v3.26.3
Variable Interest Entities - Schedule of Consolidated Assets and Liabilities of Variable Interest Entities (Details)
$ in Thousands
Sep. 30, 2026
USD ($)
asset
Dec. 31, 2025
USD ($)
asset
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Assets        
Buildings and improvements $ 18,744,157 $ 16,593,535    
Development costs and construction in progress 1,026,355 1,010,657    
Land and improvements 3,426,289 3,007,346    
Accumulated depreciation (4,708,201) (4,512,443)    
Net real estate 18,488,600 16,099,095    
Loans receivable, net 284,203 606,020    
Investments in unconsolidated joint ventures 466,114 802,601    
Accounts receivable, net 75,944 78,327    
Cash and cash equivalents 514,310 467,457 $ 91,038 $ 119,818
Intangible assets 917,700 654,516    
Right-of-use asset 393,382 412,198    
Deferred tax assets 121,663 111,248    
Goodwill 68,529 68,529    
Other assets 941,976 885,161    
Total assets 22,411,975 20,336,018    
Liabilities        
Term loans 1,646,725 1,647,113    
Senior unsecured notes 6,142,101 6,772,722    
Mortgage debt 104,019 349,209    
Intangible liabilities 146,688 173,697    
Lease liability 288,386 296,260    
Accounts payable, accrued liabilities, and other liabilities 749,010 718,509    
Deferred revenue 1,039,166 985,307    
Total liabilities $ 11,606,630 $ 12,033,567    
Number of asset held for sale | asset 1 4    
Held-for-sale        
Assets        
Right-of-use asset   $ 7,000    
Liabilities        
Lease liability   9,000    
Deferred revenue   3,000    
Real estate held for development and sale, net   73,000    
Consolidated Lessees VIE        
Assets        
Buildings and improvements $ 9,337,618 4,697,185    
Development costs and construction in progress 306,933 190,603    
Land and improvements 1,097,335 532,374    
Accumulated depreciation (1,869,357) (930,916)    
Net real estate 8,872,529 4,489,246    
Loans receivable, net 181,285 552,113    
Investments in unconsolidated joint ventures 38,637 25,241    
Accounts receivable, net 44,141 24,823    
Cash and cash equivalents 398,169 56,660    
Restricted cash 88,984 3,141    
Intangible assets 747,089 473,011    
Assets held for sale 4,025 35,244    
Right-of-use asset 273,456 266,135    
Deferred tax assets 116,024 121    
Goodwill 54,350 50,501    
Other assets 339,430 138,265    
Total assets 11,158,119 6,114,501    
Liabilities        
Term loans 400,936 401,339    
Senior unsecured notes 1,181,632 1,168,508    
Mortgage debt 103,544 245,735    
Intangible liabilities 65,668 76,593    
Liabilities related to assets held for sale 0 11,798    
Lease liability 206,117 193,441    
Accounts payable, accrued liabilities, and other liabilities 526,084 144,106    
Deferred revenue 803,466 61,432    
Total liabilities 3,287,447 2,302,952    
Consolidated Lessees VIE | Held-for-sale        
Assets        
Right-of-use asset   7,000    
Liabilities        
Lease liability   9,000    
Deferred revenue   2,000    
Real estate held for development and sale, net $ 4,000 $ 27,000