v3.26.3
Notes Payable - Summary of Debt (Detail)
1 Months Ended 9 Months Ended
Jan. 31, 2026
Sep. 30, 2026
USD ($)
extension
property
Sep. 17, 2026
Dec. 31, 2025
USD ($)
Debt Instrument [Line Items]        
Principal amount   $ 2,786,284,000   $ 3,278,649,000
Unsecured Debt   2,750,000,000   3,175,000,000
Secured Debt   36,284,000   103,649,000
Less: unamortized discount and deferred loan costs   (19,089,000)   (26,740,000)
Carrying value   2,767,195,000   3,251,909,000
Revolving Credit Facility(2)        
Debt Instrument [Line Items]        
Basis spread on variable rate 0.685%      
$575M Exchangeable Senior Notes        
Debt Instrument [Line Items]        
Carrying value   573,000,000.0   569,800,000
$575M Exchangeable Senior Notes due 2029        
Debt Instrument [Line Items]        
Carrying value   568,700,000   566,800,000
Credit Facility | Revolving Credit Facility(2)        
Debt Instrument [Line Items]        
Sustainability linked pricing component, increase (decrease) in applicable margin (0.04%)      
Line of Credit | Revolving Credit Facility(2)        
Debt Instrument [Line Items]        
Principal amount   $ 0   0
Basis spread on variable rate   0.685%    
Fixed interest rate   4.585%    
Debt instrument, maturity date   May 30, 2029    
Number of extensions | extension   2    
Extension period   6 months    
Line of Credit | Unsecured Revolving Credit Facility        
Debt Instrument [Line Items]        
Basis spread on variable rate   0.725%    
Line of Credit | Unsecured Revolving Credit Facility | Senior Unsecured Credit Facility | Maximum        
Debt Instrument [Line Items]        
Commitment fee percentage if pricing structure is converted to be based on an investment-grade rating   0.30%    
Line of Credit | Unsecured Revolving Credit Facility | Revolving Credit Facility(2)        
Debt Instrument [Line Items]        
Commitment fee percentage if pricing structure is converted to be based on an investment-grade rating 0.115% 0.125%    
Exchangeable Senior Notes | $575M Exchangeable Senior Notes        
Debt Instrument [Line Items]        
Principal amount   $ 575,000,000   575,000,000
Fixed interest rate   4.375%    
Debt instrument, maturity date   Mar. 15, 2027    
Exchangeable Senior Notes | $575M Exchangeable Senior Notes due 2029        
Debt Instrument [Line Items]        
Principal amount   $ 575,000,000   575,000,000
Fixed interest rate   4.125%    
Debt instrument, maturity date   Mar. 15, 2029    
Senior Unsecured Term Loan        
Debt Instrument [Line Items]        
Basis spread on variable rate   0.80%    
Senior Unsecured Term Loan | Minimum        
Debt Instrument [Line Items]        
Basis spread on variable rate   0.00%    
Senior Unsecured Term Loan | $300M Term Loan(3)        
Debt Instrument [Line Items]        
Principal amount   $ 0   300,000,000
Basis spread on variable rate   0.76%    
Fixed interest rate   3.577% 2.81725%  
Debt instrument, maturity date   May 26, 2027    
Interest rate, effective percentage     3.57725%  
Senior Unsecured Term Loan | $400 Million Unsecured Term Loan        
Debt Instrument [Line Items]        
Principal amount   $ 400,000,000   400,000,000
Basis spread on variable rate   0.76%    
Fixed interest rate   4.174%    
Debt instrument, maturity date   May 30, 2030    
Interest rate, effective percentage   4.17375%    
Senior Unsecured Term Loan | $400 Million Unsecured Term Loan | Interest Rate Swap        
Debt Instrument [Line Items]        
Derivative, average fixed interest rate   3.41375%    
Senior Notes | $125M Senior Notes(4)        
Debt Instrument [Line Items]        
Principal amount   $ 0   125,000,000
Fixed interest rate   3.93%    
Debt instrument, maturity date   Jul. 13, 2027    
Senior Notes | $300M Senior Notes due 2028        
Debt Instrument [Line Items]        
Principal amount   $ 300,000,000   300,000,000
Fixed interest rate   5.00%    
Debt instrument, maturity date   Jun. 15, 2028    
Senior Notes | $25M Series 2019A Senior Notes        
Debt Instrument [Line Items]        
Principal amount   $ 25,000,000   25,000,000
Fixed interest rate   3.88%    
Debt instrument, maturity date   Jul. 16, 2029    
Principal amount   $ 25,000,000.0    
Senior Notes | $400M Senior Notes due 2030        
Debt Instrument [Line Items]        
Principal amount   $ 400,000,000   400,000,000
Fixed interest rate   2.125%    
Debt instrument, maturity date   Dec. 01, 2030    
Principal amount   $ 400,000,000.0    
Senior Notes | $400M Senior Notes due 2031        
Debt Instrument [Line Items]        
Principal amount   $ 400,000,000   400,000,000
Fixed interest rate   2.15%    
Debt instrument, maturity date   Sep. 01, 2031    
Principal amount   $ 400,000,000.0    
Senior Notes | $75M Series 2019B Senior Notes        
Debt Instrument [Line Items]        
Principal amount   $ 75,000,000   75,000,000
Fixed interest rate   4.03%    
Debt instrument, maturity date   Jul. 16, 2034    
Principal amount   $ 75,000,000.0    
Term Loan | $60 Million Term Loan        
Debt Instrument [Line Items]        
Principal amount   $ 0   60,000,000
Basis spread on variable rate   1.25%    
Fixed interest rate   5.06%    
Debt instrument, maturity date   Oct. 27, 2026    
Interest rate, effective percentage   5.06%    
Number of properties securing loan | property   6    
Interest rate, increase (decrease)   0.10%    
Term Loan | $60 Million Term Loan | Interest Rate Swap        
Debt Instrument [Line Items]        
Derivative, average fixed interest rate   3.71%    
Fixed Rate Debt | 701-751 Kingshill Place        
Debt Instrument [Line Items]        
Principal amount   $ 0   6,715,000
Fixed interest rate   3.90%    
Debt instrument, maturity date   Jan. 05, 2026    
Fixed Rate Debt | 13943-13955 Balboa Boulevard        
Debt Instrument [Line Items]        
Principal amount   $ 13,504,000   13,814,000
Fixed interest rate   3.93%    
Debt instrument, maturity date   Jul. 01, 2027    
Periodic payment   $ 79,198    
Fixed Rate Debt | 2205 126th Street        
Debt Instrument [Line Items]        
Principal amount   $ 5,200,000   5,200,000
Fixed interest rate   3.91%    
Debt instrument, maturity date   Dec. 01, 2027    
Fixed Rate Debt | 2410-2420 Santa Fe Avenue        
Debt Instrument [Line Items]        
Principal amount   $ 10,300,000   10,300,000
Fixed interest rate   3.70%    
Debt instrument, maturity date   Jan. 01, 2028    
Fixed Rate Debt | 11832-11954 La Cienega Blvd        
Debt Instrument [Line Items]        
Principal amount   $ 3,624,000   3,688,000
Fixed interest rate   4.26%    
Debt instrument, maturity date   Jul. 01, 2028    
Periodic payment   $ 20,194    
Fixed Rate Debt | Gilbert/La Palma        
Debt Instrument [Line Items]        
Principal amount   $ 1,156,000   1,323,000
Fixed interest rate   5.125%    
Debt instrument, maturity date   Mar. 01, 2031    
Periodic payment   $ 24,008    
Fixed Rate Debt | 7817 Woodley Avenue        
Debt Instrument [Line Items]        
Principal amount   $ 2,500,000   $ 2,609,000
Fixed interest rate   4.14%    
Debt instrument, maturity date   Aug. 01, 2039    
Periodic payment   $ 20,855