v3.26.3
Net Investment in Sales-type Leases and Ground Lease Receivables - Ground Lease Receivable by Year of Origination (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Sales-type leases    
Current Year $ 82,561 $ 44,561
One Year Prior 81,940 150,889
Two Years Prior 153,877 73,751
Three Years Prior 74,895 704,299
Four Years Prior 713,491 1,243,115
Five Years Prior and Earlier 2,637,587 1,357,810
Net investment in sales-type leases 3,744,351 3,574,425
Ground Lease receivables    
Current Year 82,269 96,937
One Year Prior 160,721 128,497
Two Years Prior 132,560 44,840
Three Years Prior 45,531 798,444
Four Years Prior 809,559 284,634
Five Years Prior and Earlier 981,337 655,451
Total 2,211,977 2,008,803
Stabilized properties    
Sales-type leases    
Current Year   22,955
One Year Prior 23,262 36,488
Two Years Prior 37,069 51,253
Three Years Prior 52,065 665,105
Four Years Prior 673,762 1,119,446
Five Years Prior and Earlier 2,483,296 1,329,290
Net investment in sales-type leases 3,269,454 3,224,537
Ground Lease receivables    
Current Year 29,606 38,076
One Year Prior 38,638  
Two Years Prior   19,950
Three Years Prior 20,278 158,930
Four Years Prior 161,225 204,531
Five Years Prior and Earlier 900,114 655,451
Total 1,149,861 1,076,938
Development properties    
Sales-type leases    
Current Year 82,561 21,606
One Year Prior 58,678 114,401
Two Years Prior 116,808 22,498
Three Years Prior 22,830 39,194
Four Years Prior 39,729 123,669
Five Years Prior and Earlier 154,291 28,520
Net investment in sales-type leases 474,897 349,888
Ground Lease receivables    
Current Year 52,663 58,861
One Year Prior 122,083 128,497
Two Years Prior 132,560 24,890
Three Years Prior 25,253 639,514
Four Years Prior 648,334 80,103
Five Years Prior and Earlier 81,223  
Total $ 1,062,116 $ 931,865