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FAIR VALUES OF FINANCIAL INSTRUMENTS - Carrying Amounts and Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 182,335 $ 897,850
Escrow deposits and restricted cash 63,628 59,383
Non-mortgage loans receivable, net 25,642 28,129
Liabilities:    
Senior notes payable and other debt, gross 12,793,021 13,618,802
Non-mortgage loans receivable, net    
Assets:    
Non-mortgage loans receivable, net 25,642 28,129
Non-mortgage loans receivable, fair value 25,276 27,640
Secured/mortgage loans and other, net    
Assets:    
Secured mortgage loans and other, net 145,184 144,872
Secured mortgage loans and other, net, fair value 146,113 146,229
Carrying Amount    
Assets:    
Cash and cash equivalents 182,335 897,850
Escrow deposits and restricted cash 63,628 59,383
Stock warrants 32,652 40,192
Derivative instruments 8,183 12,908
Liabilities:    
Derivative instruments 8,205 5,887
Redeemable OP Units 233,608 200,420
Carrying Amount | Non-mortgage loans receivable, net    
Assets:    
Non-mortgage loans receivable, net 25,642 28,129
Carrying Amount | Secured/mortgage loans and other, net    
Assets:    
Secured mortgage loans and other, net 145,184 144,872
Fair Value    
Assets:    
Cash and cash equivalents, fair value 182,335 897,850
Escrow deposits and restricted cash 63,628 59,383
Stock warrants 32,652 40,192
Derivative instruments 8,183 12,908
Liabilities:    
Senior notes payable and other debt, gross, fair value 12,799,116 13,411,066
Derivative instruments 8,205 5,887
Redeemable OP Units, fair value 233,608 200,420
Fair Value | Non-mortgage loans receivable, net    
Assets:    
Non-mortgage loans receivable, fair value 25,276 27,640
Fair Value | Secured/mortgage loans and other, net    
Assets:    
Secured mortgage loans and other, net, fair value $ 146,113 $ 146,229