XML 104 R89.htm IDEA: XBRL DOCUMENT v3.25.1
Variable Interest Entities - Schedule of Consolidated Assets and Liabilities of VIEs (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Assets        
Buildings and improvements $ 16,176,176 $ 16,115,283    
Development costs and construction in progress 962,714 880,393    
Land and improvements 2,941,082 2,918,758    
Accumulated depreciation and amortization (4,240,220) (4,083,030)    
Net real estate 15,839,752 15,831,404    
Loans receivable, net 698,525 717,190    
Investments in and advances to unconsolidated joint ventures 951,978 936,814    
Accounts receivable, net 68,908 76,810    
Cash and cash equivalents 70,625 119,818 $ 101,763 $ 117,635
Intangible assets, net 747,789 817,254    
Right-of-use asset, net 422,017 424,173    
Other assets, net 940,314 942,465    
Total assets 19,815,729 19,938,255    
Liabilities        
Term loans 1,646,335 1,646,043    
Senior unsecured notes 6,714,279 6,563,256    
Mortgage debt 352,051 356,750    
Intangible liabilities, net 179,002 191,884    
Lease liability 306,577 307,220    
Accounts payable, accrued liabilities, and other liabilities 670,221 725,342    
Deferred revenue 939,855 940,136    
Total liabilities 10,972,320 10,880,631    
Consolidated Lessees VIE        
Assets        
Buildings and improvements 4,745,424 4,669,914    
Development costs and construction in progress 75,420 92,710    
Land and improvements 476,244 472,232    
Accumulated depreciation and amortization (819,325) (761,759)    
Net real estate 4,477,763 4,473,097    
Loans receivable, net 548,738 550,829    
Investments in and advances to unconsolidated joint ventures 34,322 39,946    
Accounts receivable, net 8,760 17,357    
Cash and cash equivalents 30,050 32,421    
Restricted cash 2,321 1,029    
Intangible assets, net 586,168 629,802    
Right-of-use asset, net 272,838 270,918    
Other assets, net 174,678 173,435    
Total assets 6,135,638 6,188,834    
Liabilities        
Term loans 401,767 401,895    
Senior unsecured notes 1,155,895 1,151,801    
Mortgage debt 245,611 247,776    
Intangible liabilities, net 90,221 95,315    
Lease liability 196,540 193,421    
Accounts payable, accrued liabilities, and other liabilities 105,617 125,688    
Deferred revenue 62,212 65,358    
Total liabilities $ 2,257,863 $ 2,281,254