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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Class A common shares
Class B common shares
Series F perpetual preferred shares
Shareholders’ equity
Shareholders’ equity
Class A common shares
Shareholders’ equity
Series F perpetual preferred shares
Common shares
Class A common shares
Common shares
Class B common shares
Preferred shares
Preferred shares
Series F perpetual preferred shares
Additional paid-in capital
Additional paid-in capital
Class A common shares
Additional paid-in capital
Series F perpetual preferred shares
Accumulated deficit
Accumulated deficit
Series F perpetual preferred shares
Accumulated other comprehensive income
Noncontrolling interest
Beginning balance, common (in shares) at Dec. 31, 2021               337,362,716 635,075                  
Beginning balance at Dec. 31, 2021 $ 6,738,429       $ 6,059,571     $ 3,374 $ 6 $ 154   $ 6,492,933     $ (438,710)   $ 1,814 $ 678,858
Beginning balance, preferred (in shares) at Dec. 31, 2021                   15,400,000                
Increase (Decrease) in Stockholders' Equity                                    
Share-based compensation 27,308       27,308             27,308            
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes (in shares)               519,110                    
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes 123       123     $ 5       118            
Issuance of Class A common shares, net of offering costs (in shares)               15,000,000                    
Issuance of Class A common shares, net of offering costs   $ 561,272       $ 561,272   $ 150         $ 561,122          
Redemptions (in shares)                     (6,200,000)              
Redemptions       $ (155,000)     $ (155,000)       $ (62)     $ (149,662)   $ (5,276)    
Distributions to equity holders:                                    
Preferred shares (17,081)       (17,081)                   (17,081)      
Noncontrolling interests (36,992)                                 (36,992)
Common shares (252,862)       (252,862)                   (252,862)      
Net income 310,025       273,138                   273,138     36,887
Total other comprehensive income (loss) (564)       (482)                       (482) (82)
Ending balance, common (in shares) at Dec. 31, 2022               352,881,826 635,075                  
Ending balance at Dec. 31, 2022 7,174,658       6,495,987     $ 3,529 $ 6 $ 92   6,931,819     (440,791)   1,332 678,671
Ending balance, preferred (in shares) at Dec. 31, 2022                   (9,200,000)                
Increase (Decrease) in Stockholders' Equity                                    
Share-based compensation 25,370       25,370             25,370            
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes (in shares)               614,922                    
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes 2,573       2,573     $ 6       2,567            
Issuance of Class A common shares, net of offering costs (in shares)               10,799,683                    
Issuance of Class A common shares, net of offering costs   $ 398,200       398,200   $ 108         398,092          
Distributions to equity holders:                                    
Preferred shares (13,944)       (13,944)                   (13,944)      
Noncontrolling interests (45,211)                                 (45,211)
Common shares (320,341)       (320,341)                   (320,341)      
Net income 432,142       380,168                   380,168     51,974
Total other comprehensive income (loss) (564)       (489)                       (489) (75)
Ending balance, common (in shares) at Dec. 31, 2023   364,296,431 635,075         364,296,431 635,075                  
Ending balance at Dec. 31, 2023 $ 7,652,883       6,967,524     $ 3,643 $ 6 $ 92   7,357,848     (394,908)   843 685,359
Ending balance, preferred (in shares) at Dec. 31, 2023 9,200,000                 9,200,000                
Increase (Decrease) in Stockholders' Equity                                    
Share-based compensation $ 30,984       30,984             30,984            
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes (in shares)               771,792                    
Common stock issued under share-based compensation plans, net of shares withheld for employee taxes (2,594)       (2,594)     $ 8       (2,602)            
Issuance of Class A common shares, net of offering costs (in shares)               3,919,770                    
Issuance of Class A common shares, net of offering costs   $ 142,817       $ 142,817   $ 39         $ 142,778          
Distributions to equity holders:                                    
Preferred shares (13,944)       (13,944)                   (13,944)      
Noncontrolling interests (53,432)                                 (53,432)
Common shares (384,206)       (384,206)                   (384,206)      
Net income 468,142       412,426                   412,426     55,716
Total other comprehensive income (loss) 7,980       7,009                       7,009 971
Ending balance, common (in shares) at Dec. 31, 2024   368,987,993 635,075         368,987,993 635,075                  
Ending balance at Dec. 31, 2024 $ 7,848,630       $ 7,160,016     $ 3,690 $ 6 $ 92   $ 7,529,008     $ (380,632)   $ 7,852 $ 688,614
Ending balance, preferred (in shares) at Dec. 31, 2024 9,200,000                 9,200,000