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Segment Reporting - Segment’s Income to Consolidated Net (Loss) Income Attributable to Common Stockholders (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]                      
Revenue from tenants                 $ 805,010 $ 515,070 $ 378,857
Total net operating income                 206,484 (15,382) 100,543
Operating fees to related parties                 0 (28,283) (40,122)
Impairment charges $ (20,100) $ (38,600) $ (27,400) $ (4,300)   $ (4,500) $ (800) $ (16,000) (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)
Gain (loss) on dispositions of real estate investments         $ 65,700       57,015 (1,672) 325
Interest expense                 (326,932) (179,411) (97,510)
Loss on extinguishment and modification of debt     $ (13,100)           (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
Net loss before income tax                 (127,127) (197,435) 23,055
Income tax expense                 (4,445) (14,475) (11,032)
Net loss                 (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)
Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 805,010 515,070 378,857
Total net operating income                 662,513 447,231 345,980
Industrial & Distribution                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 237,645 220,102 211,533
Total net operating income                 215,825 204,645 197,851
Industrial & Distribution | Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 237,645 220,102 211,533
Total net operating income                 215,825 204,645 197,851
Multi-Tenant Retail                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 259,280 79,799 0
Total net operating income                 173,255 52,848 0
Multi-Tenant Retail | Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 259,280 79,799 0
Total net operating income                 173,255 52,848 0
Single-Tenant Retail                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 164,514 65,478 17,170
Total net operating income                 148,727 59,433 15,970
Single-Tenant Retail | Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 164,514 65,478 17,170
Total net operating income                 148,727 59,433 15,970
Office                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 143,571 149,691 150,154
Total net operating income                 124,706 130,305 132,159
Office | Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenue from tenants                 143,571 149,691 150,154
Total net operating income                 $ 124,706 $ 130,305 $ 132,159