Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating activities:
Net income		$ 972,857	$ 358,139	$ 160,568
Adjustments to reconcile net income to net cash provided from (used in) operating activities:
Depreciation and amortization		1,632,093	1,401,101	1,310,368
Other amortization expenses		47,759	42,645	28,234
Provision for loan losses, net		10,125	9,809	10,320
Impairment of assets		92,793	36,097	17,502
Stock-based compensation expense		75,821	37,199	26,149
Loss (gain) on derivatives and financial instruments, net		(27,887)	(2,120)	8,334
Loss (gain) on extinguishment of debt, net		2,130	7	680
Loss (income) from unconsolidated entities		496	53,442	21,290
Rental income less than (in excess of) cash received		(15,859)	(135,758)	(108,883)
Amortization related to above (below) market leases, net		(219)	(529)	(1,693)
Loss (gain) on real estate dispositions and acquisitions of controlling interests, net		(451,611)	(67,898)	(16,043)
Proceeds from (payments on) interest rate swap settlements		(59,555)	0	0
Loss (gain) on loss of control of subsidiary		0	(65,485)	0
Distributions by unconsolidated entities		19,516	11,623	12,462
Increase (decrease) in accrued expenses and other liabilities		26,541	(79,801)	50,857
Decrease (increase) in receivables and other assets		(68,579)	3,390	(191,437)
Net cash provided from (used in) operating activities		2,256,421	1,601,861	1,328,708
Investing activities:
Cash disbursed for acquisitions, net of cash acquired		(3,525,449)	(3,558,266)	(2,306,020)
Cash disbursed for capital improvements to existing properties		(857,546)	(517,682)	(476,016)
Cash disbursed for construction in progress		(827,900)	(1,014,935)	(631,737)
Capitalized interest		(58,115)	(50,699)	(30,491)
Investment in loans receivable		(623,501)	(490,736)	(156,045)
Principal collected on loans receivable		294,409	90,215	196,310
Other investments, net of payments		(61,027)	(100,128)	(98,459)
Contributions to unconsolidated entities		(264,561)	(343,498)	(502,171)
Distributions by unconsolidated entities		52,391	149,753	37,571
Net proceeds from net investment hedge settlements		20,093	31,493	63,747
Proceeds from sales of real property		336,525	96,741	199,496
Net cash provided from (used in) investing activities		(5,514,681)	(5,707,742)	(3,703,815)
Financing activities:
Net increase (decrease) under unsecured credit facility and commercial paper				(324,935)
Net increase (decrease) under unsecured credit facility and commercial paper		0	0
Net carrying value included in senior unsecured notes		1,015,063	1,011,780	1,040,232
Payments to extinguish senior unsecured notes		(1,350,000)	0	0
Net proceeds from the issuance of secured debt		197,930	385,115	113,183
Payments on secured debt		(498,049)	(741,856)	(457,180)
Net proceeds from the issuance of common stock		7,415,778	6,010,129	3,667,854
Payments for deferred financing costs and prepayment penalties		(23,388)	(7,220)	(5,062)
Contributions by noncontrolling interests	[1]	59,643	280,678	138,656
Distributions to noncontrolling interests	[1]	(301,029)	(216,273)	(272,414)
Cash distributions to stockholders		(1,545,275)	(1,260,578)	(1,131,527)
Other financing activities		(65,322)	(13,128)	(7,530)
Net cash provided from (used in) financing activities		4,905,351	5,448,647	2,761,277
Effect of foreign currency translation on cash and cash equivalents and restricted cash		(11,717)	11,025	(10,633)
Increase (decrease) in cash, cash equivalents and restricted cash		1,635,374	1,353,791	375,537
Cash, cash equivalents and restricted cash at beginning of period		2,076,083	722,292	346,755
Cash, cash equivalents and restricted cash at end of period		3,711,457	2,076,083	722,292
Supplemental cash flow information:
Interest paid		593,030	628,582	531,672
Income taxes paid (received), net		$ 8,415	$ 7,682	$ 3,435

[1] Includes amounts attributable to redeemable noncontrolling interests.