Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Trading Arrangement:
Trading Arrangement [Axis]
US commercial paper
US Commercial Paper [Member]
US Commercial Paper
Maximum
Maximum [Member]
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
$500 Million Term Loan Agreement Due August 2027
$500 Million Term Loan Agreement Due August 2027 [Member]
$500 Million Term Loan Agreement Due August 2027
Short-term Debt, Type [Axis]
Short-Term Debt, Type [Axis]
Title of 12(b) Security
Title of 12(b) Security
Subsequent event
Subsequent Event [Member]
Carrying Value
Carrying value
Reported Value Measurement [Member]
3.875% Notes due 2035
Senior Unsecured Notes Payable 3.875 Due 2035 [Member]
Senior Unsecured Notes Payable 3.875 Due 2035
Fair Value - asset (liability)
Derivative Assets (Liabilities), at Fair Value, Net
Weighted average interest rate (as a percent)
Debt, Weighted Average Interest Rate
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Multi-Currency Term Loan
Multi-Currency Term Loan [Member]
Multi-Currency Term Loan
Real Estate [Line Items]
Real Estate [Line Items]
Segment Reporting [Abstract]
Segment Reporting [Abstract]
Common stock and paid in capital, par value $0.01 per share, 1,300,000 shares authorized, 946,202 and 933,975 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Common Stocks, Including Additional Paid in Capital
UK Retail Park Properties
UK Retail Park Properties [Member]
UK Retail Park Properties
Guarantor obligation, maximum
Guarantor Obligations, Maximum Exposure, Undiscounted
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Passport Park Joint Venture - Preferred Equity Interest
Passport Park Joint Venture - Preferred Equity Interest [Member]
Passport Park Joint Venture - Preferred Equity Interest
Gain (loss) on remeasurement of certain assets and liabilities
Unrealized Gain (Loss), Re-measurement, Certain Assets And Liabilities
Unrealized Gain (Loss), Re-measurement, Certain Assets And Liabilities
Conversion price (in dollars per share)
Debt Instrument, Convertible, Conversion Price
5.125% Notes due 2034
Senior Unsecured Notes Payable 5.125 Due February 2034 [Member]
Senior Unsecured Notes Payable 5.125 Due February 2034
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Weighted Average Strike Rate
Derivative, Average Swaption Interest Rate
Price of par value (as a percent)
Debt Instrument, Offering Price, Percentage
Debt Instrument, Offering Price, Percentage
Investment in loans and financing receivables, net
Investment In Loans And Financing Receivables, Net
Investment In Loans And Financing Receivables, Net
Leases [Abstract]
Leases [Abstract]
Lease intangible liabilities
Real Estate Properties Acquired, Lease Intangible Liabilities
Represents the lease intangible assets recorded as part of the real estate acquisition.
Consolidated Entities [Domain]
Consolidated Entities [Domain]
RI Credit Facilities
RI Credit Facilities [Member]
RI Credit Facilities
Investment in real estate
Payments to Acquire Commercial Real Estate
Common stock and paid in capital, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Schedule of Lease Intangible Assets, Net
Schedule of Acquired Lease Intangible Assets [Table Text Block]
Tabular disclosure of the acquired lease intangible assets.
Asset Acquisition [Axis]
Asset Acquisition [Axis]
Weighted average remaining years until maturity (in years)
Debt Instrument, Weighted Average Remaining Maturity
Weighted average remaining period until maturity of the debt instrument, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Immediate vesting
Share-Based Payment Arrangement, Tranche One [Member]
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Number of reportable segments
Number of Reportable Segments
U.S. Core Plus Fund
U.S. Core Plus Fund [Member]
U.S. Core Plus Fund
Total real estate held for investment, at cost
Real Estate Investment Property, at Cost
Maximum aggregate capacity of commercial paper program
Commercial Paper Program, Maximum Aggregate Capacity
Commercial Paper Program, Maximum Aggregate Capacity
Schedule of Derivative Financial Instruments
Schedule of Derivative Instruments [Table Text Block]
Short-term Debt, Type [Domain]
Short-Term Debt, Type [Domain]
Other comprehensive income:
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Entity Address, City or Town
Entity Address, City or Town
Shares granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Class of Financing Receivable [Domain]
Class of Financing Receivable [Domain]
Receivables [Abstract]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
3.950% Notes due 2029
Senior Unsecured Notes Payable 3.950 Due February 2029 [Member]
Senior Unsecured Notes Payable 3.950 Due February 2029
Line of credit facility, total interest rate (as a percent)
Debt Instrument, All-In Drawn Pricing, Percentage
Debt Instrument, All-In Drawn Pricing, Percentage
Payment-in-kind interest and dividend income on loans and preferred equity investments
Interest and Dividend Income, Operating, Paid in Kind
Lease intangible assets, net
Total lease intangible assets, net
Intangible Asset, Finite-Lived, after Accumulated Amortization
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
European commercial paper
European Commercial Paper [Member]
European Commercial Paper
1.750% Notes due 2033
Senior Unsecured Notes Payable 1.750 Due July 2033 [Member]
Senior Unsecured Notes Payable 1.750 Due July 2033
Construction Loans
Construction Loan [Member]
Construction Loan
Level 2
Fair Value, Inputs, Level 2 [Member]
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Foreign currency forward, EUR
Foreign Currency Forward, EUR-USD [Member]
Foreign Currency Forward, EUR-USD
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Schedule of Disaggregation of Long-Lived Assets
Segment Reporting, Reconciliation of Asset by Segment to Consolidated [Table Text Block]
Unsettled shares pursuant to forward sale confirmations (in shares)
Forward Contract Indexed to Issuer's Equity, Shares
U.S.
U.S. real estate
UNITED STATES
Property Impairment Group
Property Impairment Group [Member]
Property Impairment Group
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-Term Debt Instruments [Table]
Tenant improvements, recurring capital expenditures and building improvements
Tenant Improvements, Recurring Capital Expenditures And Building Improvements [Member]
Tenant Improvements, Recurring Capital Expenditures And Building Improvements
Schedule of Future Impact Related to Amortization of Above-Market, Below-Market and in-place Lease Intangibles
Schedule of Future Impact of above Market below Market and in Place Lease Intangibles [Table Text Block]
Tabular disclosure of impact of amortizable intangibles assets, in total and by major class, including above-market, below-market and in-place lease intangibles.
Weighted average amortization period for acquired lease intangible liabilities (in years)
Acquired Finite-Lived Intangible Liabilities, Weighted Average Useful Life
Acquired Finite-Lived Intangible Liabilities, Weighted Average Useful Life
Properties sold during the period
Gain (Loss) on Investments [Abstract]
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
Total other comprehensive income
Other comprehensive income
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Accretion of original issue cost
Financing Receivable, Excluding Accrued Interest, Accretion Of Original Issue Cost
Financing Receivable, Excluding Accrued Interest, Accretion Of Original Issue Cost
Non-cash activities:
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Allowance for credit losses, beginning balance
Allowance for credit losses, ending balance
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest
Document Period End Date
Document Period End Date
3.250% Notes due 2031
Senior Unsecured Notes Payable 3.250 Due January 2031 [Member]
Senior Unsecured Notes Payable 3.250 Due January 2031
Distributions payable (in dollars per share)
Dividends Payable, Amount Per Share
5.375% Notes due 2054
Senior Unsecured Notes Payable 5.375 Due September 2054 [Member]
Senior Unsecured Notes Payable 5.375 Due September 2054
Face amount of loan
Principal (Currency Denomination)
Debt Instrument, Face Amount
Debt Instrument, Face Amount
Gain on sales of real estate
Gain on sales of real estate
Gain (Loss) on Sale of Properties
Amounts available to common stockholders per common share:
Earnings Per Share, Basic [Abstract]
Net income generated from acquired properties during the period
Asset Acquisition, Pro Forma Information, Earnings Or Loss Of Acquired Properties Since Acquisition Date, Actual
Asset Acquisition, Pro Forma Information, Earnings Or Loss Of Acquired Properties Since Acquisition Date, Actual
Debt term
Debt Instrument, Term
Forward Sale Confirmations
Weighted average forward ATM offerings that were anti-dilutive
Forward Sale Confirmations [Member]
Forward Sale Confirmations
Effective yield to maturity (as a percent)
Debt Instrument, Interest Rate, Effective Percentage
Contributions from noncontrolling interests, net of costs
Contributions from noncontrolling owners
Proceeds from Noncontrolling Interests
Lessor Operating Leases
Lessor, Operating Leases [Text Block]
Number of Properties, Acquisitions
Real Estate Property Investments, Number Of New Properties
Real Estate Property Investments, Number Of New Properties
Supplemental Disclosures of Cash Flow Information
Cash Flow, Supplemental Disclosures [Text Block]
Reportable Segment
Reportable Segment [Member]
Reportable Segment
Impaired assets, measurement input
Impaired Assets, Measurement Input
Impaired Assets, Measurement Input
Common Class B
Common Class B [Member]
Accumulated other comprehensive income
Accumulated Other Comprehensive Income (Loss), Net of Tax
Entity Shell Company
Entity Shell Company
3.390% Notes due 2037
Senior Unsecured Notes Payable 3.390 Due June 2037 [Member]
Senior Unsecured Notes Payable 3.390 Due June 2037
Mortgages Payable
Mortgages [Member]
3.875% Notes due 2035
Senior Unsecured Notes Payable 3.875 Due June 2035 [Member]
Senior Unsecured Notes Payable 3.875 Due June 2035
Non-recurring building improvements
Nonrecurring Building Real Estate Improvements
Amount of nonrecurring building real estate improvements related to real estate investments during the period.
Net Income per Common Share
Earnings Per Share [Text Block]
Earnings Per Share [Abstract]
Earnings Per Share [Abstract]
Document Fiscal Period Focus
Document Fiscal Period Focus
Non-cash revenue adjustments
Other Noncash Income
Rental (including reimbursements)
Total rental revenue (including reimbursements)
Lease Income
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
Schedule of Disaggregation of Revenue by Segment
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Table Text Block]
Total liabilities
Total liabilities
Liabilities
Trading Symbol
Trading Symbol
Combined blended interest rate (as a percent)
Debt And Derivative Instrument, Blended Interest Rate
Debt And Derivative Instrument, Blended Interest Rate
Extension options, period
Guarantor Obligation, Option To Extend, Period
Guarantor Obligation, Option To Extend, Period
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss [Line Items]
Company Selected Measure Name
Company Selected Measure Name
Sale of Stock [Domain]
Sale of Stock [Domain]
Number of Properties, Real estate properties under development
Real Estate Property Investments, Number Of Properties Under Development
Real Estate Property Investments, Number Of Properties Under Development
Distributions to noncontrolling interests
Payments of Ordinary Dividends, Noncontrolling Interest
Borrowings on revolving credit facilities and commercial paper programs
Proceeds From Long Term Lines Of Credit And Issuance Of Commercial Paper
The cash inflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time; and borrowing by issuing commercial paper.
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash
Restrictions on Cash and Cash Equivalents [Table Text Block]
Derivative, fixed interest rate (as a percent)
Derivative, Fixed Interest Rate
ATM Program
At The Market Program [Member]
Represents information pertaining to the Company's At-the-Market (ATM) Program.
Currency Swap, EUR
Currency Swap, EUR [Member]
Currency Swap, EUR
Commitment fee (as a percent)
Line of Credit Facility, Commitment Fee Percentage
Line Of Credit Facility Tranches [Domain]
Line Of Credit Facility Tranches [Domain]
Line Of Credit Facility Tranches [Domain]
Credit Facility [Domain]
Credit Facility [Domain]
CASH FLOWS FROM OPERATING ACTIVITIES
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]
Distributions paid per common share (in dollars per share)
Common Stock, Dividends, Per Share, Cash Paid
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
Line of Credit Facility [Table]
Line of Credit Facility [Table]
Deferred income tax expense
Deferred Income Taxes and Tax Credits
Number of currencies allowable per facility
Line Of Credit Facility, Number Of Currencies Allowable
Line Of Credit Facility, Number Of Currencies Allowable
Distributions payable
Dividends Payable
Vesting rights (as a percent)
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage
Schedule of Gain on Sales of Real Estate
Disposal Groups, Including Discontinued Operations [Table Text Block]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
EURIBOR
Euribor Future [Member]
Expected net proceeds from sale of stock
Sale Of Stock, Expected Consideration On Transaction
Sale Of Stock, Expected Consideration On Transaction
Award Timing Predetermined
Award Timing Predetermined [Flag]
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Level 1
Fair Value, Inputs, Level 1 [Member]
Grantee Status [Domain]
Grantee Status [Domain]
Conversion ratio
Debt Instrument, Convertible, Conversion Ratio
Incremental shares from share-based compensation (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements
Industrial
Product And Service, Industrial [Member]
Product And Service, Industrial
Class of Financing Receivable [Axis]
Class of Financing Receivable [Axis]
5.125% Notes due 2035
Senior Unsecured Notes Payable 5.125 Due April 2035 [Member]
Senior Unsecured Notes Payable 5.125 Due April 2035
Interest rate swaptions
Interest Rate Swaption [Member]
3.000% Notes due 2027
Senior Unsecured Notes Payable 3.000 Due January 2027 [Member]
Senior Unsecured Notes Payable 3.000 Due January 2027
Vesting [Domain]
Vesting [Domain]
Scenario [Domain]
Scenario [Domain]
Antidilutive Securities [Axis]
Antidilutive Securities [Axis]
Right of use asset - operating leases, net
Operating Lease, Right-of-Use Asset
Interest rate swap unrealized gain expected to be reclassified within next twelve months
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net
Apollo
Apollo [Member]
Apollo
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Noncontrolling interests
Noncontrolling Interest [Line Items]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Total unrealized (loss) gain on derivatives, net
Other Comprehensive Income (Loss), Hedges, Gain (Loss), After Reclassification And Tax, Parent
Other Comprehensive Income (Loss), Hedges, Gain (Loss), After Reclassification And Tax, Parent
Revolving credit facilities and commercial paper
Amounts drawn on the facility since its inception
Long-Term Line of Credit
Cash distributions to common stockholders
Payments of Ordinary Dividends, Common Stock
2.850% Notes due 2032
Senior Unsecured Notes Payable 2.850 Due December 2032 [Member]
Senior Unsecured Notes Payable 2.850 Due December 2032
Expiration Date
Trading Arrangement Expiration Date
2030
Long-Term Debt, Maturity, Year Four
Hedging Relationship [Axis]
Hedging Relationship [Axis]
Real Estate [Table]
Real Estate [Table]
Total equity
Beginning balance
Ending balance
Equity, Including Portion Attributable to Noncontrolling Interest
Investment in unconsolidated entities
Carrying Amount of Investment
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures
3.250% Notes due 2029
Senior Unsecured Notes Payable 3.250 Due June 2029 [Member]
Senior Unsecured Notes Payable 3.250 Due June 2029
Weighted Average Term (Years)
Financing Receivable, Weighted Average Term
Financing Receivable, Weighted Average Term
Aggregate Pension Adjustments Service Cost
Aggregate Pension Adjustments Service Cost [Member]
Derivative [Table]
Derivative [Table]
Proceeds from common stock offerings, net
Net proceeds
Proceeds from Issuance of Common Stock
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Antidilutive Security, Excluded EPS Calculation [Table]
3.100% Notes due 2029
Senior Unsecured Notes Payable 3.100 Due December 2029 [Member]
Senior Unsecured Notes Payable 3.100 Due December 2029
Passport Park Joint Venture
Passport Park Joint Venture [Member]
Passport Park Joint Venture
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]
Number of Properties
Real Estate Property Investments, Number of New Properties and Properties under Development
The number of new properties and properties under development in which the entity invested during the period.
Remaining unamortized share-based compensation expense
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount
Segments [Domain]
Segments [Domain]
Other Noncontrolling Interests
Other Noncontrolling Interests [Member]
Represents information pertaining to other entities in which there is a noncontrolling interest.
Interest rate swaps
Interest Rate Swap [Member]
Debt
Debt
Debt Disclosure [Text Block]
Scenario [Axis]
Scenario [Axis]
At-the-Market (ATM) Program
At The Market Program [Abstract]
n/a
Interest drawn on loans
Financing Receivable, Excluding Accrued Interest, Interest Drawn
Financing Receivable, Excluding Accrued Interest, Interest Drawn
Extension period
Debt Instrument, Extension Period
Debt Instrument, Extension Period
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Total expenses
Costs and Expenses
Number of properties:
Real Estate, Number Of Properties [Abstract]
Real Estate, Number Of Properties
Stated interest rate (as a percent)
Interest rate (as a percent)
Debt Instrument, Interest Rate, Stated Percentage
Distributions paid and payable
Dividends, Common Stock, Cash
Total stockholders’ equity
Equity, Attributable to Parent
Real Estate [Domain]
Real Estate [Domain]
6.000% Notes due 2039
Senior Unsecured Notes Payable 6.000 Due December 2039 [Member]
Senior Unsecured Notes Payable 6.000 Due December 2039
Equity Offering Costs
Equity Offering Costs [Policy Text Block]
Disclosure of accounting policy for equity offering costs.
Multicurrency Credit Facility Maturing April 2029
Multicurrency Credit Facility Maturing April 2029 [Member]
Multicurrency Credit Facility Maturing April 2029
ASSETS
Assets [Abstract]
Retail
Product And Service, Retail [Member]
Product And Service, Retail
Insider Trading Policies and Procedures [Line Items]
Performance Shares
Performance Shares [Member]
Corporate assets, net
Other Corporate Assets, Net
Other assets classified as assets of the corporation and not otherwise separately disclosed, net of accumulated depreciation and amortization.
Supplemental Detail for Certain Components of Consolidated Balance Sheets
Supplemental Balance Sheet Disclosures [Text Block]
1.800% Notes due 2033
Senior Unsecured Notes Payable 1.800 Due March 2033 [Member]
Senior Unsecured Notes Payable 1.800 Due March 2033
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]
Schedule of Common Stock Issuances
Schedule Of Common Stock Issuances [Table Text Block]
Schedule Of Common Stock Issuances
Number of operating segments
Number of Operating Segments
Anti-dilutive securities excluded from computation (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Other assets
Real Estate Properties Acquired, Other Assets
Represents the other assets recorded as part of the real estate acquisition.
Entity Central Index Key
Entity Central Index Key
Equity [Abstract]
Equity [Abstract]
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]
2026
Long-Term Debt, Maturity, Remainder of Fiscal Year
Ownership [Axis]
Ownership [Axis]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Investment, Name [Axis]
Investment, Name [Axis]
Designated as hedging instrument
Designated as Hedging Instrument [Member]
Thereafter
Long-Term Debt, Maturity, after Year Four
Long-Term Debt, Maturity, after Year Four
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Lease intangible liabilities, net, consist of the following at:
Below Market Lease, Net [Abstract]
Total realized foreign currency and derivative loss, net
Gain (Loss) On Foreign Currency And Derivative, Net, Realized
Gain (Loss) On Foreign Currency And Derivative, Net, Realized
Basis spread on variable rate (as a percent)
Debt Instrument, Basis Spread on Variable Rate
Rental revenue generated from acquisitions from investment grade tenants (as a percent)
Rental Revenue Generated From Acquisitions, Investment Grade Tenants, Percentage
Rental Revenue Generated From Acquisitions, Investment Grade Tenants, Percentage
Variable Rate [Domain]
Variable Rate [Domain]
3.625% Senior Unsecured Notes Due July 2032
3.625% Senior Unsecured Notes Due July 2032 [Member]
3.625% Senior Unsecured Notes Due July 2032
Gain on sales of real estate
Gain (Loss) on Sale of Properties, Excluding Additional Proceeds Received
Gain (Loss) on Sale of Properties, Excluding Additional Proceeds Received
0.750% Notes due 2026
Senior Unsecured Notes Payable 0.750 Due March 2026 [Member]
Senior Unsecured Notes Payable 0.750 Due March 2026
Accumulated other comprehensive income
AOCI Attributable to Parent [Member]
All Individuals
All Individuals [Member]
Number of assets acquired
Asset Acquisition, Acquired, Number
Asset Acquisition, Acquired, Number
Statement [Line Items]
Statement [Line Items]
Total assets
Total assets
Assets
Weighted average forward exchange rate
Derivative, Average Forward Exchange Rate
Interest
Interest Expense, Operating
Shares remaining for future issuance (in shares)
Common Stock, Capital Shares Reserved for Future Issuance
Convertible Notes
Convertible Debt [Member]
Mortgages payable
Loans Payable, Fair Value Disclosure
Common Stock Incentive Plan
Share-Based Payment Arrangement [Text Block]
2.730% Notes due 2034
Senior Unsecured Notes Payable 2.730 Due May 2034 [Member]
Senior Unsecured Notes Payable 2.730 Due May 2034
PEO
PEO [Member]
2028
Long-Term Debt, Maturity, Year Two
Dilutive effect of forward ATM offerings (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements
Goodwill
Goodwill
Debt service coverage ratio
Debt Instrument Covenant Debt Service Coverage Ratio
Represents the debt service coverage ratio required to be maintained under financial covenants.
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Revolving credit facility
Revolving Credit Facility [Member]
Increase (Decrease) in Stockholders' Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock and paid in capital, outstanding (in shares)
Beginning balance (in shares)
Ending balance (in shares)
Common Stock, Shares, Outstanding
Award Timing Disclosures [Line Items]
Schedule of Financial Instruments Not Measured at Fair Value on our Consolidated Balance Sheets
Fair Value, by Balance Sheet Grouping [Table Text Block]
Net income, diluted (in dollars per share)
Earnings Per Share, Diluted
Remaining assets
Assets, Excluding Long-Lived Assets
Assets, Excluding Long-Lived Assets
Finance Receivable Allowance for Credit Loss [Roll Forward]
Finance Receivable Allowance for Credit Loss [Roll Forward]
Finance Receivable Allowance for Credit Loss
Derivative Instruments
Derivatives, Methods of Accounting, Hedging Derivatives [Policy Text Block]
Provisions for credit losses on loans and financing receivables
Financing Receivable, Credit Loss, Expense (Reversal)
Accounts receivable, net, consist of the following at:
Accounts Receivable Additional Disclosures [Abstract]
Depreciation and amortization expense
Intangible Asset, Finite-Lived, Amortization Expense
Intangible Asset, Finite-Lived [Line Items]
Intangible Asset, Finite-Lived [Line Items]
Ownership [Domain]
Ownership [Domain]
Loans Receivable, Acquisition, Development and Construction ("ADC") Arrangements and Financing Receivables
Financing Receivable, Held-for-Investment [Policy Text Block]
Currency Swap, USD 1
Currency Swap, USD 1 [Member]
Currency Swap, USD 1
Financing Receivable
Financing Receivable [Member]
Carrying amount of investments in excess of underlying equity in net assets
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity
Sterling-Denominated Term Loan Facility
Sterling-Denominated Term Loan Facility [Member]
Sterling-Denominated Term Loan Facility
Share-based Payment Arrangement [Abstract]
Share-Based Payment Arrangement [Abstract]
Extension option term
Debt Instrument, Extension Option Term
Debt Instrument, Extension Option Term
Current borrowing capacity
Line of Credit Facility, Remaining Borrowing Capacity
Estimated development costs
Real Estate Investment, Estimated Development Costs
Real Estate Investment, Estimated Development Costs
Schedule of Investment in Unconsolidated Entities
Equity Method Investments [Table Text Block]
Reallocation of equity
Noncontrolling Interest, Reallocation Of Equity
Noncontrolling Interest, Reallocation Of Equity
5.750% Notes due 2031
Senior Unsecured Notes Payable 5.750 Due December 2031 [Member]
Senior Unsecured Notes Payable 5.750 Due December 2031
Number of net lease properties contributed
Number Of Net Lease Properties Contributed
Number Of Net Lease Properties Contributed
Share repurchases
Stock Repurchased During Period, Value
Equity Awards Adjustments, Footnote
Equity Awards Adjustments, Footnote [Text Block]
Schedule of Unrealized Gain (Loss) on Derivatives in Other Comprehensive Income
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
4.875% Notes due 2026
Senior Unsecured Notes Payable 4.875 Due June 2026 [Member]
Senior Unsecured Notes Payable 4.875 Due June 2026
Weighted Average Lease Term (Years)
Lessor, Operating Lease, Term of Contract
Schedule of Maturity of Debt, Net
Schedule of Maturities of Long-Term Debt [Table Text Block]
Loss on the settlement of designated derivatives reclassified from AOCI
Derivative, Realized Gain (Loss), Reclassification Upon Settlement
Derivative, Realized Gain (Loss), Reclassification Upon Settlement
Schedule of Equity Method Investments [Table]
Equity Method Investment [Table]
Sale of Stock [Axis]
Sale of Stock [Axis]
Impounds related to mortgages payable
Escrow Deposit
Weighted average interest rate (as a percent)
Long-Term Debt, Weighted Average Interest Rate, at Point in Time
Deferred rent on below market leases
Real Estate Properties Acquired, Other Liabilities, Deferred Rent On Below Market Leases
Real Estate Properties Acquired, Other Liabilities, Deferred Rent On Below Market Leases
Schedule of Monthly Distributions Paid per Common Share
Dividends Declared [Table Text Block]
Gain (loss) on the settlement of transactions with third parties
Foreign Currency And Derivative, Realized Gain (Loss), Settlement With Third Parties
Foreign Currency And Derivative, Realized Gain (Loss), Settlement With Third Parties
Net increase (decrease) to rental revenue
Finite Lived Intangible Assets Rental Income Increase (Decrease) [Abstract]
No definition available.
Accrued costs on properties under development
Construction Payable
Notes and bonds payable
Notes and bonds payable
Notes Payable, Fair Value Disclosure
Real estate held for investment, at cost:
Real Estate Investment Property, at Cost [Abstract]
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Properties available for lease or sale
Property Available For Lease Or Sale [Member]
Property Available For Lease Or Sale [Member]
Schedule of Impaired Long-Lived Assets Held and Used [Table]
Long-Lived Asset, Held and Used, Impairment [Table]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Carrying value prior to impairment
Investment Building and Building Improvements, Prior To Impairment
Investment Building and Building Improvements, Prior To Impairment
Common stock and paid in capital, issued (in shares)
Common Stock, Shares, Issued
4.750% Notes
4.750% Senior Unsecured Notes Due April 2033 [Member]
4.750% Senior Unsecured Notes Due April 2033
Term loans, net
Loans Payable
Recurring capital expenditures
Recurring Capital Expenditures Real Estate Improvements
Amount of recurring capital expenditures real estate improvements related to real estate investments during the period.
4.125% Notes due 2026
Senior Unsecured Notes Payable 4.125 Due October 2026 [Member]
Senior Unsecured Notes Payable 4.125 Due October 2026
Product and Service [Domain]
Product and Service [Domain]
Class of Stock [Line Items]
Class of Stock [Line Items]
Disaggregation of Revenue [Table]
Disaggregation of Revenue [Table]
U.S. Dollar-Denominated Unsecured Commercial Paper Program
U.S. Dollar-Denominated Unsecured Commercial Paper Program [Member]
U.S. Dollar-Denominated Unsecured Commercial Paper Program
Investments in existing properties
Real Estate Investments In Existing Properties [Member]
Represents information pertaining to investments in existing real estate properties.
Variable interest entity
Variable Interest Entity [Line Items]
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
SONIA
Sterling Overnight Indexed Average (SONIA) [Member]
Sterling Overnight Indexed Average (SONIA)
Impaired Long-Lived Assets Held and Used, Asset Name [Domain]
Impaired Long-Lived Assets Held and Used, Asset Name [Domain]
Variable to fixed interest rate swap
Variable To Fixed Interest Rate Swap [Member]
Variable To Fixed Interest Rate Swap
Total
Finite Lived Intangible Assets Rental Income Increase (Decrease)
Represents the amount of increase (decrease) in rental income expected to be recognized from assets, lacking physical substance with a finite life.
Termination Date
Trading Arrangement Termination Date
Other Commitments [Axis]
Other Commitments [Axis]
Noncontrolling Interest [Table]
Noncontrolling Interest [Table]
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Other liabilities consist of the following at:
Other Liabilities [Abstract]
Fair Value as of Grant Date
Award Grant Date Fair Value
Term Loans
Senior Unsecured Term Loans [Member]
Represents information pertaining to senior unsecured term loans.
Weighted average forward price (in dollars per share)
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
Remaining under the share repurchase program
Share Repurchase Program, Remaining Authorized, Amount
Arrangement Duration
Trading Arrangement Duration
Retail
Retail Site [Member]
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Entity Registrant Name
Entity Registrant Name
5.125% Notes due 2034
Senior Unsecured Notes Payable 5.125 Due 2034 [Member]
Senior Unsecured Notes Payable 5.125 Due 2034
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
Number of countries
Number of Countries in which Entity Operates
Lease intangible assets, gross
Intangible Asset, Finite-Lived, before Accumulated Amortization
Total revenue
Revenues
Equity in earnings of unconsolidated entities
Equity in earnings of unconsolidated entities
Equity in earnings of unconsolidated entities
Income (Loss) from Equity Method Investments
Other assets, net, consist of the following at:
Other Assets [Abstract]
Accounts payable, accrued expenses and other liabilities
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Provisions for impairment of real estate
Less: total provisions for impairment of real estate
Impairment of Real Estate
Vesting period (in years)
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period
Intangible Asset, Finite-Lived, Class [Domain]
Intangible Asset, Finite-Lived, Class [Domain]
Other liabilities
Real Estate Properties Acquired, Other Liabilities
Represents the other liabilities recorded as part of the real estate acquisition.
Award Type [Domain]
Award Type [Domain]
Merger, Transaction, and Other Costs, Net
Business Combinations and Other Purchase of Business Transactions, Policy [Policy Text Block]
Level 3
Fair Value, Inputs, Level 3 [Member]
Aggregate amount the facilities can be increased
Line Of Credit Facility, Maximum Borrowing Capacity, Accordion Feature, Increase Limit
Line Of Credit Facility, Maximum Borrowing Capacity, Accordion Feature, Increase Limit
2027
Intangible Asset, Finite-Lived, Estimated Amortization Expense, Year One
Third-party partnership ownership interest (as a percent)
Subsidiary, Ownership Percentage, Noncontrolling Owner
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger
Geographical [Axis]
Geographical [Axis]
Restricted escrow deposits
Restricted escrow deposits
Restricted Cash
Weighted average borrowing rate during the period (as a percent)
Line of Credit Facility, Interest Rate During Period
Other assets, net
Total other assets, net
Other Assets
Legal Entity [Axis]
Legal Entity [Axis]
Interest incurred on notes and bonds
Interest Expense, Debt
4.500% Notes due 2033
Senior Unsecured Notes Payable 4.500 Due February 2033 [Member]
Senior Unsecured Notes Payable 4.500 Due February 2033
Cash, cash equivalents and restricted cash, beginning of period
Cash, cash equivalents and restricted cash, end of period
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Schedule of Finite-Lived Intangible Assets [Table]
Intangible Asset, Finite-Lived [Table]
Sold
Impaired Properties Sold Number
The number of impaired properties sold.
Increase in additional paid in capital
Adjustments To Additional Paid In Capital, Increase From Noncontrolling Interest
Adjustments To Additional Paid In Capital, Increase From Noncontrolling Interest
Quarterly distribution, percentage of available cash flow
Quarterly Distribution, Percentage Of Available Cash Flow
Quarterly Distribution, Percentage Of Available Cash Flow
Schedule of Gain (Loss) on Derivatives Reclassified from Accumulated Other Comprehensive Income (Loss)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Non-NEOs
Non-NEOs [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Employee
Share-Based Payment Arrangement, Employee [Member]
Debt outstanding
Real Estate Properties Acquired, Liabilities
Real Estate Properties Acquired, Liabilities
Ownership (as a percent)
Equity Method Investment, Ownership Percentage
2028
Intangible Asset, Finite-Lived, Estimated Amortization Expense, Year Two
Schedule of General
Schedule of Debt [Table Text Block]
Investment, Name [Domain]
Investment, Name [Domain]
PLN currency exchange swap
Foreign Exchange Contract, EUR To PLN [Member]
Foreign Exchange Contract, EUR To PLN
2027
Long-Term Debt, Maturity, Year One
Long-term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
Repurchases of common stock
Repurchase of common stock
Payments for Repurchase of Common Stock
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Minimum rent
Minimum Rental Income
Minimum Rental Income
Award Type [Axis]
Award Type [Axis]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
Other items
Other Sundry Liabilities
Product and Service [Axis]
Product and Service [Axis]
Investment in loans and preferred equity
Payments to Acquire Loans Receivable
Unrealized (loss) gain on derivatives, net
Total derivatives in cash flow hedging relationships
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
Shares of common stock
Common stock
Common Stock [Member]
Debt instrument basis spread reduction
Debt Instrument, All-In Drawn Pricing Reduction, Percentage
Debt Instrument, All-In Drawn Pricing Reduction, Percentage
Bellagio Las Vegas Joint Venture
Bellagio Las Vegas Joint Venture [Member]
Bellagio Las Vegas Joint Venture
Schedule of Rental Revenue
Operating Lease, Lease Income [Table Text Block]
4.450% Notes due 2026
Senior Unsecured Notes Payable 4.450 Due September 2026 [Member]
Senior Unsecured Notes Payable 4.450 Due September 2026
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Abstract]
2027
Finite Lived Intangible Assets Rental Income Increase (Decrease) Year One
Finite Lived Intangible Assets Rental Income Increase (Decrease) Year One
Bellagio Las Vegas Joint Venture - Common Equity Interest
Bellagio Las Vegas Joint Venture - Common Equity Interest [Member]
Bellagio Las Vegas Joint Venture - Common Equity Interest
Increase to amortization expense
Intangible Asset, Finite-Lived, after Accumulated Amortization, Estimated Amortization Expense, Fiscal Year Maturity [Abstract]
Proceeds from shares intended to settle
Forward Contract Indexed to Equity, Settlement, Cash, Amount
Derivative Contract [Domain]
Derivative Contract [Domain]
4.700% Notes due 2028
Senior Unsecured Notes Payable 4.700 Due December 2028 [Member]
Senior Unsecured Notes Payable 4.700 Due December 2028
Security deposits
Security Deposit Liability
Total liabilities and equity
Liabilities and Equity
Currency Swap, USD
Currency Swap, USD [Member]
Currency Swap, USD
Employee Stock Option
Share-Based Payment Arrangement, Option [Member]
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Table]
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Table]
Noncontrolling interests
Carrying value at beginning of the period
Carrying value at end of the period
Equity, Attributable to Noncontrolling Interest
Segments [Axis]
Segments [Axis]
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Tabular List, Table
Tabular List [Table Text Block]
Vesting [Axis]
Vesting [Axis]
Mortgages, term loans, credit line
Mortgages, Loans Payable, And Line Of Credit [Member]
Mortgages, Loans Payable, And Line Of Credit [Member]
Notes Payable
Notes Payable
Notes payable
Notes Payable to Banks [Member]
2029
Intangible Asset, Finite-Lived, Estimated Amortization Expense, Year Three
5.625% Notes due 2032
Senior Unsecured Notes Payable 5.625 Due October 2032 [Member]
Senior Unsecured Notes Payable 5.625 Due October 2032
2026
Intangible Asset, Finite-Lived, Estimated Amortization Expense, Remainder of Fiscal Year
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Investments in real estate properties
Real Estate Properties [Line Items]
Real Estate Properties [Line Items]
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]
5.875% Bonds due 2035
Bonds Payable 5.875 Due March 2035 [Member]
Bonds Payable 5.875 Due March 2035
Currency Swap, USD 3
Currency Swap, USD 3 [Member]
Currency Swap, USD 3
Long-Lived Asset, Class [Domain]
Long-Lived Asset, Class [Domain]
1.625% Notes due 2030
Senior Unsecured Notes Payable 1.625 Due December 2030 [Member]
Senior Unsecured Notes Payable 1.625 Due December 2030
4.875% Notes due 2030
Senior Unsecured Notes Payable 4.875 Due July 2030 [Member]
Senior Unsecured Notes Payable 4.875 Due July 2030
Adjustment to Compensation:
Adjustment to Compensation [Axis]
Net investment in sales type and direct financing leases
Net Investment in Lease, after Allowance for Credit Loss
Lease termination income
Lease Termination Income
Lease Termination Income
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Cash paid for interest
Interest Paid, Excluding Capitalized Interest, Operating Activity
Sales agents' commissions and other offering expenses
Payments of Stock Issuance Costs, Sales Agent Commission and Other Offering Expenses
Payments of Stock Issuance Costs, Sales Agent Commission and Other Offering Expenses
Hedging Designation [Axis]
Hedging Designation [Axis]
Credit Facility [Axis]
Credit Facility [Axis]
Total assets
Assets, Fair Value Disclosure
Name
Measure Name
Pay vs Performance Disclosure [Line Items]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Debt
Accounts Payable and Accrued Expenses
Debt Instrument [Line Items]
Schedule Allocation of Acquisitions
Schedule Of Asset Acquisitions, Allocation [Table Text Block]
Schedule Of Asset Acquisitions, Allocation
Interest income on financing receivables
Interest and Fee Income, Financing Receivable
2029
Finite Lived Intangible Assets Rental Income Increase (Decrease) Year Three
Represents the amount of increase (decrease) in rental income expected to be recognized during the third fiscal year following the latest fiscal year from assets, lacking physical substance with a finite life.
Allowance for Credit Losses
Financing Receivable [Policy Text Block]
Investment company, committed capital
Investment Company, Committed Capital
3.400% Notes due 2030
Senior Unsecured Notes Payable 3.400 Due January 2030 [Member]
Senior Unsecured Notes Payable 3.400 Due January 2030
Impairments of goodwill
Goodwill, Impairment Loss
Schedule of the Change in the Carrying Value of all Noncontrolling Interests
Schedule of Minority Interest Roll Forward [Table Text Block]
Tabular disclosure of the change in minority interest.
Long-Lived Asset, Held and Used, Impairment [Line Items]
Long-Lived Asset, Held and Used, Impairment [Line Items]
Interest receivable
Interest Receivable
Schedule of Foreign Currency and Derivative Gain (Loss), Net
Schedule Of Derivative And Foreign Currency Gain (Loss) [Table Text Block]
Schedule Of Derivative And Foreign Currency Gain (Loss)
Name
Trading Arrangement, Individual Name
Capital calls
Investment, Capital Calls
Investment, Capital Calls
Cash and cash equivalents
Cash and cash equivalents shown in the consolidated balance sheets
Cash and Cash Equivalent
Company Selected Measure Amount
Company Selected Measure Amount
Schedule of Income and Comprehensive Income
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated [Table Text Block]
Depreciation and amortization
Depreciation and amortization
Depreciation, Depletion and Amortization
4.875% Notes due 2030
Senior Unsecured Notes Payable 4.875 Due 2030 [Member]
Senior Unsecured Notes Payable 4.875 Due 2030
SOFR
Secured Overnight Financing Rate (SOFR) [Member]
Share-based compensation, net (in shares)
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture
Real Estate [Abstract]
Real Estate [Abstract]
Term loans
Unsecured Debt, Fair Value Disclosure
Unsecured Debt, Fair Value Disclosure
Non-PEO NEO
Non-PEO NEO [Member]
5.250% Notes due 2041
Senior Unsecured Notes Payable 5.250 Due September 2041 [Member]
Senior Unsecured Notes Payable 5.250 Due September 2041
Award Timing Method
Award Timing Method [Text Block]
Other
Product and Service, Other [Member]
Net increase in cash, cash equivalents and restricted cash
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Forecast
Forecast [Member]
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Number of extension options
Guarantor Obligation, Option To Extend, Number
Guarantor Obligation, Option To Extend, Number
Value-added tax payable
Sales and Excise Tax Payable
Long-term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Above-market leases
Above Market Leases [Member]
Restatement Determination Date:
Restatement Determination Date [Axis]
Nonemployee
Share-Based Payment Arrangement, Nonemployee [Member]
DRSPP
Dividend Reinvestment And Stock Purchase Plan [Member]
Dividend Reinvestment And Stock Purchase Plan [Member]
Proceeds from notes payable issued
Proceeds from Notes Payable
Proceeds from dividend reinvestment and stock purchase plan
Gross proceeds
Proceeds from Dividend Reinvestment and Stock Purchase Plan Net
The cash inflow from dividend reinvestment and stock purchase plan.
Schedule of Other Assets, Net
Schedule of Other Assets [Table Text Block]
Total derivatives in fair value and net investment hedging relationships
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax
Accrued income taxes
Accrued Income Taxes
3.375% Notes due 2031
Senior Unsecured Notes Payable 3.375 Due 2031 [Member]
Senior Unsecured Notes Payable 3.375 Due 2031
REVENUE
Revenues [Abstract]
4.750% Notes due 2033
Senior Unsecured Notes Payable 4.750 Due April 2033 [Member]
Senior Unsecured Notes Payable 4.750 Due April 2033
Pension Benefits Adjustments, Footnote
Pension Benefits Adjustments, Footnote [Text Block]
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Additional to finance development
Equity Method Investment, Additional to Finance Development
Equity Method Investment, Additional to Finance Development
1.125% Notes due 2027
Senior Unsecured Notes Payable 1.125 Due July 2027 [Member]
Senior Unsecured Notes Payable 1.125 Due July 2027
Impaired Long-Lived Assets Held and Used by Type [Axis]
Impaired Long-Lived Assets Held and Used by Type [Axis]
Document Fiscal Year Focus
Document Fiscal Year Focus
Merger, transaction, and other costs, net
Business Combination, Acquisition-Related Cost, Expense
2026
Finite Lived Intangible Assets Rental Income Increase (Decrease) Remainder of Fiscal Year
Represents the amount of increase (decrease) in rental income expected to be recognized in the remainder of the fifth fiscal year following the latest fiscal year from assets, lacking physical substance with a finite life.
Straight-line rent receivables, net
Deferred Rent Receivables, Net
Property (including reimbursements)
Property expenses (excluding reimbursements)
Direct Costs of Leased and Rented Property or Equipment
Tranche Two
Tranche Two [Member]
Tranche Two
Net increase (decrease) in fair value of derivatives
Increase (Decrease) in Fair Value of Derivatives, Net
Increase (Decrease) in Fair Value of Derivatives, Net
Schedule of Note Issuances
Schedule of Long-Term Debt Instruments [Table Text Block]
Performance period (in years)
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Requisite Service Period
Re-leasing costs
Re-Leasing Costs
Amount of re-leasing costs related to real estate investments during the period.
Line of Credit
Line of Credit [Member]
Restatement Determination Date
Restatement Determination Date
3.650% Notes due 2028
Senior Unsecured Notes Payable 3.650 Due January 2028 [Member]
Senior Unsecured Notes Payable 3.650 Due January 2028
Loss on the settlement of undesignated derivatives
Derivative Instruments Not Designated As Hedging Instruments, Realized Gain (Loss) On Settlement
Derivative Instruments Not Designated As Hedging Instruments, Realized Gain (Loss) On Settlement
Foreign currency and derivative loss, net
Total foreign currency and derivative loss, net
Gain (Loss) On Foreign Currency And Unrealized Derivatives, Net
Gain (loss) on foreign currency and derivative.
Industrial
Industrial Property [Member]
General allowance
Accounts Receivable, Allowance for Credit Loss
In-place leases
In-place leases
Leases, Acquired-in-Place [Member]
Amendment Flag
Amendment Flag
Less accumulated depreciation and amortization
Real Estate Investment Property, Accumulated Depreciation
Currency Swap, EUR 1
Currency Swap, EUR 1 [Member]
Currency Swap, EUR 1
4.900% Notes due 2033
Senior Unsecured Notes Payable 4.900 Due July 2033 [Member]
Senior Unsecured Notes Payable 4.900 Due July 2033
Provisions for impairment
Long-Lived Asset, Impairment and Disposal [Abstract]
Non-refundable escrow deposits
Payments for Deposits on Real Estate Acquisitions
Weighted average borrowing rate during the period (as a percent)
Short-Term Debt, Weighted Average Interest Rate, over Time
Schedule of Allowance for Credit Losses Related to Loans and Financing Receivable
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]
Number of derivative instruments entered into
Derivative, Number Of Instruments Entered Into
Derivative, Number Of Instruments Entered Into
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
2030
Finite Lived Intangible Assets Rental Income Increase (Decrease) Year Four
Represents the amount of increase (decrease) in rental income expected to be recognized during the fourth fiscal year following the latest fiscal year from assets, lacking physical substance with a finite life.
Other items
Finite-Lived Intangible Assets, Other
Finite-Lived Intangible Assets, Other
Entity Address, State or Province
Entity Address, State or Province
Schedule of Lease Intangible Liabilities, Net
Schedule Of Acquired Lease Intangible Liabilities [Table Text Block]
Tabular disclosure of the acquired lease intangible liabilities.
Foreign currency translation adjustment
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent
PEO Total Compensation Amount
PEO Total Compensation Amount
Assets:
Assets, Fair Value Disclosure [Abstract]
Notional Amount
Derivative, Notional Amount
Basic (in shares)
Weighted average shares used for the basic net income per share computation (in shares)
Weighted Average Number of Shares Outstanding, Basic
Mortgages payable, net
Secured Debt
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Number of extension options
Debt Instrument, Number Of Extension Options
Debt Instrument, Number Of Extension Options
Unfunded Loan Commitments
Unfunded Loan Commitment [Member]
Operating Leases
Lessor, Operating Lease, Description [Abstract]
Schedule of Extinguishment of Debt [Table]
Extinguishment of Debt [Table]
Gain (loss) on the change in fair value of undesignated derivatives
Gain (Loss) on Derivative Instruments Held for Trading Purposes, Net
Schedule of Supplemental Cash Flow Information
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
Investments in Loans and Financing Receivables
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Revolving credit facilities and commercial paper
Commercial Paper
Document Information [Line Items]
Document Information [Line Items]
Real estate and lease intangibles held for sale, net
Disposal Group, Including Discontinued Operation, Assets
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Class of Stock [Axis]
Class of Stock [Axis]
Net income available to common stockholders
Net income available to common stockholders
Net Income (Loss) Available to Common Stockholders, Basic
Receivable [Domain]
Receivable [Domain]
Accumulated amortization of lease intangible assets
Intangible Asset, Finite-Lived, Accumulated Amortization
Maximum borrowing capacity
Line of Credit Facility, Maximum Borrowing Capacity
Insurance proceeds received
Proceeds from Insurance Settlement, Investing Activities
Straight-line rents
Straight Line Rent
Total Carrying Value
Beginning balance
Ending balance
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss
Recent Accounting Standards Not Yet Adopted
New Accounting Pronouncements, Policy [Policy Text Block]
Net Income per Common Share
Earnings Per Share, Policy [Policy Text Block]
Line Of Credit Facility Tranches [Axis]
Line Of Credit Facility Tranches [Axis]
Line Of Credit Facility Tranches
Change in the carrying value of all noncontrolling interests
Increase (Decrease) in Minority Interest [Roll Forward]
Grantee Status [Axis]
Grantee Status [Axis]
Non-controlling interests
Noncontrolling Interest [Member]
Currency Swap, USD 2
Currency Swap, USD 2 [Member]
Currency Swap, USD 2
Amortization of deferred financing costs
Amortization of Debt Issuance Costs
Unsecured Debt
Unsecured Debt [Member]
Noncontrolling Interests
Noncontrolling Interest Disclosure [Text Block]
Outstanding debt balance
Net payable amount
Long-Term Debt
Change in assets and liabilities
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]
Net cash used in investing activities
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Equity Awards Adjustments, Excluding Value Reported in Compensation Table
Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]
Stockholders' Equity
Equity [Text Block]
Net investment hedges
Derivative, Amount of Hedged Item
Non-cash interest rate swaps
Noncash Interest On Derivatives
Noncash Interest On Derivatives
Security Exchange Name
Security Exchange Name
Total liabilities
Liabilities, Fair Value Disclosure
Value-added tax receivable
Value Added Tax Receivable
Right of use asset - financing leases, net
Finance Lease, Right-of-Use Asset, after Accumulated Amortization
Comprehensive income:
Statement of Comprehensive Income [Abstract]
Name
Outstanding Recovery, Individual Name
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
Extinguishment of Debt [Line Items]
Extinguishment of Debt [Line Items]
Variable Interest Entities
Consolidation, Variable Interest Entity, Policy [Policy Text Block]
Property taxes payable
Accrual for Taxes Other than Income Taxes
Schedule of Other Liabilities
Other Liabilities [Table Text Block]
Geographical [Domain]
Geographical [Domain]
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]
Pension Adjustments Prior Service Cost
Pension Adjustments Prior Service Cost [Member]
Investment in unconsolidated entities
Payments to Acquire Interest in Subsidiaries and Affiliates
Ownership interest (as a percent)
Subsidiary, Ownership Percentage, Parent
Total principal amount
Total
Long-Term Debt, Gross
5.050% Notes due 2026
Senior Unsecured Notes Payable 5.050 Due January 2026 [Member]
Senior Unsecured Notes Payable 5.050 Due January 2026
Compensation Amount
Outstanding Recovery Compensation Amount
Individual:
Individual [Axis]
Diluted (in shares)
Weighted average shares used for diluted net income per share computation (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue [Line Items]
Number of states
Real Estate Property Locations, Number Of States
Real Estate Property Locations, Number Of States
Entity Emerging Growth Company
Entity Emerging Growth Company
Credit Facilities and Commercial Paper Programs
Credit Facilities and Commercial Paper Programs [Member]
Credit Facilities and Commercial Paper Programs
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Fund drew
Proceeds from Lines of Credit
Commercial paper
Commercial Paper [Member]
Derivative Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Buildings and improvements
Real Estate Properties Acquired, Buildings and Improvements
Represents the buildings and improvements recorded as part of the real estate acquisition.
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Prepaid expenses
Prepaid Expense
Other rent
Other Rental Income
Other Rental Income
2.500% Notes due 2042
Senior Unsecured Notes Payable 2.500 Due January 2042 [Member]
Senior Unsecured Notes Payable 2.500 Due January 2042
Client receivables, net
Other Receivables
Revenue generated from acquired properties during the period
Asset Acquisition, Pro Forma Information, Revenue Of Acquired Properties Since Acquisition Date, Actual
Asset Acquisition, Pro Forma Information, Revenue Of Acquired Properties Since Acquisition Date, Actual
3.200% Notes due 2027
Senior Unsecured Notes Payable 3.200 Due January 2027 [Member]
Senior Unsecured Notes Payable 3.200 Due January 2027
Change in allowance for credit losses
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Period Increase (Decrease)
Improvements to real estate, including leasing costs
Capitalized costs on existing portfolio
Payments for Capital Improvements
Principal payment on term loan
Repayments of Unsecured Debt
Distributions in excess of net income
Accumulated Distributions in Excess of Net Income
Other items
Other Assets, Miscellaneous
Proceeds from term loan
Proceeds from issuance of unsecured debt
Proceeds from Issuance of Unsecured Debt
4.000% Notes due 2029
Senior Unsecured Notes Payable 4.000 Due July 2029 [Member]
Senior Unsecured Notes Payable 4.000 Due July 2029
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Capitalization Rate
Measurement Input, Cap Rate [Member]
Contingent consideration obligation
Contingent consideration obligation
Asset Acquisition, Contingent Consideration, Liability
Payment-in-kind interest
Paid-In-Kind Interest, Net
Paid-In-Kind Interest, Net
All Executive Categories
All Executive Categories [Member]
Pension Adjustments Service Cost
Pension Adjustments Service Cost [Member]
Mortgage Loans
Mortgage Loan [Member]
Mortgage Loan
Asset Acquisition [Domain]
Asset Acquisition [Domain]
Reconciliation of cash,cash equivalents, and restricted cash
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation [Abstract]
Tenant reimbursement income
Tenant Reimbursement Income
Tenant Reimbursement Income
Schedule of Reconciliation of the Denominator of the Basic and Diluted Net Income per Common Share Computation
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
4.750% Notes due 2029
Senior Unsecured Notes Payable 4.750 Due February 2029 [Member]
Senior Unsecured Notes Payable 4.750 Due February 2029
Segment and Geographic Information
Segment Reporting [Text Block]
Minimum
Minimum [Member]
Guarantees, fair value
Guarantees, Fair Value Disclosure
Effect of exchange rate changes on cash and cash equivalents
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Income Statement Location [Axis]
Location, Statement of Income, Balance [Axis]
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
Goodwill
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]
Schedule of Real Estate Properties [Table]
Real Estate Property, Ownership [Table]
Accrued interest
Financing Receivable, Accrued Interest, after Allowance for Credit Loss
Lease Revenue Recognition and Accounts Receivable
Revenue Recognition, Leases [Policy Text Block]
Principal payment on notes payable
Repayments of Notes Payable
Foreign currency remeasurement
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Foreign Currency Translation Gain (Loss)
Other liabilities
Total other liabilities
Other Liabilities
Financing Receivable, Allowance for Credit Loss [Table]
Financing Receivable, Allowance for Credit Loss [Table]
Common stock and paid in capital, authorized (in shares)
Common stock, shares authorized
Common Stock, Shares Authorized
Real estate held for investment, net
Net real estate
Real Estate Investment Property, Net
Foreign currency remeasurement
Financing Receivable, Excluding Accrued Interest, Foreign Currency Translation Gain (Loss)
Financing Receivable, Excluding Accrued Interest, Foreign Currency Translation Gain (Loss)
Number of shares sold
Sale of Stock, Number of Shares Issued in Transaction
Exercise Price
Award Exercise Price
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments [Line Items]
Segment Reporting [Line Items]
Segment Reporting [Line Items]
Document Quarterly Report
Document Quarterly Report
2.100% Notes due 2028
Senior Unsecured Notes Payable 2.100 Due March 2028 [Member]
Senior Unsecured Notes Payable 2.100 Due March 2028
Fund Credit Facilities
Fund Credit Facility [Member]
Fund Credit Facility
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]
Europe
Europe real estate
Europe [Member]
Common stock and paid in capital
Common Stock Including Additional Paid in Capital [Member]
Accounts receivable, net
Total accounts receivable, net
Accounts Receivable, after Allowance for Credit Loss
Interest payable
Interest Payable
Principal amount
Repayments of Long-Term Debt
Unamortized net discounts and deferred financing costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
Equity Component [Domain]
Equity Component [Domain]
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Currency exchange swaps
Foreign Exchange Contract [Member]
Loans receivable
Loans Receivable, Fair Value Disclosure
Adoption Date
Trading Arrangement Adoption Date
Currency Swap, EUR 2
Currency Swap, EUR 2 [Member]
Currency Swap, EUR 2
4.91% Unsecured Term Loan Due January 2036
4.91% Unsecured Term Loan Due January 2036 [Member]
4.91% Unsecured Term Loan Due January 2036
3.200% Notes due 2031
Senior Unsecured Notes Payable 3.200 Due February 2031 [Member]
Senior Unsecured Notes Payable 3.200 Due February 2031
Title
Trading Arrangement, Individual Title
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Restricted Stock Awards and Restricted Stock Units
Restricted Stock Awards And Restricted Stock Units [Member]
Restricted Stock Awards And Restricted Stock Units
Lease liability - operating leases
Operating Lease, Liability
Lease liability - financing leases
Finance Lease, Liability
Other financing activities, net
Proceeds from (Payment for) Other Financing Activity
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
Loans Receivable
Loans Receivable [Member]
Single-client properties
Single-Client Property [Member]
Single-Client Property
Provision for doubtful accounts
Lessor, Lease, Provision For Doubtful Accounts
Lessor, Lease, Provision For Doubtful Accounts
Reduction in APIC related to noncontrolling interest issuance costs
Adjustments To Additional Paid In Capital, Noncontrolling Interest, Transaction Costs
Adjustments To Additional Paid In Capital, Noncontrolling Interest, Transaction Costs
Contributions by noncontrolling interests, net of costs
Contributions
Noncontrolling Interest, Increase from Subsidiary Equity Issuance
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Secured debt to total adjusted assets ratio (as a percent)
Debt Instrument Covenant, Secured Debt to Total Adjusted Assets Ratio
Represents the secured debt to total adjusted assets ratio required to be maintained under financial covenants.
Accounts receivable and other assets
Increase (Decrease) in Accounts Receivable and Other Operating Assets
Thereafter
Finite-Lived Intangible Asset, Expected Amortization, after Year Four
Finite-Lived Intangible Asset, Expected Amortization, after Year Four
Deferred finance costs balance
Debt Issuance Costs, Noncurrent, Net
Principal fundings
Financing Receivable, Excluding Accrued Interest, Purchase
Multicurrency Credit Facility Maturing April 2027
Multicurrency Credit Facility Maturing April 2027 [Member]
Multicurrency Credit Facility Maturing April 2027
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Income Taxes
Income Tax, Policy [Policy Text Block]
Net cash provided by operating activities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Income Statement [Abstract]
Income Statement [Abstract]
Document Transition Report
Document Transition Report
Net sales proceeds
Proceeds From Sale Of Property Held For Sale, Including Property Swap, Net
Proceeds From Sale Of Property Held For Sale, Including Property Swap, Net
3.950% Notes due 2027
Senior Unsecured Notes Payable 3.950 Due August 2027 [Member]
Senior Unsecured Notes Payable 3.950 Due August 2027
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]
EXPENSES
Operating Expenses [Abstract]
Proceeds from note receivable
Proceeds from Collection of Notes Receivable
Investment
Real Estate Property Investments, Value Of Properties Acquired
Represents the net assets recorded as part of the real estate acquisition.
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Buildings and improvements
Investment Building and Building Improvements
Lease intangible assets
Real Estate Properties Acquired, Intangible Assets
Represents the intangible assets recorded as part of the real estate acquisition.
Other Commitments [Domain]
Other Commitments [Domain]
City Area Code
City Area Code
3.625% Notes due 2032
Senior Unsecured Notes Payable 3.625 Due 2032 [Member]
Senior Unsecured Notes Payable 3.375 Due 2032
Document Information [Table]
Document Information [Table]
Weighted average shares issuable upon conversion of the convertible notes that were anti-dilutive
Convertible Debt Securities [Member]
Subsequent Events
Subsequent Events [Text Block]
Other Property
Other Property [Member]
Accumulated amortization of below-market leases
Below Market Lease, Accumulated Amortization
Name
Forgone Recovery, Individual Name
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Entity [Domain]
Entity [Domain]
EUR currency exchange swap
Foreign Exchange Contract, EUR-GBP [Member]
Foreign Exchange Contract, EUR-GBP
Proceeds from convertible debt
Proceeds from Convertible Debt
Secured Loans
Secured Loans [Member]
Secured Loans
Net deferred tax liabilities
Deferred Tax Liabilities, Net
Share issuances, net of costs (in shares)
Shares of common stock issued (in shares)
Shares of common stock issued under the DRSPP program (in shares)
Stock Issued During Period, Shares, New Issues
Total unrealized foreign currency and derivative gain, net
Gain (Loss) On Foreign Currency And Derivative, Net, Unrealized
Gain (Loss) On Foreign Currency And Derivative, Net, Unrealized
Share-based compensation costs recognized
Share-Based Payment Arrangement, Expense
Measurement Basis [Axis]
Measurement Basis [Axis]
Realized foreign currency and derivative loss, net:
Foreign Currency And Derivative Gains (Losses), Net, Realized [Abstract]
Foreign Currency And Derivative Gains (Losses), Net, Realized
3.180% Notes due 2032
Senior Unsecured Notes Payable 3.180 Due June 2032 [Member]
Senior Unsecured Notes Payable 3.180 Due June 2032
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Other items
Other Accounts Payable and Accrued Liabilities
Accounts payable and accrued expenses consist of the following at:
Payables and Accruals [Abstract]
Carrying value after impairment
Investment Building and Building Improvements, after Impairment
Investment Building and Building Improvements, after Impairment
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Non-refundable escrow deposits
Deposit Assets
Debt issuance costs
Payments of Debt Issuance Costs
Number of tranches
Line Of Credit Facility, Number Of Tranches
Line Of Credit Facility, Number Of Tranches
Other
Other Geographic Region [Member]
Other Geographic Region
Entity Current Reporting Status
Entity Current Reporting Status
Net cash provided by financing activities
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Weighted average partnership common units convertible to common shares that were anti-dilutive
Convertible Partnership Units [Member]
Convertible partnership units.
Total Shareholder Return Amount
Total Shareholder Return Amount
3.500% Convertible Notes due 2029
3.500% Convertible Senior Notes Due January 2029
3.500% Convertible Senior Notes Due January 2029 [Member]
3.500% Convertible Senior Notes Due January 2029
Cash flow hedge
Cash Flow Hedging [Member]
Liabilities:
Liabilities, Fair Value Disclosure [Abstract]
2.700% Notes due 2032
Senior Unsecured Notes Payable 2.700 Due February 2032 [Member]
Senior Unsecured Notes Payable 2.700 Due February 2032
Dividend Reinvestment and Stock Purchase Plan
Dividend Reinvestment and Stock Purchase Plan
No definition available.
Credit facility
Line of Credit Facility [Line Items]
Adjustments to net income:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]
2029
Long-Term Debt, Maturity, Year Three
Weighted Average Interest Rate
Financing Receivable, Weighted Average Interest Rate
Financing Receivable, Weighted Average Interest Rate
Cross-currency swap unrealized gains expected to be reclassified within next twelve months
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months
CASH FLOWS FROM FINANCING ACTIVITIES
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Joint venture fund
Payments to Acquire Interest in Joint Venture
Apollo JV
MDC Mercury 2604 Venture, LLC (the "Apollo JV") [Member]
MDC Mercury 2604 Venture, LLC (the "Apollo JV")
Rent received in advance and other deferred revenue
Deferred Credits and Other Liabilities
Proceeds from sales of real estate
Proceeds from Sale, Property, Held-for-Sale
Derivative assets and receivables - at fair value
Derivative assets
Derivative Asset
Other
Other
Other Income
Intangible Asset, Finite-Lived, Class [Axis]
Intangible Asset, Finite-Lived, Class [Axis]
Underlying Securities
Award Underlying Securities Amount
Hierarchy Level
Fair value
Estimate of Fair Value Measurement [Member]
Share issuances, net of costs
Stock Issued During Period, Value, New Issues
Principal Balance
Financing Receivable, Excluding Accrued Interest, Unpaid Principal Balance
Financing Receivable, Excluding Accrued Interest, Unpaid Principal Balance
Segment Reporting [Table]
Segment Reporting [Table]
Distributions in excess of net income
Accumulated Distributions in Excess of Net Income [Member]
Number of tranches
Debt Instrument, Number Of Tranches
Debt Instrument, Number Of Tranches
Number of Instruments
Derivative, Number of Instruments Held
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
All Trading Arrangements
All Trading Arrangements [Member]
Schedule of Financial Instrument Assets and Liabilities
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
Other Performance Measure, Amount
Other Performance Measure, Amount
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Notes and Bonds Payable
Notes And Bonds Payable [Member]
Notes And Bonds Payable
Current Fiscal Year End Date
Current Fiscal Year End Date
5.000% Notes due 2029
Senior Unsecured Notes Payable 5.000 Due October 2029 [Member]
Senior Unsecured Notes Payable 5.000 Due October 2029
Unsecured and Mezzanine Loans
Unsecured And Mezzanine [Member]
Unsecured And Mezzanine
Unfunded loan commitments
Financing Receivable, Commitment To Lend
Financing Receivable, Commitment To Lend
Investment shares
Investment Owned, Balance, Shares
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
Provision for credit losses
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)
Derivative [Line Items]
Derivative [Line Items]
Bellagio Las Vegas Joint Venture - Preferred Equity Interest
Bellagio Las Vegas Joint Venture - Preferred Equity Interest [Member]
Bellagio Las Vegas Joint Venture - Preferred Equity Interest
Long-lived assets
Long-Lived Asset, Excluding Financial Instrument, Customer Relationship, Mortgage Servicing Right, Deferred Policy Acquisition Cost, and Deferred Tax Asset, Amount
Term of extension option
Line Of Credit Facility, Extension, Period
Represents the period of time for which extensions are available under a line of credit agreement.
Share repurchases (in shares)
Number of shares repurchased
Stock Repurchased During Period, Shares
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]
Common stock dividend declared (in dollars per share)
Common Stock, Dividends, Per Share, Declared
Entity File Number
Entity File Number
Share-based compensation, net
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture
Distributions
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Measure:
Measure [Axis]
Investments in Unconsolidated Entities
Equity Method Investments and Joint Ventures Disclosure [Text Block]
Schedule of Selected Financial Data of Consolidated VIEs
Schedule of Variable Interest Entities [Table Text Block]
Amortization of net discounts on payables
Amortization of Debt Discount (Premium)
Single-client properties as percentage of total properties (as a percent)
Single Client Properties Percentage
Single Client Properties Percentage
5.125% Notes due 2034
Senior Unsecured Notes Payable 5.125 Due July 2034 [Member]
Senior Unsecured Notes Payable 5.125 Due July 2034
Allocated to other assets, financing receivables with above-market terms
Real Estate Properties Acquired, Other Assets, Loan Receivables
Real Estate Properties Acquired, Other Assets, Loan Receivables
Equity Components [Axis]
Equity Components [Axis]
Cash paid for income taxes
Income Tax Paid, after Refund Received
Schedule of Acquisitions
Asset Acquisition [Table Text Block]
Number of properties
Property Sales Count
Number of real estate properties sold during the period.
Number of Properties
Equity Method Investment, Number Of Related Properties
Equity Method Investment, Number Of Related Properties
Common Stock, $0.01 Par Value
Common Class A
Common Class A [Member]
Entity Interactive Data Current
Entity Interactive Data Current
Variable Rate [Axis]
Variable Rate [Axis]
Investment in preferred equity
Investment In Preferred Equity
Investment In Preferred Equity
Net income attributable to noncontrolling interests
Allocation of net income
Net Income (Loss) Attributable to Noncontrolling Interest
Payments on revolving credit facilities and commercial paper programs
Repayments Of Long Term Lines Of Credit And Commercial Paper
The cash outflow for the settlement of obligation drawn from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time; and repaying amounts borrowed by issuing commercial paper.
Revolving credit facilities origination costs, net
Debt Issuance Costs, Line of Credit Arrangements, Net
Entity Small Business
Entity Small Business
Comprehensive income available to common stockholders
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Mezzanine Loan
Mezzanine Loan [Member]
Mezzanine Loan
Classified as held for sale
Impaired Properties, Held For Sale, Number
The number of impaired properties held for sale.
Number of noncontrolling interests consolidated
Number Of Noncontrolling Interests Consolidated
Number Of Noncontrolling Interests Consolidated
Total
Financing Receivable, Sale-Leaseback Transaction And Net Investment In Lease
Financing Receivable, Sale-Leaseback Transaction And Net Investment In Lease
Weighted average amortization period for acquired lease intangible assets (in years)
Intangible Asset, Finite-Lived, Acquired, Weighted-Average Amortization Period
Land
Real Estate Properties Acquired, Land
Represents the land recorded as part of the real estate acquisition.
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Euro-Denominated Unsecured Commercial Paper Program
Euro Denominated Unsecured Commercial Paper Program [Member]
Euro Denominated Unsecured Commercial Paper Program
Document Type
Document Type
Payment-in-kind interest expense on Term Loans
Paid-in-Kind Interest
Summary of Significant Accounting Policies
Significant Accounting Policies [Text Block]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Local Phone Number
Local Phone Number
Net investment hedge
Net Investment Hedging [Member]
Currency Swap, GBP
Currency Swap, GBP [Member]
Currency Swap, GBP
Commitments and contingencies (Note 18)
Commitments and Contingencies
Antidilutive Securities, Name [Domain]
Antidilutive Securities, Name [Domain]
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
2030
Intangible Asset, Finite-Lived, Estimated Amortization Expense, Year Four
Foreign currency forward, GBP
Foreign Currency Forward, GBP-USD [Member]
Foreign Currency Forward, GBP-USD
Executive Category:
Executive Category [Axis]
Percentage rent
Percentage Rental Income
Percentage Rental Income
Receivable Type [Axis]
Receivable Type [Axis]
Properties under development
Properties Under Development Or Expansion [Member]
Represents information pertaining to properties under development or expansion.
Revolving credit facilities and commercial paper
Revolving Credit Facility And Commercial Paper
Revolving Credit Facility And Commercial Paper
LIABILITIES AND EQUITY
Liabilities and Equity [Abstract]
Other Commitments [Table]
Other Commitments [Table]
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Schedule of Variable Interest Entities [Table]
Variable Interest Entity [Table]
Gain (loss) on the settlement of designated derivatives reclassified from AOCI
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information [Abstract]
Realty Income, L.P.
Realty Income, L.P. units
Realty Income L P [Member]
Represents information pertaining to Realty Income, L.P., acquired by the entity.
Amortization of above and below market leases
Above and below-market lease amortization
Amortization of above and below Market Leases
Accounts payable and accrued expenses
Accounts payable and accrued expenses
Accounts Payable and Accrued Liabilities
PEO Name
PEO Name
Debt to total adjusted assets ratio (as a percent)
Debt Instrument Covenant, Debt to Total Adjusted Assets Ratio
Represents the debt to total adjusted assets ratio required to be maintained under financial covenants.
Schedule of Note Repayments
Schedule of Extinguishment of Debt [Table Text Block]
Long-Lived Asset, Class [Axis]
Long-Lived Asset, Class [Axis]
Principal payments on mortgages payable
Repayments of Secured Debt
Preferred cumulative return (as a percent)
Equity Method Investment, Preferred Cumulative Return, Percentage
Equity Method Investment, Preferred Cumulative Return, Percentage
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Entity Tax Identification Number
Entity Tax Identification Number
Derivative Instruments and Hedging Activities Disclosures [Table]
Derivative Instruments and Hedging Activities Disclosures [Table]
Interest and dividend income on loans and preferred equity investments
Interest and dividend income on loans and preferred equity investments
Interest and Dividend Income, Securities, Operating
Notes payable, net
Notes Payable
Commitments and Contingencies [Line Items]
Other Commitments [Line Items]
3.160% Notes due 2030
Senior Unsecured Notes Payable 3.160 Due June 2030 [Member]
Senior Unsecured Notes Payable 3.160 Due June 2030
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]
Debt Instrument [Axis]
Debt Instrument [Axis]
Subsequent Event [Table]
Subsequent Event [Table]
Amortization of share-based compensation
Share-Based Payment Arrangement, Noncash Expense
Land
Land
Total unencumbered assets as a percentage of outstanding unsecured debt (as a percent)
Debt Instrument Covenant Aggregate Unencumbered Assets as Percentage of Outstanding Unsecured Debt
Represents the aggregate unencumbered assets as a percentage of outstanding unsecured debt required to be maintained under financial covenants.
Net income, basic (in dollars per share)
Earnings Per Share, Basic
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Unrealized foreign currency and derivative gain, net:
Foreign Currency And Derivative Gains (Losses), Net, Unrealized [Abstract]
Foreign Currency And Derivative Gains (Losses), Net, Unrealized
Insider Trading Arrangements [Line Items]
GBP currency exchange swap
Foreign Exchange Contract, GBP-USD [Member]
Foreign Exchange Contract, GBP-USD
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]
Real Estate, Type of Property [Axis]
Real Estate, Type of Property [Axis]
Gross proceeds
Proceeds From The At The Market Stock Purchase Program
Proceeds From The At The Market Stock Purchase Program
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Cover [Abstract]
Cover [Abstract]
Reclassification
Reclassification, Comparability Adjustment [Policy Text Block]
Schedule of Items Measured at Fair Value on a Non-Recurring Basis
Long-Lived Asset, Held and Used, Impairment [Table Text Block]
Classified as held for investment
Impaired Properties Held for Investment Number
The number of impaired properties held-for-investment.
4.650% Notes due 2047
Senior Unsecured Notes Payable 4.650 Due March 2047 [Member]
Senior Unsecured Notes Payable 4.650 Due March 2047
U.K.
UNITED KINGDOM
Dividend reinvestment and stock purchase plan, authorized shares (in shares)
Dividend Reinvestment And Stock Purchase Plan, Authorized Shares
Dividend Reinvestment And Stock Purchase Plan, Authorized Shares
Equity Awards Adjustments
Equity Awards Adjustments [Member]
Hedging Relationship [Domain]
Hedging Relationship [Domain]
Interest income, other
Interest Income, Other
Fair value of financial assets and liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
2028
Finite Lived Intangible Assets Rental Income Increase (Decrease) Year Two
Represents the amount of increase (decrease) in rental income expected to be recognized during the second fiscal year following the latest fiscal year from assets, lacking physical substance with a finite life.
Schedule of Accounts Receivable, Net
Schedule of Loans Receivable and Financing Receivables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Lease intangible assets, net, consist of the following at:
Intangible Asset, Finite-Lived, after Accumulated Amortization [Abstract]
Other income, net
Other Nonoperating Income (Expense)
Total stockholders’ equity
Parent [Member]
Schedule of Account Payable and Accrued Expenses
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
Stockholders’ equity:
Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Number of partnership units outstanding (in shares)
Other Ownership Interests, Units Outstanding
General and administrative
Cash G&A expenses
General and Administrative Expense
Fair Value Measurements
Derivatives and Fair Value [Text Block]
Accrued property expenses
Accrued Property Expenses
Accrued Property Expenses
Number of properties owned
Number of Real Estate Properties
Hedging Designation [Domain]
Hedging Designation [Domain]
Class of Stock [Domain]
Class of Stock [Domain]
3.400% Notes due 2028
Senior Unsecured Notes Payable 3.400 Due January 2028 [Member]
Senior Unsecured Notes Payable 3.400 Due January 2028
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Other commitment
Other Commitment
Foreign currency forwards
Foreign Exchange Forward [Member]
Below-market leases
Below Market Lease, Gross
Purchase of noncontrolling interests
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests
Total
Real Estate Properties Acquired, Assets Acquired And Liabilities Assumed, Net
Real Estate Properties Acquired, Assets Acquired And Liabilities Assumed, Net
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
New properties
Properties New [Member]
Represents information pertaining to new properties.
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
Entity Filer Category
Entity Filer Category
Construction contracts
Construction Contracts [Member]
3.375% Notes due 2031
Senior Unsecured Notes Payable 3.375 Due June 2031 [Member]
Senior Unsecured Notes Payable 3.375 Due June 2031
Number of extensions
Line Of Credit Facility Number Of Extensions
The number of extensions available at the option of the Company.
Property type acquired based on rental revenue (as a percent)
Acquired Properties Percentage by Type of Real Estate
Represents the percentage of the real estate properties acquired during the period by the type of real estate.
Cross-currency swaps
Currency Swap
Currency Swap [Member]
Distributions on common equity from unconsolidated entities
Proceeds from Equity Method Investment, Distribution
Not designated as hedging instrument
Not Designated as Hedging Instrument [Member]
Sale-leaseback transactions accounted for as financing receivables
Financing Receivable, Sale-Leaseback Transaction
Financing Receivable, Sale-Leaseback Transaction
Equity Method Investments and Joint Ventures [Abstract]
Tranche One
Tranche One [Member]
Tranche One
Investments in Real Estate
Properties Acquired Real Estate Investments [Text Block]
The entire disclosure for properties acquired and new real estate investments.
Lease intangible liabilities, net
Total lease intangible liabilities, net
Below Market Lease, Net
Data Center Joint Venture
Data Center Joint Venture [Member]
Data Center Joint Venture
Schedule of Stock by Class [Table]
Stock, Class of Stock [Table]
Net income
Net income
Net income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Derivative liabilities and payables - at fair value
Derivative liabilities
Derivative Liability
Senior Notes
Senior Notes [Member]
Entity Address, Address Line One
Entity Address, Address Line One
1.875% Notes due 2027
Senior Unsecured Notes Payable 1.875 Due January 2027 [Member]
Senior Unsecured Notes Payable 1.875 Due January 2027
Income taxes
Income Tax Expense (Benefit)
Fair value hedge
Fair Value Hedging [Member]
Principles of Consolidation
Consolidation, Policy [Policy Text Block]
Write-offs
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff
Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
Statement [Table]
Statement [Table]
Derivative term
Derivative, Contract Term
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
4.850% Notes due 2030
Senior Unsecured Notes Payable 4.850 Due March 2030 [Member]
Senior Unsecured Notes Payable 4.850 Due March 2030
2.200% Notes due 2028
Senior Unsecured Notes Payable 2.200 Due June 2028 [Member]
Senior Unsecured Notes Payable 2.200 Due June 2028
Unvested shares from share-based compensation that were anti-dilutive
Share-Based Payment Arrangement [Member]
Foreign currency and unrealized derivative gain, net
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax
Thereafter
Finite Lived Intangible Assets Rental Income Increase (Decrease) After Year Four
Finite Lived Intangible Assets Rental Income Increase (Decrease) After Year Four
Above and below market leases
Leases, Above And Below Market [Member]
Leases, Above And Below Market
Derivative Instruments and Hedging Activities Disclosure [Abstract]