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Segment Reporting - Summary Information for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
[1]
Segment Reporting Information [Line Items]          
Resident fees and services $ 1,511,524 $ 1,199,808 $ 4,265,271 $ 3,490,942  
Rental income   430,486 384,507 1,183,949 1,152,005  
Interest income 69,046 42,220 185,163 117,335  
Other income 44,607 35,478 105,905 127,938  
Total revenues 2,055,663 1,662,013 5,740,288 4,888,220  
Property operating expenses 1,212,701 995,273 3,420,911 2,911,698  
Consolidated net operating income (loss) 842,962 666,740   1,976,522  
Depreciation and amortization 403,779 339,314 1,151,687 1,020,371  
Interest expense 139,050 156,532 419,792 453,272  
General and administrative expenses 77,901 46,106 186,784 134,764  
Loss (gain) on derivatives and financial instruments, net (9,906) 2,885 (18,785) 5,095  
Loss (gain) on extinguishment of debt, net 419 1 2,130 7  
Provision for loan losses, net 4,193 4,059 10,370 7,292  
Impairment of assets   23,421 7,388 69,146 21,103  
Other expenses 20,239 38,220 83,054 72,034  
Income (loss) from continuing operations before income taxes and other items 183,866 72,235 415,199 262,584  
Income tax (expense) benefit 4,706 (4,584) (2,586) (11,132)  
Income (loss) from unconsolidated entities (4,038) (4,031) (6,925) (51,434)  
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net 272,266 71,102 443,416 69,681  
Income (loss) from continuing operations 456,800 134,722 849,104 269,699  
Net income (loss) 456,800 134,722 849,104 269,699  
Total assets 48,953,698   48,953,698   $ 44,012,166
Seniors Housing Operating          
Segment Reporting Information [Line Items]          
Rental income       417,490 341,172  
Operating Segments | Seniors Housing Operating          
Segment Reporting Information [Line Items]          
Resident fees and services 1,511,524 1,199,808 4,265,271 3,490,942  
Rental income   0 0 0 0  
Interest income 16,328 2,194 37,428 6,840  
Other income 2,498 1,897 5,861 7,237  
Total revenues 1,530,350 1,203,899 4,308,560 3,505,019  
Property operating expenses 1,135,887 918,990 3,190,140 2,687,961  
Consolidated net operating income (loss) 394,463 284,909 1,118,420 817,058  
Depreciation and amortization 279,693 215,195 770,020 656,030  
Interest expense 8,742 14,358 27,254 41,981  
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 0 1,711 0  
Provision for loan losses, net 5,543 384 13,253 2,178  
Impairment of assets   20,887 2,400 65,996 15,029  
Other expenses 17,914 34,865 64,395 60,504  
Income (loss) from continuing operations before income taxes and other items 61,684 17,707 175,791 41,336  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities 4,247 (6,021) (2,546) (61,055)  
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net 63 71,173 141,726 69,910  
Income (loss) from continuing operations 65,994 82,859 314,971 50,191  
Net income (loss) 65,994 82,859 314,971 50,191  
Total assets 28,900,249   28,900,249    
Operating Segments | Triple-net          
Segment Reporting Information [Line Items]          
Resident fees and services 0 0 0 0  
Rental income   227,531 194,912 590,426 596,247  
Interest income 51,866 39,928 145,183 110,211  
Other income 1,118 1,482 3,248 70,057  
Total revenues 280,515 236,322 738,857 776,515  
Property operating expenses 9,345 10,044 30,657 32,365  
Consolidated net operating income (loss) 271,170 226,278 708,200 744,150  
Depreciation and amortization 57,583 58,196 181,884 167,958  
Interest expense 90 374 800 (436)  
General and administrative expenses 0 0 0 0  
Loss (gain) on derivatives and financial instruments, net (9,906) 2,885 (18,785) 5,095  
Loss (gain) on extinguishment of debt, net 0 0 0 0  
Provision for loan losses, net (1,345) 3,675 (2,874) 5,116  
Impairment of assets   2,534 4,988 3,150 6,074  
Other expenses 2,445 1,627 12,070 4,912  
Income (loss) from continuing operations before income taxes and other items 219,769 154,533 531,955 555,431  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities (8,680) 2,056 (9,219) 9,858  
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net 272,334 (12) 293,628 436  
Income (loss) from continuing operations 483,423 156,577 816,364 565,725  
Net income (loss) 483,423 156,577 816,364 565,725  
Total assets 9,845,405   9,845,405    
Operating Segments | Outpatient Medical          
Segment Reporting Information [Line Items]          
Resident fees and services 0 0 0 0  
Rental income   202,955 189,595 593,523 555,758  
Interest income 852 98 2,552 284  
Other income 2,040 2,265 7,019 6,939  
Total revenues 205,847 191,958 603,094 562,981  
Property operating expenses 62,778 62,204 186,426 179,266  
Consolidated net operating income (loss) 143,069 129,754 416,668 383,715  
Depreciation and amortization 66,503 65,923 199,783 196,383  
Interest expense (573) 2,313 2,455 9,569  
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 7  
Provision for loan losses, net (5) 0 (9) (2)  
Impairment of assets   0 0 0 0  
Other expenses (500) 1,117 440 2,311  
Income (loss) from continuing operations before income taxes and other items 77,644 60,400 213,999 175,447  
Income tax (expense) benefit 0 0 0 0  
Income (loss) from unconsolidated entities 395 (66) 4,840 (237)  
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net (131) (59) 8,062 (665)  
Income (loss) from continuing operations 77,908 60,275 226,901 174,545  
Net income (loss) 77,908 60,275 226,901 174,545  
Total assets 7,553,112   7,553,112    
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 38,951 29,834 89,777 43,705  
Total revenues 38,951 29,834 89,777 43,705  
Property operating expenses 4,691 4,035 13,688 12,106  
Consolidated net operating income (loss) 34,260 25,799 76,089 31,599  
Depreciation and amortization 0 0 0 0  
Interest expense 130,791 139,487 389,283 402,158  
General and administrative expenses 77,901 46,106 186,784 134,764  
Loss (gain) on derivatives and financial instruments, net 0 0 0 0  
Loss (gain) on extinguishment of debt, net 419 0 419 0  
Provision for loan losses, net 0 0 0 0  
Impairment of assets   0 0 0 0  
Other expenses 380 611 6,149 4,307  
Income (loss) from continuing operations before income taxes and other items (175,231) (160,405) (506,546) (509,630)  
Income tax (expense) benefit 4,706 (4,584) (2,586) (11,132)  
Income (loss) from unconsolidated entities 0 0 0 0  
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net 0 0 0 0  
Income (loss) from continuing operations (170,525) (164,989) (509,132) (520,762)  
Net income (loss) (170,525) $ (164,989) (509,132) $ (520,762)  
Total assets $ 2,654,932   $ 2,654,932    
[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.