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Mortgage Notes and Revolving Credit Facility - Summary of Mortgage Notes and Revolving Credit Facility Secured by Company's Properties (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]      
Debt Instrument, Basis Spread on Variable Rate 2.40%    
Maximum Facility Size     $ 100,000
Principal Balance Outstanding [1]   $ 11,354,191 3,295,684
Deferred financing costs, net [1]   (80,410) (17,208)
Premium on assumed debt, net [1]   630 286
Mortgage notes and revolving credit facility, net [1]   11,274,411 3,278,762
Fixed Rate Loans      
Debt Instrument [Line Items]      
Principal Balance Outstanding [1]   3,110,689 2,236,290
Variable Rate Loans      
Debt Instrument [Line Items]      
Principal Balance Outstanding [1]   $ 8,243,502 1,059,394
One-Month LIBOR      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   0.10%  
Variable Rate Revolving Credit Facilities | Variable Rate Loans      
Debt Instrument [Line Items]      
Maximum Facility Size [2]   $ 1,200,000  
Principal Balance Outstanding [1],[2]   $ 1,190,683 172,800
Variable Rate Revolving Credit Facilities | Variable Rate Loans | Weighted Average      
Debt Instrument [Line Items]      
Weighted Average Maturity Date [2],[3]   Dec. 01, 2023  
Variable Rate Revolving Credit Facilities | One-Month LIBOR | Variable Rate Loans | Weighted Average      
Debt Instrument [Line Items]      
Debt Instrument, Basis Spread on Variable Rate [2],[4],[5]   1.85%  
Fixed Rate Mortgages | Fixed Rate Loans      
Debt Instrument [Line Items]      
Weighted Average Interest Rate [4],[5]   2.99%  
Principal Balance Outstanding [1]   $ 3,110,689 2,236,290
Fixed Rate Mortgages | Fixed Rate Loans | Weighted Average      
Debt Instrument [Line Items]      
Weighted Average Maturity Date [3]   Sep. 19, 2030  
Floating Rate Mortgages | Variable Rate Loans      
Debt Instrument [Line Items]      
Principal Balance Outstanding [1]   $ 7,052,819 $ 886,594
Floating Rate Mortgages | Variable Rate Loans | Weighted Average      
Debt Instrument [Line Items]      
Weighted Average Maturity Date [3]   Feb. 23, 2024  
Floating Rate Mortgages | One-Month LIBOR | Variable Rate Loans | Weighted Average      
Debt Instrument [Line Items]      
Debt Instrument, Basis Spread on Variable Rate [4],[5]   1.76%  
[1] The majority of the Company’s mortgages contain yield or spread maintenance provisions.
[2] The Company’s revolving credit facility can be drawn upon to fund the acquisition of future real estate investments. During December 2021, the Company extended this facility to December 1, 2023. The repayment of the revolving credit facility is guaranteed by the Operating Partnership.
[3] For loans where the Company, at its own discretion, has extension options, the maximum maturity date has been assumed.
[4] The term “L” refers to the one-month LIBOR. As of December 31, 2021, one-month LIBOR was equal to 0.10%.
[5] The term “S” refers to the one-month SOFR. As of December 31, 2021, one-month SOFR was equal to 0.05%.