v3.26.3
Variable Interest Entities (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Assets:                    
Net real estate investments $ 66,215,203   $ 66,215,203       $ 57,910,509 [1]      
Cash and cash equivalents 2,274,910   2,274,910       5,033,678 [1]      
Receivables and other assets 3,030,212   3,030,212       2,373,409 [1]      
Investments in unconsolidated entities 2,049,911   2,049,911       1,809,590 [1]      
Total assets 73,711,333   73,711,333       67,303,047 [1]      
Liabilities and equity:                    
Senior unsecured notes   14,686,972   14,686,972       16,383,522 [1]      
Lease liabilities 1,968,069   1,968,069       2,182,993 [1]      
Accrued expenses and other liabilities 2,684,098   2,684,098       2,719,813 [1]      
Total equity 49,626,933 $ 39,028,018 49,626,933 $ 39,028,018 $ 47,439,034 $ 44,732,859 42,939,716 [1] $ 36,263,114 $ 34,304,516 $ 32,316,366
Total liabilities and equity   73,711,333   73,711,333       67,303,047 [1]      
Revenues 3,715,777 2,685,692 10,612,289 7,657,023            
VIE, Primary Beneficiary                    
Assets:                    
Net real estate investments 6,732,549   6,732,549       5,810,341      
Cash and cash equivalents 17,384   17,384       17,139      
Receivables and other assets 501,759   501,759       225,425      
Investments in unconsolidated entities 161,637   161,637       86,026      
Total assets 7,413,329   7,413,329       6,138,931      
Liabilities and equity:                    
Senior unsecured notes   167,414   167,414       74,421      
Secured debt 551,082   551,082       232,929      
Lease liabilities 1,417   1,417       2,529      
Accrued expenses and other liabilities 22,630   22,630       17,307      
Total equity 6,670,786   6,670,786       5,811,745      
Total liabilities and equity   7,413,329   7,413,329       $ 6,138,931      
Revenues $ 229,322 $ 188,457 $ 640,982 $ 500,591            
[1] The consolidated balance sheet at December 31, 2025 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.