Supplemental Cash Flow Information	12 Months Ended
Dec. 31, 2024
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	NOTE 18. SUPPLEMENTAL CASH FLOW INFORMATION Our significant noncash investing and financing activities for the years ended December 31, 2024, 2023 and 2022 included the following: • We recognized lease right-of-use assets and lease liabilities related to leases in which we are the lessee within Other Assets and Other Liabilities on the Consolidated Balance Sheets, including any new leases, renewals and modifications of $67.7 million in 2024, $43.0 million in 2023 and $162.5 million in 2022 for both assets and liabilities. • We capitalized $42.9 million, $38.6 million and $34.9 million in 2024, 2023 and 2022, respectively, of equity-based compensation expense. • We received $1.0 billion, $379.1 million and $695.7 million of ownership interests in certain unconsolidated co-investment ventures, primarily as a portion of our proceeds from the contribution of properties to these entities during 2024, 2023 and 2022, respectively. • We issued 1.4 million, 0.8 million and 0.3 million shares in 2024, 2023 and 2022, respectively, of the Parent’s common stock upon redemption of an equal number of common limited partnership units in the OP. • We acquired the ownership interest of our partner in an unconsolidated venture in 2024 and began consolidating the properties. • We reinvested a distribution from an unconsolidated co-investment venture of $51.1 million in 2024. • We completed the Duke Transaction on October 3, 2022 for $23.2 billion through the issuance of equity and the assumption of debt. See Note 3 for more information on this transaction.

Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2024

Supplemental Cash Flow Elements [Abstract]

NOTE 18. SUPPLEMENTAL CASH FLOW INFORMATION

Our significant noncash investing and financing activities for the years ended December 31, 2024, 2023 and 2022 included the following:

•

We recognized lease right-of-use assets and lease liabilities related to leases in which we are the lessee within Other Assets and Other Liabilities on the Consolidated Balance Sheets, including any new leases, renewals and modifications of $67.7 million in 2024, $43.0 million in 2023 and $162.5 million in 2022 for both assets and liabilities.

•

We capitalized $42.9 million, $38.6 million and $34.9 million in 2024, 2023 and 2022, respectively, of equity-based compensation expense.

•

We received $1.0 billion, $379.1 million and $695.7 million of ownership interests in certain unconsolidated co-investment ventures, primarily as a portion of our proceeds from the contribution of properties to these entities during 2024, 2023 and 2022, respectively.

•

We issued 1.4 million, 0.8 million and 0.3 million shares in 2024, 2023 and 2022, respectively, of the Parent’s common stock upon redemption of an equal number of common limited partnership units in the OP.

•

We acquired the ownership interest of our partner in an unconsolidated venture in 2024 and began consolidating the properties.

•

We reinvested a distribution from an unconsolidated co-investment venture of $51.1 million in 2024.

•

We completed the Duke Transaction on October 3, 2022 for $23.2 billion through the issuance of equity and the assumption of debt. See Note 3 for more information on this transaction.