Supplemental Disclosures of Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2025

Supplemental Cash Flow Information [Abstract]

Schedule of Supplemental Cash Flow Information

The following table summarizes our supplemental cash flow information during the periods indicated below (in thousands):

	Three months ended March 31,
	2025		2024
Supplemental disclosures:
Cash paid for interest	$	270,919	$	229,182
Cash paid for income taxes	$	55,035	$	21,582
Non-cash activities:
Net (decrease) increase in fair value of derivatives	$	(47,749)	$	45,133
Term loans assumed at fair value	$	—	$	1,300,000
Notes payable assumed at fair value	$	—	$	2,481,486

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of 'Cash and cash equivalents' reported on our consolidated balance sheets to the total of the cash, cash equivalents, and restricted cash reported within our consolidated statements of cash flows (in thousands):

	March 31, 2025		March 31, 2024
Cash and cash equivalents shown in the consolidated balance sheets	$	319,007	$	680,159
Restricted escrow deposits (1)	15,617		6,401
Impounds related to mortgages payable (1)	16,061		10,226
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	350,685	$	696,786

(1) Included within 'Other assets, net' on our consolidated balance sheets (see note 3, Supplemental Detail for Certain Components of Consolidated Balance Sheets). These amounts consist of cash that we are legally entitled to, but that is not immediately available to us. As a result, these amounts were considered restricted as of the dates presented.