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Commitments and Contingencies
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
At March 31, 2025, we had 19 outstanding letter of credit obligations totaling $41,828,000 and expiring between 2025 and 2026. At March 31, 2025, we had outstanding construction in progress of $1,045,160,000 and were committed to providing additional funds of approximately $467,649,000 to complete construction. Additionally, at March 31, 2025, we had outstanding investments classified as in substance real estate of $953,071,000 and were committed to provide additional funds of $87,835,000 (see Note 8 for additional information). Purchase obligations at March 31, 2025 also include $16,177,000 of contingent purchase obligations to fund capital improvements. Rents due from the tenants are increased to reflect the additional investment in the properties.