2,711 12,272 2,589
Employee stock purchase program (in shares) 25 19 20 20
Exchangeable notes (in shares) 8,074 5,076 8,281 4,728
Dilutive potential common shares (in shares) 28,224 11,547 27,325 10,975
Denominator for diluted earnings per share - adjusted weighted average shares (in shares) 737,956 668,140 732,137 661,004
Basic earnings per share (in dollars per share) $ 0.63 $ 0.46 $ 1.67 $ 0.86
Diluted earnings per share (in dollars per share) $ 0.61 [1] $ 0.45 [1] $ 1.63 $ 0.85 [1]
[1] Includes adjustment to the numerator for income (loss) attributable to OP Units and DownREIT Units.