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Secured Debt, Encumbers Real Estate Owned, Percent.

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Secured debt including debt on real estate held for sale.

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Secured debt.

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Secured Debt, Unencumbered Real Estate Owned, Percent.

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Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense.

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Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Amount, after accumulated amortization, of debt discount.

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Amount, after accumulated amortization, of debt discount (premium).

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Average fixed interest rate related to the group of interest rate derivatives.

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Nominal or face amount used to calculate payments on the derivative liability.

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Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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SECURED AND UNSECURED DEBT, NET - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Nov. 30, 2025	Jul. 31, 2025	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2025
Secured Debt
Percentage of secured debt which encumbers real estate owned based upon book value			10.00%
Percentage of secured debt of real estate owned which is unencumbered			90.00%
Payments on secured debt			$ 178,323	$ 137,971	$ 1,244
Total Debt, net			5,821,369	5,826,965
Outstanding balances			5,835,855
All-in weighted average interest rate						4.04%
3.00% Medium-Term Notes due August 2031
Secured Debt
Outstanding balances			600,000
Interest rate risk			$ 250,000
All-in weighted average interest rate			3.01%
5.125% Medium-Term Note due September 2034
Secured Debt
All-in weighted average interest rate			4.95%
Unsecured Debt
Secured Debt
Total Debt, net			$ 4,860,189	4,687,634
Outstanding balances			4,871,380
Secured Debt
Secured Debt
Total Debt, net			961,180	1,139,331
Outstanding balances			$ 964,475
Fixed Rate Debt \| Mortgages loans
Secured Debt
Payments on secured debt	$ 127,600	$ 44,300
Fixed Rate Debt \| Mortgages loans \| Minimum
Secured Debt
Notes payable maximum interest rates range			2.62%
Fixed Rate Debt \| Mortgages loans \| Maximum
Secured Debt
Notes payable maximum interest rates range			4.39%
Fixed Rate Debt \| Unsecured Debt \| 2.95% Medium-Term Note due September 2026
Secured Debt
Outstanding balances			$ 300,000	$ 300,000
Stated interest rate			2.95%	2.95%
Fixed Rate Debt \| Unsecured Debt \| 3.50 Medium-Term Note due July 2027
Secured Debt
Total Debt, net			$ 299,894	$ 299,824
Stated interest rate			3.50%	3.50%
Unamortized discount			$ (106)	$ (176)
Fixed Rate Debt \| Unsecured Debt \| 4.40% Medium-Term Notes due January 2029
Secured Debt
Principal outstanding			300,000
Total Debt, net			$ 299,998	$ 299,998
Stated interest rate			4.40%	4.40%
Portion of medium term note subject to interest rate swaps			$ 150,000
All-in weighted average interest rate			4.27%
Unamortized discount			$ (2)	$ (2)
Fixed Rate Debt \| Unsecured Debt \| 3.20% Medium-Term Notes due January 2030
Secured Debt
Total Debt, net			$ 605,548	$ 606,921
Stated interest rate			3.20%	3.20%
All-in weighted average interest rate			3.32%
Fixed Rate Debt \| Unsecured Debt \| 3.00% Medium-Term Notes due August 2031
Secured Debt
Total Debt, net			$ 606,720	$ 607,914
Stated interest rate			3.00%	3.00%
Fixed Rate Debt \| Unsecured Debt \| 3.10% senior unsecured notes due 2034
Secured Debt
All-in weighted average interest rate			3.13%
Fixed Rate Debt \| Secured Debt
Secured Debt
Total Debt, net			$ 934,223	$ 1,112,369
Fixed Rate Debt \| Secured Debt \| Mortgages loans
Secured Debt
Outstanding balances			937,475	1,115,798
Fixed Rate Debt \| Secured Debt \| 5.125% Medium-Term Note due September 2034
Secured Debt
Total Debt, net			$ 297,351	$ 297,046
Stated interest rate			5.125%	5.125%
Unamortized discount			$ (2,649)	$ (2,954)
Fixed Rate Debt \| Debt Assumed As Part of Acquisition \| Mortgages loans
Secured Debt
Amortization of debt discount (Premium)			700	1,300	$ 3,400
Unamortized net Premium (Discount)			(500)	200
Variable Rate Debt \| Secured Debt
Secured Debt
Total Debt, net			26,957	26,962
Variable Rate Debt \| Secured Debt \| Tax-exempt secured notes payable
Secured Debt
Outstanding balances			$ 27,000	$ 27,000
Variable Rate Debt \| Tax-exempt secured notes payable \| Mortgages loans
Secured Debt
Notes payable maximum interest rates range			3.11%