v3.26.3
Summary of Significant Accounting Policies - Schedule of Consolidated VIE Included in the Condensed Consolidated Balance Sheets (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Total accounted for using the operating method $ 5,502,304 $ 5,288,381
Less accumulated depreciation (849,551) (772,589)
Accounted for using the operating method, net 4,652,753 4,515,792
Property under development 484,117 265,812
Investment in rental property, net 5,176,150 4,821,506
Intangible lease assets, net 248,222 268,010
Total assets 6,072,313 5,717,267
Liabilities    
Intangible lease liabilities, net 36,346 41,527
Total liabilities 3,075,075 2,683,806
Land    
Assets    
Total accounted for using the operating method 827,700 781,117
Land improvements    
Assets    
Total accounted for using the operating method 405,038 373,405
Buildings and improvements    
Assets    
Total accounted for using the operating method 4,257,756 4,118,578
Consolidated Entity, Including Consolidated VIE    
Assets    
Total accounted for using the operating method 85,160 51,015
Less accumulated depreciation (3,255) (2,131)
Accounted for using the operating method, net 81,905 48,884
Property under development 243,739 114,094
Investment in rental property, net 325,644 162,978
Intangible lease assets, net 1,377 2,097
Other assets 14,369 17,825
Total assets 341,390 182,900
Liabilities    
Intangible lease liabilities, net 360 425
Other liabilities 7,405 1,925
Total liabilities 7,765 2,350
Consolidated Entity, Including Consolidated VIE | Land    
Assets    
Total accounted for using the operating method 11,178 7,644
Consolidated Entity, Including Consolidated VIE | Land improvements    
Assets    
Total accounted for using the operating method 9,743 2,707
Consolidated Entity, Including Consolidated VIE | Buildings and improvements    
Assets    
Total accounted for using the operating method $ 64,239 $ 40,664