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Real Property Acquisitions and Development - Summary of Real Property Investment Activity by Segment (Details) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Business Acquisition [Line Items]      
Land and land improvements $ 483,027 $ 458,536 $ 282,533
Buildings and improvements 3,463,003 3,318,754 2,379,657
Acquired lease intangibles 442,415 258,612 164,745
Construction in progress 115,294 165,934 108,141
Real property held for sale 305,392    
Right of use assets, net 906,967 25,139 4,021
Total net real estate assets 5,716,098 4,226,975 2,939,097
Receivables and other assets 153,725 23,631 14,907
Total assets acquired 5,869,823 4,250,606 2,954,004
Secured debt (860,906) (413,435) (319,362)
Lease liabilities (930,088) (25,165) (3,852)
Accrued expenses and other liabilities (242,401) (38,194) (115,804)
Total liabilities acquired (2,033,395) (476,794) (439,018)
Noncontrolling interests (26,514) (33,617) (116,211)
Non-cash acquisition related activity (284,465) (181,929) (92,755)
 Cash disbursed for acquisitions 3,525,449 3,558,266 2,306,020
Construction in progress additions 886,847 1,094,215 664,031
Less: Capitalized interest (58,115) (50,699) (30,491)
Accruals (832) (28,581) (1,803)
Cash disbursed for construction in progress 827,900 1,014,935 631,737
Capital improvements to existing properties 857,546 517,682 476,016
Total cash invested in real property, net of cash acquired  5,210,895 5,090,883 3,413,773
Unrestricted and restricted cash acquired $ 175,083 4,708 $ 6,563
New issues (in shares) 208   1,227
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net $ 451,611 67,898 $ 16,043
Equity Method Joint Venture      
Business Acquisition [Line Items]      
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net 182,642    
Seniors Housing Operating      
Business Acquisition [Line Items]      
Land and land improvements 388,090 251,507 206,618
Buildings and improvements 2,718,141 2,006,021 2,067,051
Acquired lease intangibles 407,112 208,239 129,429
Construction in progress 115,294 165,934 108,141
Real property held for sale 8,392    
Right of use assets, net 905,723 24,212 169
Total net real estate assets 4,542,752 2,655,913 2,511,408
Receivables and other assets 152,495 21,999 14,406
Total assets acquired 4,695,247 2,677,912 2,525,814
Secured debt (395,086) (372,482) (279,788)
Lease liabilities (930,088) (24,212) 0
Accrued expenses and other liabilities (219,497) (26,666) (112,962)
Total liabilities acquired (1,544,671) (423,360) (392,750)
Noncontrolling interests (26,514) (32,692) (115,112)
Non-cash acquisition related activity (92,933) (181,929) (64,975)
 Cash disbursed for acquisitions 3,031,129 2,039,931 1,952,977
Construction in progress additions 565,778 646,466 489,001
Less: Capitalized interest (47,242) (39,799) (24,432)
Accruals (205) (4,735) (4,621)
Cash disbursed for construction in progress 518,331 601,932 459,948
Capital improvements to existing properties 725,271 399,130 352,099
Total cash invested in real property, net of cash acquired  4,274,731 3,040,993 2,765,024
Triple-net      
Business Acquisition [Line Items]      
Land and land improvements 84,777 127,523 7,536
Buildings and improvements 710,361 969,481 59,248
Acquired lease intangibles 33,110 0 0
Construction in progress 0 0 0
Real property held for sale 297,000    
Right of use assets, net 1,244 0 0
Total net real estate assets 1,126,492 1,097,004 66,784
Receivables and other assets 1,118 0 0
Total assets acquired 1,127,610 1,097,004 66,784
Secured debt (465,820) 0 (39,574)
Lease liabilities 0 0 0
Accrued expenses and other liabilities (22,722) 0 (1,428)
Total liabilities acquired (488,542) 0 (41,002)
Noncontrolling interests 0 0 (4)
Non-cash acquisition related activity (191,532) 0 (27,780)
 Cash disbursed for acquisitions 447,536 1,097,004 (2,002)
Construction in progress additions 28 25,646 83,368
Less: Capitalized interest 0 (2,416) (4,210)
Accruals 264 (1,358) 0
Cash disbursed for construction in progress 292 21,872 79,158
Capital improvements to existing properties 32,833 33,592 48,052
Total cash invested in real property, net of cash acquired  480,661 1,152,468 125,208
Outpatient Medical      
Business Acquisition [Line Items]      
Land and land improvements 10,160 79,506 68,379
Buildings and improvements 34,501 343,252 253,358
Acquired lease intangibles 2,193 50,373 35,316
Construction in progress 0 0 0
Real property held for sale 0    
Right of use assets, net 0 927 3,852
Total net real estate assets 46,854 474,058 360,905
Receivables and other assets 112 1,632 501
Total assets acquired 46,966 475,690 361,406
Secured debt 0 (40,953) 0
Lease liabilities 0 (953) (3,852)
Accrued expenses and other liabilities (182) (11,528) (1,414)
Total liabilities acquired (182) (53,434) (5,266)
Noncontrolling interests 0 (925) (1,095)
Non-cash acquisition related activity 0 0 0
 Cash disbursed for acquisitions 46,784 421,331 355,045
Construction in progress additions 321,041 422,103 91,662
Less: Capitalized interest (10,873) (8,484) (1,849)
Accruals (891) (22,488) 2,818
Cash disbursed for construction in progress 309,277 391,131 92,631
Capital improvements to existing properties 99,442 84,960 75,865
Total cash invested in real property, net of cash acquired  $ 455,503 $ 897,422 $ 523,541