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Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Equity
Total Shareholders' Equity
Common Stock
Common Stock
Class S Common Shares
Common Stock
Class N Common Shares
Common Stock
Class D Common Shares
Common Stock
Class I Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Earnings and Cumulative Distributions
Non-controlling Interests
Beginning balance at Dec. 31, 2024   $ 4,197,498 $ 3,948,179   $ 1,870 $ 152 $ 18 $ 2,192 $ 4,149,362 $ (18,118) $ (187,297) $ 249,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common shares issued   1,496,361 1,496,361   572 192 27 680 1,494,890      
Offering costs   (46,930) (46,930)           (46,930)      
Distribution reinvestment   84,905 84,905   39 3 1 40 84,822      
Common share repurchases   (177,359) (177,359) $ (177,359) (44)     (135) (177,180)      
Converted common shares   0 0   (8)     8        
Amortization of restricted share grants   117 117           117      
Net income   168,881 160,716               160,716 8,165
Other comprehensive (loss) income $ 13,504 13,322 12,750             12,750   572
Distributions declared on common shares   (168,521) (168,521)               (168,521)  
Redeemable common share measurement adjustment   (19) (19)           (19)      
Contributions from non-controlling interests   119                   119
Distributions to and redemptions of non-controlling interests   (15,029)                   (15,029)
Redeemable non-controlling interests measurement adjustment   (462) (462)           (462)      
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (458) (2,953)           (2,953)     2,495
Ending balance at Jun. 30, 2025   5,552,425 5,306,784   2,429 347 46 2,785 5,501,647 (5,368) (195,102) 245,641
Beginning balance at Mar. 31, 2025   4,876,885 4,626,384   2,120 245 40 2,503 4,814,831 (29,943) (163,412) 250,501
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common shares issued   785,847 785,847   309 100 5 359 785,074      
Offering costs   (25,699) (25,699)           (25,699)      
Distribution reinvestment   45,503 45,503   21 2 1 21 45,458      
Common share repurchases   (116,228) (116,228) (116,228) (19)     (100) (116,109)      
Converted common shares   0 0   (2)     2        
Amortization of restricted share grants   47 47           47      
Net income   60,969 58,348               58,348 2,621
Other comprehensive (loss) income 26,062 25,773 24,575             24,575   1,198
Distributions declared on common shares   (90,038) (90,038)               (90,038)  
Redeemable common share measurement adjustment   (146) (146)           (146)      
Contributions from non-controlling interests   65                   65
Distributions to and redemptions of non-controlling interests   (9,826)                   (9,826)
Redeemable non-controlling interests measurement adjustment   (498) (498)           (498)      
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (229) (1,311)           (1,311)     1,082
Ending balance at Jun. 30, 2025   5,552,425 5,306,784   2,429 347 46 2,785 5,501,647 (5,368) (195,102) 245,641
Beginning balance at Dec. 31, 2025 7,255,399 7,255,399 7,016,820   3,070 478 89 3,585 7,118,409 (755) (108,056) 238,579
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common shares issued   1,340,356 1,340,356   467 86 29 687 1,339,087      
Offering costs   (39,162) (39,162)           (39,162)      
Distribution reinvestment   144,177 144,177   62 8 2 64 144,041      
Common share repurchases   (252,448) (252,448) (252,448) (70) (10) (5) (153) (252,210)      
Converted common shares   0 0   (9)     9        
Amortization of restricted share grants   141 141           141      
Net income   232,980 226,117               226,117 6,863
Other comprehensive (loss) income (3,177) (3,074) (3,010)             (3,010)   (64)
Distributions declared on common shares   (283,862) (283,862)               (283,862)  
Redeemable common share measurement adjustment   (397) (397)           (397)      
Contributions from non-controlling interests   546                   546
Distributions to and redemptions of non-controlling interests   (11,598)                   (11,598)
Redeemable non-controlling interests measurement adjustment   (3,204) (3,204)           (3,204)      
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   51 73           73     (22)
Ending balance at Jun. 30, 2026 8,379,905 8,379,905 8,145,601   3,520 562 115 4,192 8,306,778 (3,765) (165,801) 234,304
Beginning balance at Mar. 31, 2026   7,969,342 7,731,517   3,342 536 98 3,930 7,814,347 (7,810) (82,926) 237,825
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common shares issued   579,317 579,317   178 27 21 321 578,770      
Offering costs   (15,514) (15,514)           (15,514)      
Distribution reinvestment   75,564 75,564   32 4 1 34 75,493      
Common share repurchases   (143,542) (143,542) $ (143,542) (26) (5) (5) (99) (143,407)      
Converted common shares   0 0   (6)     6        
Amortization of restricted share grants   59 59           59      
Net income   66,154 64,285               64,285 1,869
Other comprehensive (loss) income 4,260 4,182 4,045             4,045   137
Distributions declared on common shares   (147,160) (147,160)               (147,160)  
Redeemable common share measurement adjustment   (431) (431)           (431)      
Contributions from non-controlling interests   410                   410
Distributions to and redemptions of non-controlling interests   (6,142)                   (6,142)
Redeemable non-controlling interests measurement adjustment   (2,215) (2,215)           (2,215)      
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (119) (324)           (324)     205
Ending balance at Jun. 30, 2026 $ 8,379,905 $ 8,379,905 $ 8,145,601   $ 3,520 $ 562 $ 115 $ 4,192 $ 8,306,778 $ (3,765) $ (165,801) $ 234,304