XML 97 R61.htm IDEA: XBRL DOCUMENT v3.25.4
Investments in Unconsolidated Real Estate Affiliates - Schedule of Investments in Unconsolidated Real Estate Affiliates (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
property
investment
Dec. 31, 2024
USD ($)
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 15  
Number of Properties | property 3,617  
Total unconsolidated real estate affiliates accounted for under the equity method $ 3,806,866 $ 1,747,787
Total unconsolidated real estate affiliates accounted for under the FVO $ 3,801,703 $ 1,742,086
Net lease    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 1  
Number of Properties | property 2  
Ownership Percentage 49.10% 49.10%
Total unconsolidated real estate affiliates accounted for under the equity method $ 5,163 $ 5,701
Total unconsolidated real estate affiliates accounted for under the equity method    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 1  
Number of Properties | property 2  
Total unconsolidated real estate affiliates accounted for under the equity method $ 5,163 $ 5,701
STORE    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 1  
Number of Properties | property 3,576  
Ownership Percentage 22.40% 16.40%
Total unconsolidated real estate affiliates accounted for under the FVO $ 2,452,660 $ 1,704,458
Net lease    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 3  
Number of Properties | property 24  
Ownership Percentage 50.90% 50.90%
Total unconsolidated real estate affiliates accounted for under the FVO $ 208,949 $ 28,808
Investment in real estate debt    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 3  
Total unconsolidated real estate affiliates accounted for under the FVO $ 188,973 $ 0
Investment in real estate debt | Minimum    
Schedule of Equity Method Investments [Line Items]    
Ownership Percentage 51.00%  
Investment in real estate debt | Maximum    
Schedule of Equity Method Investments [Line Items]    
Ownership Percentage 60.00%  
Net lease data centers    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 8  
Number of Properties | property 15  
Ownership Percentage   14.30%
Total unconsolidated real estate affiliates accounted for under the FVO $ 951,121 $ 8,820
Net lease data centers | Minimum    
Schedule of Equity Method Investments [Line Items]    
Ownership Percentage 10.60%  
Net lease data centers | Maximum    
Schedule of Equity Method Investments [Line Items]    
Ownership Percentage 65.50%  
Total unconsolidated real estate affiliates accounted for under the FVO    
Schedule of Equity Method Investments [Line Items]    
Number of Investments | investment 14  
Number of Properties | property 3,615  
Total unconsolidated real estate affiliates accounted for under the FVO $ 3,801,703 $ 1,742,086