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Derivatives - Schedule of Effect of Derivative Financial Instruments on Condensed Consolidated Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]    
Unrealized (loss) gain $ (366,837) $ 319,319
Unrealized (loss) gain on derivatives (95,455) 101,353
Total (462,292) 420,672
Gain reclassified to earnings 30,300 45,600
Interest rate swaps – property debt    
Derivative Instruments, Gain (Loss) [Line Items]    
Unrealized (loss) gain (347,607) 310,211
Unrealized (loss) gain on derivatives (95,455) 101,353
Interest rate caps – property debt    
Derivative Instruments, Gain (Loss) [Line Items]    
Unrealized (loss) gain (8,443) (10,878)
Realized gain (loss) (18) 511
Interest rate swaps – secured financings of investments in real estate debt    
Derivative Instruments, Gain (Loss) [Line Items]    
Unrealized (loss) gain (6,594) 15,355
Foreign Currency Contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Unrealized (loss) gain (5,764) 4,122
Realized gain (loss) $ 1,589 $ (2)