v3.26.1
Derivatives - Schedule of Outstanding Derivatives (Details)
€ in Thousands, £ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
derivative
Dec. 31, 2025
USD ($)
derivative
Jun. 30, 2026
EUR (€)
derivative
Jun. 30, 2026
GBP (£)
derivative
Dec. 31, 2025
EUR (€)
derivative
Dec. 31, 2025
GBP (£)
derivative
Derivatives, Fair Value [Line Items]            
Notional Amount | $ $ 40,646,923 $ 46,196,009        
Interest rate caps – property debt            
Derivatives, Fair Value [Line Items]            
Notional Amount | $ 19,800,000          
Interest rate caps            
Derivatives, Fair Value [Line Items]            
Notional Amount | $ $ 10,300,000 $ 7,900,000        
Designated as Hedging Instrument | Interest rate swaps – property debt            
Derivatives, Fair Value [Line Items]            
Number of Instruments | derivative 14 23 14 14 23 23
Notional Amount | $ $ 5,826,428 $ 6,658,597        
Weighted Average Strike 2.60% 2.60% 2.60% 2.60% 2.60% 2.60%
Weighted Average Maturity (Years) 2 years 7 months 6 days 2 years 10 months 24 days        
Non-designated Hedges | Interest rate swaps – property debt            
Derivatives, Fair Value [Line Items]            
Number of Instruments | derivative 41 57 41 41 57 57
Notional Amount | $ $ 20,349,049 $ 26,163,606        
Weighted Average Strike 1.60% 1.70% 1.60% 1.60% 1.70% 1.70%
Weighted Average Maturity (Years) 1 year 10 months 24 days 2 years 2 months 12 days        
Non-designated Hedges | Interest rate caps – property debt            
Derivatives, Fair Value [Line Items]            
Number of Instruments | derivative 144 138 144 144 138 138
Notional Amount | $ $ 19,817,359 $ 19,774,088        
Weighted Average Strike 5.50% 5.80% 5.50% 5.50% 5.80% 5.80%
Weighted Average Maturity (Years) 9 months 18 days 7 months 6 days        
Non-designated Hedges | Interest rate swaps – secured financings of investments in real estate debt            
Derivatives, Fair Value [Line Items]            
Number of Instruments | derivative 42 8 42 42 8 8
Notional Amount | $ $ 480,515 $ 258,315        
Weighted Average Strike 4.00% 4.20% 4.00% 4.00% 4.20% 4.20%
Weighted Average Maturity (Years) 3 years 9 months 18 days 4 years 4 months 24 days        
Non-designated Hedges | Buy USD / Sell EUR Forward            
Derivatives, Fair Value [Line Items]            
Notional Amount | €     € 29,224   € 47,163  
Number of Instruments | derivative 3 6 3 3 6 6
Non-designated Hedges | Buy USD / Sell GBP Forward            
Derivatives, Fair Value [Line Items]            
Notional Amount | £       £ 1,311   £ 1,180
Number of Instruments | derivative 2 1 2 2 1 1
Non-designated Hedges | Buy EUR / Sell USD Forward            
Derivatives, Fair Value [Line Items]            
Notional Amount | €     € 0   € 66  
Number of Instruments | derivative 0 1 0 0 1 1