v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders' Equity
Common Stock
Additional
Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2024     612,605,478        
Beginning balance at Dec. 31, 2024 $ 9,792,509 $ 9,756,764 $ 6,126 $ 11,170,597 $ (1,480,928) $ 60,969 $ 35,745
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 307,649 306,632     306,632   1,017
Total other comprehensive income (loss) (49,570) (49,413)       (49,413) (157)
Dividends and dividend equivalents declared (357,054) (357,054)     (357,054)    
Distributions to non-controlling interests $ (1,330)           (1,330)
Repurchases of common stock (in shares) 0            
Issuance of common stock — settlement of RSUs, net of tax (in shares)     395,242        
Issuance of common stock — settlement of RSUs, net of tax $ (5,529) (5,529) $ 4 (5,533)      
Share-based compensation expense 18,621 16,540   16,540     2,081
Redemption of OP Units for common stock (in shares)     7,500        
Redemption of OP Units for common stock 0 346   346     (346)
Ending balance (in shares) at Jun. 30, 2025     613,008,220        
Ending balance at Jun. 30, 2025 9,705,296 9,668,286 $ 6,130 11,181,950 (1,531,350) 11,556 37,010
Beginning balance (in shares) at Mar. 31, 2025     612,883,911        
Beginning balance at Mar. 31, 2025 9,755,014 9,718,431 $ 6,129 11,174,953 (1,493,971) 31,320 36,583
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 141,367 140,887     140,887   480
Total other comprehensive income (loss) (19,825) (19,764)       (19,764) (61)
Dividends and dividend equivalents declared (178,266) (178,266)     (178,266)    
Distributions to non-controlling interests $ (729)           (729)
Repurchases of common stock (in shares) 0            
Issuance of common stock — settlement of RSUs, net of tax (in shares)     116,809        
Issuance of common stock — settlement of RSUs, net of tax $ (729) (729) $ 1 (730)      
Share-based compensation expense 8,464 7,381   7,381     1,083
Redemption of OP Units for common stock (in shares)     7,500        
Redemption of OP Units for common stock 0 346   346     (346)
Ending balance (in shares) at Jun. 30, 2025     613,008,220        
Ending balance at Jun. 30, 2025 $ 9,705,296 9,668,286 $ 6,130 11,181,950 (1,531,350) 11,556 37,010
Beginning balance (in shares) at Dec. 31, 2025 610,788,732   610,788,732        
Beginning balance at Dec. 31, 2025 $ 9,567,892 9,530,132 $ 6,108 11,128,590 (1,610,981) 6,415 37,760
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 380,716 379,355     379,355   1,361
Total other comprehensive income (loss) 26,625 26,525       26,525 100
Dividends and dividend equivalents declared (357,259) (357,259)     (357,259)    
Distributions to non-controlling interests (1,723)           (1,723)
Repurchases of common stock (in shares)     (20,579,736)        
Repurchases of common stock (539,188) (539,188) $ (206) (538,982)      
Issuance of common stock — settlement of RSUs, net of tax (in shares)     404,526        
Issuance of common stock — settlement of RSUs, net of tax (4,498) (4,498) $ 4 (4,502)      
Share-based compensation expense $ 20,046 19,350   19,350     696
Ending balance (in shares) at Jun. 30, 2026 590,613,522   590,613,522        
Ending balance at Jun. 30, 2026 $ 9,092,611 9,054,417 $ 5,906 10,604,456 (1,588,885) 32,940 38,194
Beginning balance (in shares) at Mar. 31, 2026     593,981,591        
Beginning balance at Mar. 31, 2026 9,128,663 9,091,034 $ 5,940 10,696,063 (1,629,420) 18,451 37,629
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 219,651 218,847     218,847   804
Total other comprehensive income (loss) 14,544 14,489       14,489 55
Dividends and dividend equivalents declared (178,312) (178,312)     (178,312)    
Distributions to non-controlling interests (665)           (665)
Repurchases of common stock (in shares)     (3,478,690)        
Repurchases of common stock (100,069) (100,069) $ (35) (100,034)      
Issuance of common stock — settlement of RSUs, net of tax (in shares)     110,621        
Issuance of common stock — settlement of RSUs, net of tax (547) (547) $ 1 (548)      
Share-based compensation expense $ 9,346 8,975   8,975     371
Ending balance (in shares) at Jun. 30, 2026 590,613,522   590,613,522        
Ending balance at Jun. 30, 2026 $ 9,092,611 $ 9,054,417 $ 5,906 $ 10,604,456 $ (1,588,885) $ 32,940 $ 38,194