CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenues:
Resident fees and services		$ 2,061,370	$ 1,511,524	$ 5,896,944	$ 4,265,271
Rental income		499,475	430,486	1,444,082	1,183,949
Interest income		67,216	69,046	191,763	185,163
Other income		57,631	44,607	124,234	105,905
Total revenues		2,685,692	2,055,663	7,657,023	5,740,288
Expenses:
Property operating expenses		1,577,048	1,212,701	4,554,149	3,420,911
Depreciation and amortization		509,812	403,779	1,490,717	1,151,687
Interest expense		162,052	139,050	448,171	419,792
General and administrative expenses		63,124	77,901	191,057	186,784
Loss (gain) on derivatives and financial instruments, net		31,682	(9,906)	28,063	(18,785)
Loss (gain) on extinguishment of debt, net		0	419	6,156	2,130
Provision for loan losses, net		1,088	4,193	(2,032)	10,370
Impairment of assets		3,081	23,421	75,359	69,146
Other expenses		44,699	20,239	75,357	83,054
Total expenses		2,392,586	1,871,797	6,866,997	5,325,089
Income (loss) from continuing operations before income taxes and other items		293,106	183,866	790,026	415,199
Income tax (expense) benefit		(2,335)	4,706	2,131	(2,586)
Income (loss) from unconsolidated entities		(12,610)	(4,038)	(18,739)	(6,925)
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net		4,025	272,266	70,652	443,416
Income (loss) from continuing operations		282,186	456,800	844,070	849,104
Net income (loss)		282,186	456,800	844,070	849,104
Less: Net income (loss) attributable to noncontrolling interests	[1]	1,627	6,951	3,666	17,395
Net income (loss) attributable to common stockholders		$ 280,559	$ 449,849	$ 840,404	$ 831,709
Weighted average number of common shares outstanding:
Basic (in shares)		672,407	611,290	657,571	595,353
Diluted (in shares)		685,399	618,306	669,218	600,191
Basic:
Income (loss) from continuing operations (in dollars per share)		$ 0.42	$ 0.75	$ 1.28	$ 1.43
Net income (loss) attributable to common stockholders (in dollars per share)		0.42	0.74	1.28	1.40
Diluted:
Income (loss) from continuing operations (in dollars per share)		0.41	0.74	1.26	1.41
Net income (loss) attributable to common stockholders (in dollars per share)	[2]	0.41	0.73	1.26	1.39
Dividends declared and paid per common share (in dollars per share)		$ 0.74	$ 0.67	$ 2.08	$ 1.89
Net income (loss)		$ 282,186	$ 456,800	$ 844,070	$ 849,104
Other comprehensive income (loss):
Foreign currency translation gain (loss)		(207,037)	247,194	521,942	133,024
Derivative and financial instruments designated as hedges gain (loss)		154,461	(194,988)	(377,669)	(125,277)
Total other comprehensive income (loss)		(52,576)	52,206	144,273	7,747
Total comprehensive income (loss)		229,610	509,006	988,343	856,851
Less: Total comprehensive income (loss) attributable to noncontrolling interests	[3]	483	7,730	5,565	9,938
Total comprehensive income (loss) attributable to common stockholders		$ 229,127	$ 501,276	$ 982,778	$ 846,913

[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.