XML 82 R71.htm IDEA: XBRL DOCUMENT v3.26.1
Noncontrolling Interests - Narrative (Details)
$ in Thousands
6 Months Ended 7 Months Ended
Mar. 31, 2026
USD ($)
property
shares
Jun. 30, 2026
USD ($)
entity
Jun. 30, 2025
USD ($)
Mar. 31, 2026
USD ($)
shares
Dec. 31, 2025
USD ($)
Noncontrolling interests          
Number of noncontrolling interests consolidated | entity   13      
Contributions from noncontrolling owners   $ 1,875,349 $ 0    
Noncontrolling interests   $ 2,384,520     $ 685,273
Apollo JV | Apollo          
Noncontrolling interests          
Third-party partnership ownership interest (as a percent)   49.00%      
Apollo JV | Common Class B | Apollo          
Noncontrolling interests          
Investment shares | shares 49,000,000     49,000,000  
Realty Income, L.P.          
Noncontrolling interests          
Ownership interest (as a percent)   90.05%      
Third-party partnership ownership interest (as a percent)   9.95%      
Primary Beneficiary          
Noncontrolling interests          
Noncontrolling interests   $ 2,384,520     685,273
Primary Beneficiary | U.S. Core Plus Fund          
Noncontrolling interests          
Investment company, committed capital   167,500   $ 1,700,000  
Capital calls   $ 948,000      
Ownership interest (as a percent)   26.80%      
Noncontrolling interests   $ 1,396,640     477,081
Primary Beneficiary | Apollo JV          
Noncontrolling interests          
Ownership interest (as a percent) 51.00%     51.00%  
Number of net lease properties contributed | property 492        
Contributions from noncontrolling owners $ 1,000,000        
Noncontrolling interests   778,900      
Increase in additional paid in capital   238,500      
Reduction in APIC related to noncontrolling interest issuance costs   (20,700)      
Primary Beneficiary | Apollo JV | Common Class A          
Noncontrolling interests          
Investment shares | shares 51,000,000     51,000,000  
Primary Beneficiary | Apollo JV | Common Class B          
Noncontrolling interests          
Quarterly distribution, percentage of available cash flow 55.00%        
Primary Beneficiary | Apollo JV | Common Class B | Minimum          
Noncontrolling interests          
Quarterly distribution, percentage of available cash flow 49.00%        
Primary Beneficiary | Apollo JV | Common Class B | Maximum          
Noncontrolling interests          
Quarterly distribution, percentage of available cash flow 60.00%        
Primary Beneficiary | Realty Income, L.P.          
Noncontrolling interests          
Noncontrolling interests   $ 164,395     $ 165,663