Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income	$ 208,878	$ 217,717
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	78,490	67,906
Amortization of deferred financing costs	2,604	1,984
Non-cash lease expense	462	474
Compensation expense related to stock-based awards	5,499	4,542
Accrual of interest income added to principal of debt securities and notes receivable	(8,574)	(9,951)
Distributions from unconsolidated real estate ventures	3,789	2,795
Changes in operating assets and liabilities:
Other assets	(2,650)	(6,209)
Accounts payable and accrued expenses	4,724	(7,665)
Other liabilities	(11,573)	15,872
Net cash provided by operating activities	281,649	287,465
Cash flows from investing activities:
Acquisition of real estate assets	(47,296)	(195,805)
Development and redevelopment of real estate assets	(16,762)	(14,716)
Investment in unconsolidated real estate entities	(21,062)	(4,321)
Return of investment in unconsolidated real estate ventures	0	342
Issuance and purchase of notes receivable	(58,378)	(134,408)
Principal payments received from notes receivable	21,828	195,803
Proceeds from sale of notes receivable	39,261	39,718
Purchase of equipment and fixtures	(3,930)	(7,985)
Net cash used in investing activities	(86,339)	(121,372)
Cash flows from financing activities:
Proceeds from notes payable and revolving lines of credit	1,381,592	889,829
Principal payments on notes payable and revolving lines of credit	(1,879,049)	(1,230,924)
Proceeds from issuance of public bonds, net	500,000	400,000
Deferred financing costs	(6,080)	(5,842)
Redemption of Operating Partnership units held by noncontrolling interests	0	(2,672)
Redemption of Preferred Units for cash	(5,000)	(3,375)
Dividends paid on common stock	(219,988)	(202,527)
Distributions to noncontrolling interests	(14,078)	(14,110)
Net cash used in financing activities	(242,603)	(169,621)
Net decrease in cash, cash equivalents, and restricted cash	(47,293)	(3,528)
Cash, cash equivalents, and restricted cash, beginning of the period	97,735	76,194
Cash, cash equivalents, and restricted cash, end of the period	50,442	72,666
Cash and cash equivalents	47,951	65,978
Restricted cash	2,491	6,688
Total	50,442	72,666
Supplemental schedule of cash flow information
Interest paid	78,656	43,197
Income taxes paid	1,910	703
Acquisition and establishment of operating lease right of use assets and lease liabilities
Real estate assets - operating lease right-of-use assets	0	1,440
Operating lease liabilities	0	(1,440)
Acquisitions of real estate assets
Real estate assets, net	0	40,492
Value of equity issued	0	(40,965)
Net Liabilities Assumed	0	(274)
Investment in unconsolidated real estate ventures	0	747
Accrued construction costs and capital expenditures
Acquisition of real estate assets	1,752	2,236
Accounts payable and accrued expenses	(1,752)	(2,236)
Redemption of Preferred Operating Partnership units for common stock
Preferred Operating Partnership units	33,403	0
Additional paid-in capital	$ (33,403)	$ 0