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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Value of Initial Fixed $100 Investment Based on:
YearSummary Compensation Table Total for PEO
($)
Compensation Actually Paid to PEO
($)(1)(2)
Average Summary Compensation Table Total for Non-PEO NEOs
($)
Average Compensation Actually Paid to Non-PEO NEOs ($)(1)(2)
Total Shareholder Return
($)
MSCI U.S. REIT Index Total Shareholder Return
($)(3)
Net Income
($)
Diluted AFFO per share
($)(4)
202415,246,209 14,671,021 4,164,766 4,140,423 94.96123.47867,341,0004.19
202313,128,8109,506,7453,695,6752,708,04797.01113.54876,914,0004.00
202214,286,815 16,383,532 3,782,204 4,185,216 101.6699.82872,416,0003.92
202112,861,01116,487,3052,946,1643,572,661109.73132.23360,747,0003.59
20207,787,647 3,887,914 1,945,047 995,917 88.4492.43396,506,0003.39
        
Company Selected Measure Name AFFO per share        
Named Executive Officers, Footnote Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
YearPEONon-PEO NEOs
2024Sumit RoyJonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2023Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2022Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2021Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent
2020Sumit RoyMichael P. Pfeiffer, Neil M. Abraham, Mark E. Hagan, Sean P. Nugent, and Paul M. Meurer
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2024 fiscal year, as adjusted as follows:
2024
Equity Award AdjustmentsPEO
($)		Average Non-PEO NEOs
($)
Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table(7,906,212)(2,142,955)
Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year9,433,4152,531,411
Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)(2,034,911)(421,644)
Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)(265,759)(52,278)
Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation198,27961,124
Total Adjustments(575,188)(24,342)
        
Peer Group Issuers, Footnote For the relevant fiscal year, represents the cumulative TSR of the MSCI U.S. REIT Index.        
PEO Total Compensation Amount $ 15,246,209 $ 13,128,810 $ 14,286,815 $ 12,861,011 $ 7,787,647
PEO Actually Paid Compensation Amount $ 14,671,021 9,506,745 16,383,532 16,487,305 3,887,914
Adjustment To PEO Compensation, Footnote Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
YearPEONon-PEO NEOs
2024Sumit RoyJonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2023Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2022Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2021Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent
2020Sumit RoyMichael P. Pfeiffer, Neil M. Abraham, Mark E. Hagan, Sean P. Nugent, and Paul M. Meurer
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2024 fiscal year, as adjusted as follows:
2024
Equity Award AdjustmentsPEO
($)		Average Non-PEO NEOs
($)
Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table(7,906,212)(2,142,955)
Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year9,433,4152,531,411
Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)(2,034,911)(421,644)
Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)(265,759)(52,278)
Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation198,27961,124
Total Adjustments(575,188)(24,342)
Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (i) for time-based restricted stock and restricted stock unit awards, the closing price per share on the applicable year-end date(s) or, in the case of vesting dates, the closing price per share on the applicable vesting date(s); (ii) for performance-based restricted stock awards (excluding any market-based awards), the same valuation methodology as restricted stock awards above except that the year-end values are multiplied by the probability of achievement of the applicable performance objective as of the applicable date; and (iii) for market-based awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s), which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value, to estimate the probability of satisfying the performance objective established for the award, including the expected volatility of our stock price relative to the applicable comparative index and a risk-free interest rate of derived from linear interpolation of the term structure of Treasury Constant Maturities yield rates for the applicable period. The range of estimates used in the Monte Carlo calculations are as follows: (i) for 2024, volatility between 17%-19% and risk-free rate between 4.2%-4.4%; (ii) for 2023, volatility between 20%-21% and risk-free rate between 4.2%-4.5%; (iii) for 2022, volatility between 20%-22% and risk free rate between 4.4%-4.7%; (iv) for 2021, volatility between 18%-45% and risk free rate of 0.4%-0.7%; and (v) for 2020, volatility between 45%-61% and risk free rate of 0.1%. 		       
Non-PEO NEO Average Total Compensation Amount $ 4,164,766 3,695,675 3,782,204 2,946,164 1,945,047
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,140,423 2,708,047 4,185,216 3,572,661 995,917
Adjustment to Non-PEO NEO Compensation Footnote Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
YearPEONon-PEO NEOs
2024Sumit RoyJonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2023Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2022Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore
2021Sumit RoyChristie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent
2020Sumit RoyMichael P. Pfeiffer, Neil M. Abraham, Mark E. Hagan, Sean P. Nugent, and Paul M. Meurer
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2024 fiscal year, as adjusted as follows:
2024
Equity Award AdjustmentsPEO
($)		Average Non-PEO NEOs
($)
Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table(7,906,212)(2,142,955)
Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year9,433,4152,531,411
Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)(2,034,911)(421,644)
Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)(265,759)(52,278)
Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation198,27961,124
Total Adjustments(575,188)(24,342)
        
Compensation Actually Paid vs. Total Shareholder Return
3887
        
Compensation Actually Paid vs. Net Income
3889
        
Compensation Actually Paid vs. Company Selected Measure
3891
        
Tabular List, Table AFFO per share;
•TSR ranking relative to MSCI REIT Index;
•Net Debt-to-Pro Forma Adjusted EBITDAre;
•Fixed charge coverage ratio;
•Portfolio occupancy; and
•Dividend per share growth rate
        
Total Shareholder Return Amount $ 94.96 97.01 101.66 109.73 88.44
Peer Group Total Shareholder Return Amount 123.47 113.54 99.82 132.23 92.43
Net Income (Loss) $ 867,341,000 $ 876,914,000 $ 872,416,000 $ 360,747,000 $ 396,506,000
Company Selected Measure Amount | $ / shares 4.19 4.00 3.92 3.59 3.39
PEO Name Sumit Roy Sumit Roy Sumit Roy Sumit Roy Sumit Roy
Additional 402(v) Disclosure
The following table sets forth information concerning the compensation of our NEOs for each of the fiscal years ended December 31, 2020, 2021, 2022, 2023 and 2024, and our financial performance for each such fiscal year:
The line graph below compares (i) the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (ii) our cumulative TSR, (iii) the cumulative TSR of the MSCI U.S. REIT Index, (iv) our net income, and (v) AFFO per share, in each case, for the fiscal years ended December 31, 2020, 2021, 2022, 2023 and 2024. TSR amounts reported in the graph assume an initial fixed investment of $100 and that all dividends were reinvested.
We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2024:
For additional information about how each of these measures has been incorporated into our 2024 compensation program, please see “Compensation Discussion and Analysis - 2024 STIP Performance Goals” on page 55 and “Compensation Discussion and Analysis - 2024 LTIP Performance Goals” on page 62.
        
Adjustment To Compensation Amount, Weighted Average Volatility Rate, Minimum, Percentage 17.00% 20.00% 20.00% 18.00% 45.00%
Adjustment To Compensation Amount, Weighted Average Volatility Rate, Maximum, Percentage 19.00% 21.00% 22.00% 45.00% 61.00%
Adjustment To Compensation Amount, Risk Free Interest Rate, Minimum, Percentage 4.20% 4.20% 4.40% 0.40%  
Adjustment To Compensation Amount, Risk Free Interest Rate, Maximum, Percentage 4.40% 4.50% 4.70% 0.70%  
Adjustment To Compensation Amount, Risk Free Interest Rate, Percentage         0.10%
Measure:: 1          
Pay vs Performance Disclosure          
Name •AFFO per share        
Non-GAAP Measure Description AFFO per share, a non-GAAP financial measure, provides useful information to investors because it is a widely accepted industry measure of the operating performance of REITs that is used by industry analysts and investors who look at and compare those companies. It provides an additional measure to compare the operating performance of REITs without having to account for differing depreciation assumptions and other unique revenue and expense items, which we believe are not pertinent to measuring a particular company’s on-going operating performance. The most appropriate GAAP performance metric to which AFFO should be reconciled is net income available to common stockholders per share. For a reconciliation of AFFO per share to net income available to common stockholders per share, see Appendix A on page 1 of this Proxy Statement.        
Measure:: 2          
Pay vs Performance Disclosure          
Name •TSR ranking relative to MSCI REIT Index        
Measure:: 3          
Pay vs Performance Disclosure          
Name •Net Debt-to-Pro Forma Adjusted EBITDAre        
Measure:: 4          
Pay vs Performance Disclosure          
Name •Fixed charge coverage ratio        
Measure:: 5          
Pay vs Performance Disclosure          
Name •Portfolio occupancy        
Measure:: 6          
Pay vs Performance Disclosure          
Name Dividend per share growth rate        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (575,188)        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (7,906,212)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,433,415        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,034,911)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (265,759)        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 198,279        
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (24,342)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,142,955)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,531,411        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (421,644)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (52,278)        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 61,124