v3.26.1
MAALP Capital - Summary of Changes in Total Capital and its Components (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Increase (Decrease) in Partners' Capital [Roll Forward]        
Net income (loss) $ 124,818 $ 110,875 $ 251,429 $ 297,281
M A A L P [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance 5,690,291 6,133,451 5,819,224 6,125,415
Net Income Available for Common Unitholders 124,818 110,875 251,429 297,281
Other comprehensive income - derivative instruments 381 429 762 858
Issuance of units (754) (1,106) (600) (949)
Units repurchased and retired (51,916) (1,769) (125,555) (3,071)
Exercise of stock options       38
Units issued in exchange for redeemable stock   2,109   2,109
Redeemable units fair market value adjustment (2,598) 2,724 (110) 829
Amortization of unearned compensation 3,953 3,815 10,212 9,676
Distributions to preferred unitholders (922) (922) (1,844) (1,844)
Distributions (182,025) (181,880) (364,566) (363,674)
Acquisition of noncontrolling interest     (10,213)  
Contribution from noncontrolling interest 1,347 1,520 3,836 2,578
Ending Balance 5,582,575 6,069,246 5,582,575 6,069,246
M A A L P [Member] | Preferred Partner [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance 66,840 66,840 66,840 66,840
Net income (loss) 922 922 1,844 1,844
Distributions to preferred unitholders (922) (922) (1,844) (1,844)
Ending Balance 66,840 66,840 66,840 66,840
M A A L P [Member] | Limited Partner [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance 138,537 154,810 141,503 155,409
Net income (loss) 3,068 2,748 6,189 7,481
General partner units issued in exchange for limited partner units (137) (5,609) (594) (6,368)
Adjustment for limited partners’ capital at redemption value (878) (41) (2,017) 23
Distributions (4,473) (4,469) (8,964) (9,106)
Ending Balance 136,117 147,439 136,117 147,439
M A A L P [Member] | General Partners' Capital Account [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance 5,478,773 5,889,484 5,601,367 5,882,336
Net Income (loss) Allocated to General Partners 120,828 107,205 244,265 287,956
Issuance of units (754) (1,106) (600) (949)
Units repurchased and retired (51,916) (1,769) (125,555) (3,071)
Exercise of stock options       38
General partner units issued in exchange for limited partner units 137 5,609 594 6,368
Units issued in exchange for redeemable stock   2,109   2,109
Redeemable units fair market value adjustment (2,598) 2,724 (110) 829
Adjustment for limited partners’ capital at redemption value 878 41 2,017 (23)
Amortization of unearned compensation 3,953 3,815 10,212 9,676
Distributions (177,552) (177,411) (355,602) (354,568)
Acquisition of noncontrolling interest     (4,839)  
Ending Balance 5,371,749 5,830,701 5,371,749 5,830,701
M A A L P [Member] | AOCI Attributable to Noncontrolling Interest [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance (4,994) (6,635) (5,375) (7,064)
Other comprehensive income - derivative instruments 381 429 762 858
Ending Balance (4,613) (6,206) (4,613) (6,206)
M A A L P [Member] | Noncontrolling Interests-Consolidated Real Estate Entities [Member]        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning Balance 11,135 28,952 14,889 27,894
Net income (loss)     (869)  
Acquisition of noncontrolling interest     (5,374)  
Contribution from noncontrolling interest 1,347 1,520 3,836 2,578
Ending Balance $ 12,482 $ 30,472 $ 12,482 $ 30,472