v3.26.3
Summary of Significant Accounting Policies - Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Dec. 31, 2024
Assets        
Net investment in sales-type leases $ 3,732,306 [1] $ 3,563,675 [1] $ 3,527,275 $ 3,454,953
Ground Lease receivables 2,206,382 [1] 2,003,931 [1] 1,961,019 $ 1,833,398
Cash and cash equivalents 29,854 [1] 21,705 [1] 12,123  
Restricted cash 10,974 [1] 9,031 [1] $ 9,136  
Liabilities        
Debt obligations, net [1] 4,799,314 4,585,887    
Nonrelated party        
Assets        
Loans receivable, net [1] 70,753 46,088    
Related party        
Assets        
Loans receivable, net [1] 110,095 112,556    
Carrying Value        
Assets        
Net investment in sales-type leases 3,732,000 3,564,000    
Ground Lease receivables 2,206,000 2,004,000    
Cash and cash equivalents 30,000 22,000    
Restricted cash 11,000 9,000    
Liabilities        
Debt obligations, net 4,799,000 4,586,000    
Carrying Value | Nonrelated party        
Assets        
Loans receivable, net 71,000 46,000    
Carrying Value | Related party        
Assets        
Loans receivable, net 110,000 113,000    
Carrying Value | Level 1        
Liabilities        
Debt obligations, net 1,430,000 1,429,000    
Carrying Value | Level 3        
Liabilities        
Debt obligations, net 3,369,000 3,157,000    
Fair Value        
Liabilities        
Debt obligations, net 4,056,000 4,070,000    
Fair Value | Level 1        
Assets        
Cash and cash equivalents 30,000 22,000    
Restricted cash 11,000 9,000    
Liabilities        
Debt obligations, net 1,326,000 1,414,000    
Fair Value | Level 3        
Assets        
Net investment in sales-type leases 3,387,000 3,576,000    
Ground Lease receivables 2,118,000 2,159,000    
Liabilities        
Debt obligations, net 2,730,000 2,656,000    
Fair Value | Level 3 | Nonrelated party        
Assets        
Loans receivable, net 71,000 46,000    
Fair Value | Level 3 | Related party        
Assets        
Loans receivable, net $ 115,000 $ 116,000    
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).