Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Lessor Operating Minimum Lease Payments

(Amounts in thousands)	Operating leases
2025	$	3,176,969
2026		2,522,253
2027		2,097,594
2028		1,780,247
2029		1,455,752
Thereafter		5,028,089
Total	$	16,060,904

Operating Lease Maturity

Maturities of lease liabilities as of December 31, 2024 were as follows (in thousands):

	Operating		Finance
	lease liabilities		lease liabilities (1)
2025	$	160,633	$	70,544
2026		160,465		19,426
2027		159,090		19,918
2028		149,794		85,034
2029		149,929		12,511
Thereafter		806,445		181,866
Total undiscounted future cash flows		1,586,356		389,299
Less: Imputed interest		(292,137)		(70,016)
Present value of undiscounted future cash flows	$	1,294,219	$	319,283

(1) Included in accounts payable and other accrued liabilities on the consolidated balance sheet.

Finance Leases Maturity

Maturities of lease liabilities as of December 31, 2024 were as follows (in thousands):

	Operating		Finance
	lease liabilities		lease liabilities (1)
2025	$	160,633	$	70,544
2026		160,465		19,426
2027		159,090		19,918
2028		149,794		85,034
2029		149,929		12,511
Thereafter		806,445		181,866
Total undiscounted future cash flows		1,586,356		389,299
Less: Imputed interest		(292,137)		(70,016)
Present value of undiscounted future cash flows	$	1,294,219	$	319,283

(1) Included in accounts payable and other accrued liabilities on the consolidated balance sheet.