XML 247 R76.htm IDEA: XBRL DOCUMENT v3.25.0.1
Investments in Unconsolidated Entities - Summarized Financial Information of Investments in Unconsolidated Entities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]      
Net Investment in Properties $ 24,120,782 $ 24,236,088  
Total Assets 45,283,616 44,113,258  
Mortgage Loans 753,314 630,973  
Liabilities 22,107,836 23,116,937  
Equity / (Deficit) 21,340,397 19,117,534  
Investments in unconsolidated entities 2,639,800 2,295,889 $ 1,991,426
Revenues 5,554,968 5,477,061 4,691,834
Net Income (Loss) 588,327 950,312 380,325
Equity in (earnings) loss of unconsolidated entities (120,138) (29,791) (13,497)
Unconsolidated entities      
Schedule of Equity Method Investments [Line Items]      
Total Assets 12,617,102 10,347,491 7,078,397
Liabilities 6,092,323 4,661,388 2,510,983
Equity / (Deficit) 6,524,779 5,686,103 4,567,414
Revenues 1,216,541 962,701 727,595
Net Operating Income 676,597 521,424 409,855
Net Income (Loss) (313,052) (39,945) (37,858)
Unconsolidated Joint Ventures in Americas      
Schedule of Equity Method Investments [Line Items]      
Total Assets 7,473,799 6,627,520 3,648,169
Liabilities 3,532,248 3,105,127 1,350,163
Equity / (Deficit) 3,941,551 3,522,393 2,298,006
Revenues 824,027 590,264 406,325
Net Operating Income 464,637 326,042 240,498
Net Income (Loss) (336,627) (13,097) (38,874)
Unconsolidated Joint Ventures in APAC      
Schedule of Equity Method Investments [Line Items]      
Total Assets 2,127,166 2,097,115 1,705,553
Liabilities 823,921 880,972 541,509
Equity / (Deficit) 1,303,245 1,216,143 1,164,044
Revenues 273,833 257,905 201,405
Net Operating Income 140,594 121,053 90,924
Net Income (Loss) 55,376 42,244 25,946
Unconsolidated Joint Ventures in EMEA      
Schedule of Equity Method Investments [Line Items]      
Total Assets 1,009,055 80,525 121,950
Liabilities 740,433 83,819 68,223
Equity / (Deficit) 268,622 (3,294) 53,727
Revenues 11,976 1,601 1,632
Net Operating Income 5,108 939 851
Net Income (Loss) (14,016) (8,225) (5,475)
Unconsolidated Joint Ventures in Global      
Schedule of Equity Method Investments [Line Items]      
Total Assets 2,007,082 1,542,331 1,602,725
Liabilities 995,721 591,470 551,088
Equity / (Deficit) 1,011,361 950,861 1,051,637
Revenues 106,705 112,931 118,233
Net Operating Income 66,258 73,390 77,582
Net Income (Loss) $ (17,785) $ (60,867) $ (19,455)