v3.26.1
Debt Obligations - Additional Information (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 25, 2026
USD ($)
Feb. 07, 2025
Jun. 30, 2026
USD ($)
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
LandParcels
Line of Credit Facility [Line Items]          
Unamortized debt issuance cost     $ 39,300,000 $ 39,300,000  
Outstanding interest payable [1]     50,978,000 50,978,000 $ 47,576,000
Number of acquired land parcels | LandParcels         2
Purchase money mortgages     33,000,000 33,000,000 $ 33,000,000
Principal payments due in 2026         29,000,000
Principal payments due in 2027         4,000,000
Debt, aggregate principal amount     2,518,000,000 2,518,000,000 2,143,000,000
Senior Notes          
Line of Credit Facility [Line Items]          
Interest expense     33,200,000 66,400,000  
Interest expense     31,700,000 63,300,000  
Interest payments     0 65,600,000  
Amortized issuance costs     1,500,000 3,100,000  
Unamortized debt issuance cost     27,900,000 27,900,000  
Outstanding interest payable     44,100,000 44,100,000  
Other Liabilities | Senior Notes          
Line of Credit Facility [Line Items]          
Outstanding interest payable     44,100,000 44,100,000  
6.375% Senior Notes Due 2030          
Line of Credit Facility [Line Items]          
Debt, aggregate principal amount     $ 1,250,000,000 $ 1,250,000,000 1,250,000,000
Principal amount stated percentage     6.375% 6.375%  
Debt instrument, maturity year       2030  
Debt instrument, frequency of periodic payment       semi-annually  
Debt instrument, payment terms       Interest on the 2030 Notes is payable on February 15 and August 15 of each year, beginning on February 15, 2026.  
6.250% Senior Notes Due 2032          
Line of Credit Facility [Line Items]          
Debt, aggregate principal amount     $ 750,000,000 $ 750,000,000 750,000,000
Principal amount stated percentage     6.25% 6.25%  
Debt instrument, maturity year       2032  
Debt instrument, frequency of periodic payment       semi-annually  
Debt instrument, payment terms       Interest on the 2032 Notes is payable on March 15 and September 15 of each year, beginning on March 15, 2026.  
2030 and 2032 Notes          
Line of Credit Facility [Line Items]          
Unamortized debt issuance cost     $ 27,900,000 $ 27,900,000  
Debt instrument carrying amount     1,972,000,000 1,972,000,000  
Revolving Credit Facility          
Line of Credit Facility [Line Items]          
Commitment amount $ 1,335,000,000   485,000,000 485,000,000  
Line of credit facility, commitments amount     485,000,000 $ 485,000,000 110,000,000
Line of credit facility, interest rate description       Loans under the Credit Agreement bear interest at the Adjusted Term SOFR Rate (as defined in the Credit Agreement) plus an applicable margin at the per annum rate of (i) 2.00%, if the Leverage Ratio (as defined in the Credit Agreement) is less than or equal to 0.30 to 1.00, (ii) 2.25% if the Leverage Ratio is greater than 0.30 to 1.00 and less than or equal to 0.40 to 1.00, and (iii) 2.50% if the Leverage Ratio is greater than 0.40 to 1.00. At the Company’s option, loans may instead bear interest at the Alternate Base Rate (as defined in the Credit Agreement) plus an applicable margin at the per annum rate of 1.00% lower than the applicable margin for Adjusted Term SOFR Rate loans set forth above, in each case, based upon the Leverage Ratio.  
Interest expense     6,400,000 $ 12,500,000  
Interest expense     5,600,000 10,900,000  
Interest payments     3,800,000 4,600,000  
Unamortized debt issuance cost     5,300,000 5,300,000  
Amortized deferred financing fees     800,000 1,600,000  
Outstanding interest payable     6,500,000 $ 6,500,000 $ 1,200,000
Maturity date   Mar. 25, 2026   Mar. 25, 2030  
Revolving Credit Facility | Other Current Liabilities          
Line of Credit Facility [Line Items]          
Outstanding interest payable     6,500,000 $ 6,500,000  
Revolving Credit Facility | Base Rate          
Line of Credit Facility [Line Items]          
Line of credit facility, interest rate per annum   1.00%      
Revolving Credit Facility | SOFR | Leverage Ratio Less Than or Equal to 0.30 to 1.00          
Line of Credit Facility [Line Items]          
Line of credit facility, interest rate per annum   2.00%      
Revolving Credit Facility | SOFR | Leverage Ratio Greater Than 0.30 to 1.00 and Less Than or Equal to 0.40 to 1.00          
Line of Credit Facility [Line Items]          
Line of credit facility, interest rate per annum   2.25%      
Revolving Credit Facility | SOFR | Leverage Ratio Greater Than 0.40 to 1.00          
Line of Credit Facility [Line Items]          
Line of credit facility, interest rate per annum   2.50%      
Delayed Draw Term Loan Facility          
Line of Credit Facility [Line Items]          
Commitment amount     0 0  
Line of credit facility, commitments amount $ 500,000,000        
Interest expense     400,000 400,000  
Interest payments     0 0  
Unamortized debt issuance cost     $ 11,400,000 $ 11,400,000  
Maturity date Mar. 25, 2026     Mar. 25, 2030  
Credit Agreement          
Line of Credit Facility [Line Items]          
Commitment amount $ 2,500,000,000        
[1] Includes accrued interest payable related to the Revolving Credit Facility of $6.5 million, Senior Notes of $44.1 million, and DDTL Credit Facility of $0.4 million as of June 30, 2026, and accrued interest payable for Revolving Credit Facility of $1.2 million and Senior Notes of $46.4 million as of December 31, 2025.