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Segment Reporting - Summary Information for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
[1]
Segment Reporting Information [Line Items]          
Resident fees and services $ 1,393,473 $ 1,159,449 $ 2,753,747 $ 2,291,134  
Rental income   335,811 383,439 753,463 767,498  
Interest income 63,453 38,710 116,117 75,115  
Other income 32,147 83,880 61,298 92,460  
Total revenues 1,824,884 1,665,478 3,684,625 3,226,207  
Property operating expenses 1,111,297 958,672 2,208,210 1,916,425  
Consolidated net operating income (loss) 713,587 706,806 1,476,415 1,309,782  
Depreciation and amortization 382,045 341,945 747,908 681,057  
Interest expense 133,424 152,337 280,742 296,740  
General and administrative expenses 55,565 44,287 108,883 88,658  
Loss (gain) on derivatives and financial instruments, net (5,825) 1,280 (8,879) 2,210  
Loss (gain) on extinguishment of debt, net 1,705 1 1,711 6  
Provision for loan losses, net 5,163 2,456 6,177 3,233  
Impairment of assets   2,394 1,086 45,725 13,715  
Other expenses 48,684 11,069 62,815 33,814  
Income (loss) from continuing operations before income taxes and other items 90,432 152,345 231,333 190,349  
Income tax (expense) benefit (1,101) (3,503) (7,292) (6,548)  
Income (loss) from unconsolidated entities 4,896 (40,332) (2,887) (47,403)  
Gain (loss) on real estate dispositions, net 166,443 (2,168) 171,150 (1,421)  
Income (loss) from continuing operations 260,670 106,342 392,304 134,977  
Net income (loss) 260,670 106,342 392,304 134,977  
Total assets 45,533,937   45,533,937   $ 44,012,166
Seniors Housing Operating          
Segment Reporting Information [Line Items]          
Rental income       265,959 222,452  
Operating Segments | Seniors Housing Operating          
Segment Reporting Information [Line Items]          
Resident fees and services 1,393,473 1,159,449 2,753,747 2,291,134  
Rental income   0 0 0 0  
Interest income 16,077 2,095 21,100 4,646  
Other income 1,900 2,895 3,363 5,340  
Total revenues 1,411,450 1,164,439 2,778,210 2,301,120  
Property operating expenses 1,034,906 885,187 2,054,253 1,768,971  
Consolidated net operating income (loss) 376,544 279,252 723,957 532,149  
Depreciation and amortization 253,531 220,428 490,327 440,835  
Interest expense 7,326 16,136 18,512 27,623  
General and administrative expenses 0 0 0 0  
Loss (gain) on derivatives and financial instruments, net 0 0 0 0  
Loss (gain) on extinguishment of debt, net 1,705 0 1,711 0  
Provision for loan losses, net 6,142 1,867 7,710 1,794  
Impairment of assets   1,778 0 45,109 12,629  
Other expenses 37,724 8,060 46,481 25,639  
Income (loss) from continuing operations before income taxes and other items 68,338 32,761 114,107 23,629  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities (2,526) (39,445) (6,793) (55,034)  
Gain (loss) on real estate dispositions, net 137,061 (2,096) 141,663 (1,263)  
Income (loss) from continuing operations 202,873 (8,780) 248,977 (32,668)  
Net income (loss) 202,873 (8,780) 248,977 (32,668)  
Total assets 26,007,665   26,007,665    
Operating Segments | Triple-net          
Segment Reporting Information [Line Items]          
Resident fees and services 0 0 0 0  
Rental income   141,151 198,916 362,895 401,335  
Interest income 46,528 36,520 93,317 70,283  
Other income 931 66,692 2,130 68,575  
Total revenues 188,610 302,128 458,342 540,193  
Property operating expenses 10,495 10,598 21,312 22,321  
Consolidated net operating income (loss) 178,115 291,530 437,030 517,872  
Depreciation and amortization 61,766 55,234 124,301 109,762  
Interest expense 352 (795) 710 (810)  
General and administrative expenses 0 0 0 0  
Loss (gain) on derivatives and financial instruments, net (5,825) 1,280 (8,879) 2,210  
Loss (gain) on extinguishment of debt, net 0 0 0 0  
Provision for loan losses, net (962) 591 (1,529) 1,441  
Impairment of assets   616 1,086 616 1,086  
Other expenses 8,420 818 9,625 3,285  
Income (loss) from continuing operations before income taxes and other items 113,748 233,316 312,186 400,898  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities 2,614 (630) (539) 7,802  
Gain (loss) on real estate dispositions, net 21,268 (72) 21,294 448  
Income (loss) from continuing operations 137,630 232,614 332,941 409,148  
Net income (loss) 137,630 232,614 332,941 409,148  
Total assets 9,454,889   9,454,889    
Operating Segments | Outpatient Medical          
Segment Reporting Information [Line Items]          
Resident fees and services 0 0 0 0  
Rental income   194,660 184,523 390,568 366,163  
Interest income 848 95 1,700 186  
Other income 2,577 1,574 4,979 4,674  
Total revenues 198,085 186,192 397,247 371,023  
Property operating expenses 61,185 58,697 123,648 117,062  
Consolidated net operating income (loss) 136,900 127,495 273,599 253,961  
Depreciation and amortization 66,748 66,283 133,280 130,460  
Interest expense 1,310 3,152 3,028 7,256  
General and administrative expenses 0 0 0 0  
Loss (gain) on derivatives and financial instruments, net 0 0 0 0  
Loss (gain) on extinguishment of debt, net 0 1 0 6  
Provision for loan losses, net (17) (2) (4) (2)  
Impairment of assets   0 0 0 0  
Other expenses 331 647 940 1,194  
Income (loss) from continuing operations before income taxes and other items 68,528 57,414 136,355 115,047  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities 4,808 (257) 4,445 (171)  
Gain (loss) on real estate dispositions, net 8,114 0 8,193 (606)  
Income (loss) from continuing operations 81,450 57,157 148,993 114,270  
Net income (loss) 81,450 57,157 148,993 114,270  
Total assets 7,487,100   7,487,100    
Non-segment/Corporate          
Segment Reporting Information [Line Items]          
Resident fees and services 0 0 0 0  
Rental income   0 0 0 0  
Interest income 0 0 0 0  
Other income 26,739 12,719 50,826 13,871  
Total revenues 26,739 12,719 50,826 13,871  
Property operating expenses 4,711 4,190 8,997 8,071  
Consolidated net operating income (loss) 22,028 8,529 41,829 5,800  
Depreciation and amortization 0 0 0 0  
Interest expense 124,436 133,844 258,492 262,671  
General and administrative expenses 55,565 44,287 108,883 88,658  
Loss (gain) on derivatives and financial instruments, net 0 0 0 0  
Loss (gain) on extinguishment of debt, net 0 0 0 0  
Provision for loan losses, net 0 0 0 0  
Impairment of assets   0 0 0 0  
Other expenses 2,209 1,544 5,769 3,696  
Income (loss) from continuing operations before income taxes and other items (160,182) (171,146) (331,315) (349,225)  
Income tax (expense) benefit (1,101) (3,503) (7,292) (6,548)  
Income (loss) from unconsolidated entities 0 0 0 0  
Gain (loss) on real estate dispositions, net 0 0 0 0  
Income (loss) from continuing operations (161,283) (174,649) (338,607) (355,773)  
Net income (loss) (161,283) $ (174,649) (338,607) $ (355,773)  
Total assets $ 2,584,283   $ 2,584,283    
[1] The consolidated balance sheet at December 31, 2023 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.