CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues:
Resident fees and services		$ 1,971,044	$ 1,393,473	$ 3,835,574	$ 2,753,747
Rental income		483,040	335,811	944,607	753,463
Interest income		62,057	63,453	124,547	116,117
Other income		32,103	32,147	66,603	61,298
Total revenues		2,548,244	1,824,884	4,971,331	3,684,625
Expenses:
Property operating expenses		1,514,711	1,111,297	2,977,101	2,208,210
Depreciation and amortization		495,036	382,045	980,905	747,908
Interest expense		141,157	133,424	286,119	280,742
General and administrative expenses		64,175	55,565	127,933	108,883
Loss (gain) on derivatives and financial instruments, net		(409)	(5,825)	(3,619)	(8,879)
Loss (gain) on extinguishment of debt, net		0	1,705	6,156	1,711
Provision for loan losses, net		(1,113)	5,163	(3,120)	6,177
Impairment of assets		19,876	2,394	72,278	45,725
Other expenses		16,598	48,684	30,658	62,815
Total expenses		2,250,031	1,734,452	4,474,411	3,453,292
Income (loss) from continuing operations before income taxes and other items		298,213	90,432	496,920	231,333
Income tax (expense) benefit		(1,053)	(1,101)	4,466	(7,292)
Income (loss) from unconsolidated entities		(7,392)	4,896	(6,129)	(2,887)
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net		14,850	166,443	66,627	171,150
Income (loss) from continuing operations		304,618	260,670	561,884	392,304
Net income (loss)		304,618	260,670	561,884	392,304
Less: Net income (loss) attributable to noncontrolling interests	[1]	2,730	5,956	2,039	10,444
Net income (loss) attributable to common stockholders		$ 301,888	$ 254,714	$ 559,845	$ 381,860
Weighted average number of common shares outstanding:
Basic (in shares)		656,593	600,545	650,029	587,297
Diluted (in shares)		668,140	604,563	661,004	591,047
Basic:
Income (loss) from continuing operations (in dollars per share)		$ 0.46	$ 0.43	$ 0.86	$ 0.67
Net income (loss) attributable to common stockholders (in dollars per share)		0.46	0.42	0.86	0.65
Diluted:
Income (loss) from continuing operations (in dollars per share)		0.46	0.43	0.85	0.66
Net income (loss) attributable to common stockholders (in dollars per share)	[2]	0.45	0.42	0.85	0.65
Dividends declared and paid per common share (in dollars per share)		$ 0.67	$ 0.61	$ 1.34	$ 1.22
Net income (loss)		$ 304,618	$ 260,670	$ 561,884	$ 392,304
Other comprehensive income (loss):
Foreign currency translation gain (loss)		560,442	(28,340)	728,979	(114,170)
Derivative and financial instruments designated as hedges gain (loss)		(413,839)	9,096	(532,130)	69,711
Total other comprehensive income (loss)		146,603	(19,244)	196,849	(44,459)
Total comprehensive income (loss)		451,221	241,426	758,733	347,845
Less: Total comprehensive income (loss) attributable to noncontrolling interests	[3]	5,711	5,258	5,082	2,208
Total comprehensive income (loss) attributable to common stockholders		$ 445,510	$ 236,168	$ 753,651	$ 345,637

[1] Includes amounts attributable to redeemable noncontrolling interests.

[2] Includes adjustment to the numerator for income (loss) attributable to OP Units and DownREIT Units.

[3] (1) Includes amounts attributable to redeemable noncontrolling interests.