v3.26.1
Segment Reporting - Reconciliation of NOI to Net Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]          
Number of reportable segments not disclosed flag       true  
Reconciliation of NOI to net income          
Net income $ 156,893 $ 328,290 $ 269,855 $ 485,183 $ 506,452
Property management and other indirect operating expenses, net of corporate income 38,483   38,153 76,583 74,254
Expensed transaction, development and other pursuit costs, net of recoveries 19,976   2,493 23,392 7,237
Interest expense, net 70,070   64,801 141,559 124,665
General and administrative expense 27,137   22,997 49,214 42,777
(Income) loss from unconsolidated investments (7,647)   1,052 (1,120) 2,051
Structured Investment Program interest income (7,704)   (6,937) (15,185) (13,050)
Depreciation expense 232,975   231,730 466,079 449,618
Income tax expense (benefit) 70   (531) (224) (647)
Casualty and impairment loss 0   858 4,619 858
Loss (gain) on sale of communities, net 338   (99,457) (179,574) (155,926)
Other real estate activity (223)   (3,637) (307) (3,792)
Net operating income from real estate assets sold or held for sale (1,124)   (15,631) (4,516) (33,379)
Net operating income $ 529,244   $ 505,746 $ 1,045,703 $ 1,001,118
Non-Apartment Components Of Mixed-Use Communities And Other Nonresidential Operations | Product Concentration Risk | Net Operating Income (Loss)          
Segment Reporting [Line Items]          
Concentration risk (as a percent) 1.40%   1.40% 1.50% 1.70%