v3.26.1
Secured Notes Payable, Net - Schedule of Secured Notes Payable (Details)
6 Months Ended
Jun. 30, 2026
USD ($)
property
May 31, 2026
Dec. 31, 2025
USD ($)
Aug. 31, 2025
USD ($)
loan
Debt Instrument [Line Items]        
Principal balance $ 5,767,982,000   $ 5,593,367,000  
Unamortized loan premium/discount, net 1,251,000   1,085,000  
Unamortized deferred loan costs, net (46,668,000)   (45,582,000)  
Total Consolidated Debt, net $ 5,722,565,000   5,548,870,000  
Minimum number of separate collateral pools used to secure loans | property 1      
Weighted average annual interest rate 4.94%      
Loan premium accumulated amortization $ 900,000   1,100,000  
Accumulated amortization on deferred loan costs $ 60,500,000   55,800,000  
Secured Debt        
Debt Instrument [Line Items]        
Loan agreement SOFR floor 0      
Secured Debt | Term Loan - Fixed - June 1, 2038 Maturity        
Debt Instrument [Line Items]        
Principal amortization period 30 years      
Secured Debt | Term Loan - December 11, 2028 Maturity        
Debt Instrument [Line Items]        
Principal amortization period 25 years      
Periodic payment term 12 months      
Subsidiaries        
Debt Instrument [Line Items]        
Principal balance $ 3,856,232,000   3,811,617,000  
Subsidiaries | Fannie Mae Loan - August 1, 2033 Maturity        
Debt Instrument [Line Items]        
Principal balance       $ 380,000,000
Interest rate 7.84%      
Subsidiaries | Term Loan - January 9, 2030 Maturity | Minimum        
Debt Instrument [Line Items]        
Fixed interest rate 6.00%      
Subsidiaries | Term Loan - January 9, 2030 Maturity | Maximum        
Debt Instrument [Line Items]        
Interest rate 6.25%      
Subsidiaries | Secured Debt | Revolving Credit Facility        
Debt Instrument [Line Items]        
Interest rate 5.50%      
Revolving credit facility $ 12,500,000      
Outstanding balance on revolving credit facility $ 0      
Subsidiaries | Secured Debt | Term Loan - September 19, 2026 Maturity        
Debt Instrument [Line Items]        
Maturity date Sep. 19, 2026      
Principal balance $ 366,000,000   366,000,000  
Variable interest rate 1.25%      
Subsidiaries | Secured Debt | Term Loan - May 18, 2028 Maturity        
Debt Instrument [Line Items]        
Maturity date May 18, 2028      
Principal balance $ 300,000,000   300,000,000  
Variable interest rate 1.51%      
Subsidiaries | Secured Debt | Term Loan - January 1, 2029 Maturity        
Debt Instrument [Line Items]        
Maturity date Jan. 01, 2029      
Principal balance $ 300,000,000   300,000,000  
Variable interest rate 1.56%      
Fixed interest rate 2.66%      
Swap Maturity Date Jan. 01, 2027      
Subsidiaries | Secured Debt | Fannie Mae Loan - April 1, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date Apr. 01, 2030      
Principal balance $ 127,200,000   127,200,000  
Fixed interest rate 4.99%      
Subsidiaries | Secured Debt | Term Loan - May 14, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date May 14, 2030      
Principal balance $ 400,000,000   400,000,000  
Variable interest rate 2.25%      
Fixed interest rate 6.15%      
Swap Maturity Date Jun. 01, 2029      
Subsidiaries | Secured Debt | Term Loan - June 30, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date Jun. 30, 2030      
Principal balance $ 415,000,000   415,000,000  
Variable interest rate 2.25%      
Fixed interest rate 6.18%      
Swap Maturity Date Jul. 01, 2029      
Subsidiaries | Secured Debt | Fannie Mae Loan - September 1, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date Sep. 01, 2030      
Principal balance $ 941,477,000   941,477,000  
Fixed interest rate 4.80%      
Number of loans | loan       8
Subsidiaries | Secured Debt | Construction Loan - December 10, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date Dec. 10, 2030      
Principal balance $ 96,248,000   49,506,000  
Variable interest rate 2.45%      
Fixed interest rate 5.80%      
Swap Maturity Date Jan. 01, 2030      
Debt instrument, face amount $ 375,000,000      
Balance of fixed interest rate, percentage 84.00%      
Subsidiaries | Secured Debt | Term Loan - March 3, 2032 Maturity        
Debt Instrument [Line Items]        
Maturity date Mar. 03, 2032      
Principal balance $ 335,000,000   336,639,000  
Fixed interest rate 4.57%      
Weighted average annual interest rate 5.10%      
Debt instrument, interest rate, effective percentage 4.57%      
Subsidiaries | Secured Debt | Term Loan - July 29, 2032 Maturity        
Debt Instrument [Line Items]        
Maturity date Jul. 29, 2032      
Principal balance $ 200,000,000   200,000,000  
Variable interest rate 2.00%      
Fixed interest rate 5.60%      
Swap Maturity Date Aug. 01, 2030      
Subsidiaries | Secured Debt | Fannie Mae Loan - August 1, 2033 Maturity        
Debt Instrument [Line Items]        
Maturity date Aug. 01, 2033      
Principal balance $ 350,000,000   350,000,000  
Variable interest rate 1.37%      
Fixed interest rate 3.65%      
Swap Maturity Date Jun. 01, 2027      
Subsidiaries | Secured Debt | Term Loan - Fixed - June 1, 2038 Maturity        
Debt Instrument [Line Items]        
Maturity date Jun. 01, 2038      
Principal balance $ 25,307,000   25,795,000  
Fixed interest rate 4.55%      
Subsidiaries | Secured Debt | Term Loan 1 - March 3, 2032 Maturity        
Debt Instrument [Line Items]        
Debt instrument, face amount $ 200,000,000      
Interest rate 4.50%      
Accrued interest rate 2.825%      
Subsidiaries | Secured Debt | Term Loan 2 - March 3, 2032 Maturity        
Debt Instrument [Line Items]        
Debt instrument, face amount $ 135,000,000      
Interest rate 6.00%      
Subsidiaries | Secured Debt | Floating rate debt        
Debt Instrument [Line Items]        
Principal balance $ 30,000,000.0      
Consolidated JV | Secured Debt | Term Loan - May 15, 2027 Maturity        
Debt Instrument [Line Items]        
Maturity date May 15, 2027      
Principal balance $ 380,000,000   380,000,000  
Variable interest rate 1.45%      
Interest rate   7.45%    
Consolidated JV | Secured Debt | Term Loan - August 19, 2028 Maturity        
Debt Instrument [Line Items]        
Maturity date Aug. 19, 2028      
Principal balance $ 565,000,000   565,000,000  
Variable interest rate 1.45%      
Fixed interest rate 4.79%      
Swap Maturity Date Dec. 05, 2027      
Consolidated JV | Secured Debt | Term Loan September 14, 2028 Maturity        
Debt Instrument [Line Items]        
Maturity date Sep. 14, 2028      
Principal balance $ 115,000,000   115,000,000  
Variable interest rate 1.46%      
Fixed interest rate 2.19%      
Swap Maturity Date Oct. 01, 2026      
Consolidated JV | Secured Debt | Term Loan - December 11, 2028 Maturity        
Debt Instrument [Line Items]        
Maturity date Dec. 11, 2028      
Principal balance $ 325,000,000   325,000,000  
Variable interest rate 2.50%      
Fixed interest rate 6.36%      
Swap Maturity Date Jan. 05, 2028      
Consolidated JV | Secured Debt | Term Loan - April 26, 2029 Maturity        
Debt Instrument [Line Items]        
Maturity date Apr. 26, 2029      
Principal balance $ 175,000,000   175,000,000  
Variable interest rate 1.25%      
Consolidated JV | Secured Debt | Fannie Mae Loan - June 1, 2029 Maturity        
Debt Instrument [Line Items]        
Maturity date Jun. 01, 2029      
Principal balance $ 160,000,000   160,000,000  
Variable interest rate 1.09%      
Fixed interest rate 3.25%      
Swap Maturity Date Jul. 01, 2027      
Consolidated JV | Secured Debt | Term Loan - January 9, 2030 Maturity        
Debt Instrument [Line Items]        
Maturity date Jan. 09, 2030      
Principal balance $ 61,750,000   61,750,000  
Fixed interest rate 6.00%      
Consolidated JV | Secured Debt | Term Loan - April 13, 2031 Maturity        
Debt Instrument [Line Items]        
Maturity date Apr. 13, 2031      
Principal balance $ 130,000,000   $ 0  
Variable interest rate 1.70%      
Fixed interest rate 5.26%      
Swap Maturity Date May 01, 2030