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Business Segments - Segment Reporting, Reconciliation of Revenues, Operating Income and Assets (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Segment Reporting Information [Line Items]        
Total revenues $ 1,148,316 $ 978,241    
Operating income 532,197 468,057    
General and administrative expenses 78,032 69,689    
Depreciation and amortization expenses 397,575 345,970    
Gains on dispositions of development properties and land, net 173,643 162,750    
Gains on other dispositions of investments in real estate, net 16,623 31,491    
Earnings from unconsolidated entities, net 67,049 88,730    
Interest expense (71,281) (75,642)    
Interest and other income, net 4,746 370    
Foreign currency and derivative gains, net 80,152 113,329    
Losses on early extinguishment of debt, net (187,453) (42,767)    
Earnings before income taxes 425,410 552,077    
Total assets 55,732,809   $ 56,065,005  
Investments in and advances to unconsolidated entities 7,514,840   7,602,014  
Assets held for sale or contribution 1,055,751   1,070,724  
Cash and cash equivalents 676,074 807,871 598,086 $ 1,088,855
Other assets 2,850,603   2,949,009  
Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total assets 46,045,610   46,390,991  
Operating Segments [Member]        
Segment Reporting Information [Line Items]        
Operating income 817,538 689,475    
Total assets 46,084,153   46,429,882  
Operating Segments [Member] | Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total revenues 1,028,355 881,650    
Operating income 747,027 639,458    
Operating Segments [Member] | Strategic Capital [Member]        
Segment Reporting Information [Line Items]        
Total revenues 119,961 96,591    
Operating income 70,511 50,017    
Total assets 38,543   38,891  
Operating Segments [Member] | U.S. [Member] | Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total revenues 975,083 829,383    
Operating income 709,303 602,604    
Total assets 42,337,749   42,559,023  
Operating Segments [Member] | U.S. [Member] | Strategic Capital [Member]        
Segment Reporting Information [Line Items]        
Total revenues 33,983 34,342    
Operating income 8,302 13,624    
Total assets 12,939   13,257  
Operating Segments [Member] | Other Americas [Member] | Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total revenues 23,893 26,079    
Operating income 17,595 19,456    
Total assets 1,168,322   1,145,699  
Operating Segments [Member] | Other Americas [Member] | Strategic Capital [Member]        
Segment Reporting Information [Line Items]        
Total revenues 10,663 9,111    
Operating income 7,906 5,179    
Operating Segments [Member] | Europe [Member] | Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total revenues 18,856 15,502    
Operating income 13,191 10,155    
Total assets 1,634,170   1,604,393  
Operating Segments [Member] | Europe [Member] | Strategic Capital [Member]        
Segment Reporting Information [Line Items]        
Total revenues 43,429 32,590    
Operating income 32,171 20,594    
Total assets 25,280   25,280  
Operating Segments [Member] | Asia [Member] | Real Estate Operations [Member]        
Segment Reporting Information [Line Items]        
Total revenues 10,523 10,686    
Operating income 6,938 7,243    
Total assets 905,369   1,081,876  
Operating Segments [Member] | Asia [Member] | Strategic Capital [Member]        
Segment Reporting Information [Line Items]        
Total revenues 31,886 20,548    
Operating income 22,132 10,620    
Total assets 324   354  
Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Operating income 532,197 468,057    
General and administrative expenses (78,032) (69,689)    
Depreciation and amortization expenses (397,575) (345,970)    
Gains on dispositions of development properties and land, net 173,643 162,750    
Gains on other dispositions of investments in real estate, net 16,623 31,491    
Earnings from unconsolidated entities, net 67,049 88,730    
Interest expense (71,281) (75,642)    
Losses on early extinguishment of debt, net (187,453) $ (42,767)    
Total assets 9,648,656   9,635,123  
Investments in and advances to unconsolidated entities 7,514,840   7,602,014  
Assets held for sale or contribution 1,055,751   1,070,724  
Cash and cash equivalents 676,074   598,086  
Other assets $ 401,991   $ 364,299