Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2025

Noncontrolling Interest [Abstract]

Schedule of the Change in the Carrying Value of all Noncontrolling Interests

The following table represents the change in the carrying value of all noncontrolling interests through March 31, 2025 (in thousands):

	Realty Income, L.P. units (1)		Other Noncontrolling Interests		Total
Carrying value at December 31, 2024	$	167,803	$	43,145	$	210,948
Contributions	—		1,342		1,342
Distributions	(2,210)		(801)		(3,011)
Allocation of net income	1,486		161		1,647
Carrying value at March 31, 2025	$	167,079	$	43,847	$	210,926

(1) 2,681,808 units were outstanding as of both March 31, 2025 and December 31, 2024.