Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income	$ 424,190	$ 465,551
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	157,576	136,973
Amortization of deferred financing costs	5,470	3,933
Non-cash lease expense	942	939
Compensation expense related to stock-based awards	12,439	9,787
Accrual of interest income added to principal of debt securities and notes receivable	(16,200)	(19,235)
Gain on real estate transactions	0	(14,249)
Distributions from unconsolidated real estate ventures	7,594	6,204
Changes in operating assets and liabilities:
Other assets	(28,129)	15,789
Accounts payable and accrued expenses	36,234	28,646
Other liabilities	29,411	6,049
Net cash provided by operating activities	629,527	640,387
Cash flows from investing activities:
Acquisition of real estate assets	(127,416)	(438,287)
Cash paid for business combination	0	(157,301)
Development and redevelopment of real estate assets	(37,244)	(29,256)
Proceeds from sale of real estate assets and investments in real estate ventures	1,046	39,367
Investment in unconsolidated real estate entities	(171,126)	(76,339)
Return of investment in unconsolidated real estate ventures	0	342
Issuance and purchase of notes receivable	(124,103)	(204,930)
Principal payments received from notes receivable	46,466	223,773
Proceeds from sale of notes receivable	60,696	82,115
Purchase of equipment and fixtures	(5,905)	(9,512)
Net cash used in investing activities	(357,586)	(570,028)
Cash flows from financing activities:
Proceeds from notes payable and revolving lines of credit	2,479,592	1,948,657
Principal payments on notes payable and revolving lines of credit	(3,246,378)	(1,915,531)
Proceeds from issuance of public bonds, net	950,000	400,000
Deferred financing costs	(28,151)	(6,713)
Repurchase of common stock	0	(63,008)
Redemption of Operating Partnership units held by noncontrolling interests	0	(3,504)
Redemption of Preferred Units for cash	(5,000)	(4,500)
Dividends paid on common stock	(438,783)	(403,551)
Distributions to noncontrolling interests	(28,043)	(28,237)
Net cash used in financing activities	(316,763)	(76,387)
Net decrease in cash, cash equivalents, and restricted cash	(44,822)	(6,028)
Cash, cash equivalents, and restricted cash, beginning of the period	97,735	76,194
Cash, cash equivalents, and restricted cash, end of the period	52,913	70,166
Cash and cash equivalents	50,644	58,729
Restricted cash	2,269	11,437
Total	52,913	70,166
Supplemental schedule of cash flow information
Interest paid	150,459	82,381
Income taxes paid	1,910	9,116
Redemption of Operating Partnership units held by noncontrolling interests for common stock
Noncontrolling interests in Operating Partnership	116,336	0
Common stock and paid-in capital	(11,336)	0
Noncontrolling interests in Operating Partnership Note Receivable Payoff	(100,000)	0
OP Unit Redemption - Cash Proceeds	(5,000)	0
Acquisition and establishment of operating lease right of use assets and lease liabilities
Real estate assets - operating lease right-of-use assets	0	1,689
Operating lease liabilities	0	(1,689)
Acquisitions of real estate assets
Real estate assets, net	0	48,535
Value of equity issued	0	(40,965)
Net Liabilities Assumed	0	0
Investment in unconsolidated real estate ventures	0	(747)
Accrued construction costs and capital expenditures
Acquisition of real estate assets	4,503	987
Accounts payable and accrued expenses	(4,503)	(987)
Redemption of Preferred Operating Partnership units for common stock
Preferred Operating Partnership units	33,403	0
Additional paid-in capital	(33,403)	0
Preferred OP Units
Issuance of OP and Preferred OP units in conjunction with business combination
OP units issued	0	(6,000)
Common OP Units
Issuance of OP and Preferred OP units in conjunction with business combination
OP units issued	$ 0	$ (16,000)