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Segment Reporting - Summary Information for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
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
Property operating expenses 1,577,048 1,212,701 4,554,149 3,420,911
Consolidated net operating income (loss) 1,108,644 842,962 3,102,874 2,319,377
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
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
Seniors Housing Operating        
Segment Reporting Information [Line Items]        
Rental income       589,289 417,490
Operating Segments | Seniors Housing Operating        
Segment Reporting Information [Line Items]        
Resident fees and services 2,061,370 1,511,524 5,896,944 4,265,271
Rental income   0 0 0 0
Interest income 0 0 0 0
Other income 8,745 2,498 16,774 5,861
Total revenues 2,070,115 1,514,022 5,913,718 4,271,132
Property operating expenses 1,499,215 1,135,887 4,322,176 3,190,140
Consolidated net operating income (loss) 570,900 378,135 1,591,542 1,080,992
Operating Segments | Triple-net        
Segment Reporting Information [Line Items]        
Resident fees and services 0 0 0 0
Rental income   286,353 227,531 812,435 590,426
Interest income 0 0 2,111 0
Other income 284 1,118 875 3,248
Total revenues 286,637 228,649 815,421 593,674
Property operating expenses 8,227 9,345 25,697 30,657
Consolidated net operating income (loss) 278,410 219,304 789,724 563,017
Operating Segments | Outpatient Medical        
Segment Reporting Information [Line Items]        
Resident fees and services 0 0 0 0
Rental income   213,122 202,955 631,647 593,523
Interest income 0 0 0 0
Other income 2,050 2,040 6,352 7,019
Total revenues 215,172 204,995 637,999 600,542
Property operating expenses 63,319 62,778 190,759 186,426
Consolidated net operating income (loss) 151,853 142,217 447,240 414,116
Non-segment/Corporate        
Segment Reporting Information [Line Items]        
Resident fees and services 0 0 0 0
Rental income   0 0 0 0
Interest income 67,216 69,046 189,652 185,163
Other income 46,552 38,951 100,233 89,777
Total revenues 113,768 107,997 289,885 274,940
Property operating expenses 6,287 4,691 15,517 13,688
Consolidated net operating income (loss) $ 107,481 $ 103,306 $ 274,368 $ 261,252