CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 251,462	$ 133,899
Adjustments to net income:
Depreciation and amortization	608,935	581,064
Amortization of share-based compensation	5,899	34,003
Non-cash revenue adjustments	(28,486)	(30,586)
Amortization of deferred financing costs	5,920	5,819
Foreign currency and unrealized derivative gain, net	(273)	(12,570)
Non-cash interest expense (income)	1,829	(1,800)
Gain on sales of real estate	(22,537)	(16,574)
Equity in earnings (losses) of unconsolidated entities	(4,357)	1,676
Distributions on common equity from unconsolidated entities	5,756	5,249
Provisions for impairment	116,589	89,489
Deferred income taxes	(104)	0
Change in assets and liabilities
Accounts receivable and other assets	(95,360)	(32,682)
Accounts payable, accrued expenses and other liabilities	(58,474)	25,958
Net cash provided by operating activities	787,516	778,673
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in real estate	(1,184,086)	(535,903)
Improvements to real estate, including leasing costs	(22,900)	(9,628)
Investment in unconsolidated entities	(5,283)	(38,070)
Investment in loans	(200,872)	0
Proceeds from sales of real estate	92,573	95,624
Proceeds from note receivable	7,022	5,468
Insurance proceeds received	15	16
Non-refundable escrow deposits	(100)	0
Net cash acquired in merger	0	93,683
Net cash used in investing activities	(1,313,631)	(388,810)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash distributions to common stockholders	(711,824)	(636,499)
Cash distributions to preferred stockholders	0	(2,588)
Borrowings on revolving credit facility and commercial paper programs	5,594,638	8,018,932
Payments on revolving credit facility and commercial paper programs	(5,084,178)	(7,748,935)
Principal payment on term loan	0	(250,000)
Proceeds from notes payable issued	0	1,250,000
Principal payment on notes payable	0	(499,999)
Principal payments on mortgages payable	(39,520)	(621,175)
Proceeds from common stock offerings, net	624,795	543,538
Proceeds from dividend reinvestment and stock purchase plan	3,105	3,117
Distributions to noncontrolling interests	(2,999)	(2,268)
Debt issuance costs	0	(28,603)
Other items, including shares withheld upon vesting	(9,459)	(8,493)
Net cash provided by financing activities	374,558	17,027
Effect of exchange rate changes on cash and cash equivalents	6,737	(2,279)
Net (decrease) increase in cash, cash equivalents and restricted cash	(144,820)	404,611
Cash, cash equivalents and restricted cash, beginning of period	495,505	292,175
Cash, cash equivalents and restricted cash, end of period	350,685	696,786
Mortgages
Adjustments to net income:
Amortization of net premiums	65	(122)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal payments on mortgages payable	(39,500)
Notes Payable to Banks
Adjustments to net income:
Amortization of net premiums	$ 652	$ (4,150)