v3.26.1
Indebtedness - Schedule of Secured and Other Debt (Details)
$ in Thousands
 1 Months Ended 6 Months Ended
Apr. 30, 2026
USD ($)
property
Mar. 31, 2025
Jun. 30, 2026
USD ($)
property
option
Dec. 31, 2025
USD ($)
property
Indebtedness        
Net book value of collateral     $ 3,796,564 $ 3,858,900
Senior unsecured notes, net     $ 2,442,190  
Secured Debts        
Indebtedness        
Number of properties secured | property     86 88
Principal balance     $ 842,190 $ 844,116
Net book value of collateral     1,358,853 1,406,755
Unamortized debt issuance costs     (21,483) (24,018)
Senior unsecured notes, net     $ 820,707 $ 820,098
Secured Revolving Credit Facility Due 2029 | Secured Debts        
Indebtedness        
Number of properties secured | property     14 14
Principal balance     $ 0 $ 0
Interest rate     6.28%  
Net book value of collateral     $ 319,945 $ 326,565
Number of extension options | option     2  
Extension term     6 months  
Senior Secured Note Due 2030 | Secured Debts        
Indebtedness        
Number of properties secured | property     36 36
Principal balance     $ 375,000 $ 375,000
Interest rate     7.25%  
Net book value of collateral     $ 395,316 $ 402,797
Equity interest in each collateral guarantee     100.00%  
Floating Rate Mortgage Note 6.17 Percent Due March 2028 | Secured Debts        
Indebtedness        
Number of properties secured | property     14 14
Principal balance     $ 140,000 $ 140,000
Interest rate     6.15%  
Net book value of collateral     $ 139,936 $ 142,947
Basis spread on variable rate   2.50% 2.50%  
Number of extension options | option     2  
Extension term     6 months  
Floating Rate Mortgage Note 6.17 Percent Due March 2028 | Secured Debts | Interest Rate Cap        
Indebtedness        
Derivative basis spread on variable rate     4.50%  
Mortgage Notes 6.57 Percent Due June 2030 | Secured Debts        
Indebtedness        
Number of properties secured | property     4 4
Principal balance     $ 62,969 $ 63,499
Interest rate     6.57%  
Net book value of collateral     $ 133,860 $ 135,772
Mortgage Notes 6.86 Percent Due June 2034 | Secured Debts        
Indebtedness        
Number of properties secured | property     8 8
Principal balance     $ 120,000 $ 120,000
Interest rate     6.86%  
Net book value of collateral     $ 178,122 $ 182,848
Mortgage Notes 6.22 Percent Due May 2035 | Secured Debts        
Indebtedness        
Number of properties secured | property     7 7
Principal balance     $ 108,873 $ 108,873
Interest rate     6.22%  
Net book value of collateral     $ 145,229 $ 148,477
Mortgage Notes 6.36 Percent Due June 2035 | Secured Debts        
Indebtedness        
Number of properties secured | property     2 2
Principal balance     $ 30,284 $ 30,284
Interest rate     6.36%  
Net book value of collateral     $ 33,797 $ 34,328
Mortgage Notes 6.44 Percent Due July 2043 | Secured Debts        
Indebtedness        
Number of properties secured | property     1 1
Principal balance     $ 5,064 $ 5,847
Interest rate     6.44%  
Net book value of collateral     $ 12,648 $ 12,893
Financial Leases 7.70 Percent Due April 2026 | Secured Debts        
Indebtedness        
Number of properties secured | property 2   0 2
Principal balance     $ 0 $ 613
Interest rate     0.00%  
Net book value of collateral     $ 0 $ 20,128
Finance lease purchase option $ 14,500