CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue from tenants	$ 805,010	$ 515,070	$ 378,857
Expenses:
Property operating	142,497	67,839	32,877
Operating fees to related parties	0	28,283	40,122
Impairment charges	90,410	68,684	21,561
Merger, transaction and other costs	6,026	54,492	244
Settlement costs	0	29,727	0
General and administrative	57,734	40,187	17,737
Equity-based compensation	8,931	17,297	12,072
Depreciation and amortization	349,943	222,271	154,026
Total expenses	655,541	528,780	278,639
Operating income (loss) before gain (loss) on dispositions of real estate investments	149,469	(13,710)	100,218
Gain (loss) on dispositions of real estate investments	57,015	(1,672)	325
Operating income (loss)	206,484	(15,382)	100,543
Other income (expense):
Interest expense	(326,932)	(179,411)	(97,510)
Loss on extinguishment and modification of debt	(15,877)	(1,221)	(2,040)
Gain (loss) on derivative instruments	4,229	(3,691)	18,642
Unrealized gains on undesignated foreign currency advances and other hedge ineffectiveness	3,249	0	2,439
Other income	1,720	2,270	981
Total other expense, net	(333,611)	(182,053)	(77,488)
Net (loss) income before income tax	(127,127)	(197,435)	23,055
Income tax expense	(4,445)	(14,475)	(11,032)
Net (loss) income	(131,572)	(211,910)	12,023
Preferred stock dividends	(43,744)	(27,438)	(20,386)
Net loss attributable to common stockholders	$ (175,316)	$ (239,348)	$ (8,363)
Basic and Diluted Loss Per Common Share:
Net loss per share attributable to common stockholders — Basic (in dollars per share)	$ (0.76)	$ (1.71)	$ (0.09)
Net loss per share attributable to common stockholders — Diluted (in dollars per share)	$ (0.76)	$ (1.71)	$ (0.09)
Weighted average common shares outstanding:
Basic (in shares)	230,440,385	142,584,332	103,686,395
Diluted (in shares)	230,440,385	142,584,332	103,686,395