Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Minimum Lease Payments on Leases

The following table summarizes the minimum lease payments due from our customers on leases for space in our operating properties, prestabilized and under development properties, other real estate investments and assets held for sale or contribution at December 31, 2022 (in thousands): 

2023	$	4,404,367
2024		4,221,731
2025		3,800,708
2026		3,231,191
2027		2,578,599
Thereafter		9,452,245
Total	$	27,688,841

Future Minimum Rental Payments under Non-Cancelable Operating Leases

The following table summarizes the fixed, future minimum rental payments, excluding variable costs, for leases that had commenced at December 31, 2022, with amounts discounted at lease commencement by our incremental borrowing rates to calculate the lease liabilities of our leases (in thousands):

2023	$	62,061
2024		71,709
2025		56,349
2026		47,443
2027		39,642
Thereafter		1,144,025
Total undiscounted rental payments		1,421,229
Less imputed interest		782,418
Total lease liabilities	$	638,811