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Variable Interest Entities ("VIE") - Summary of Restricted Assets and VIE Liabilities (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
Property
Dec. 31, 2023
USD ($)
Property
Variable Interest Entity [Line Items]    
Real estate, net $ 16,810,333 $ 15,094,925
Cash, cash equivalents and restricted cash 689,731 783,757
Cash and cash equivalents 688,622 780,518
Accounts and notes receivable, net 340,469 307,617
Other assets 578,569 241,948
Total assets [1] 20,309,896 18,274,022
Mortgages payable, net 496,438 353,945
Accounts payable and accrued expenses 281,867 216,237
Operating lease liabilities 117,199 [2] 109,985
Other liabilities 597,456 599,961
Total liabilities [3] $ 9,464,107 $ 8,548,287
Variable Interest Entity, Unencumbered [Member]    
Variable Interest Entity [Line Items]    
Number of consolidated VIEs | Property 27 28
Variable Interest Entity Encumbered By Third Party Non-Recourse Mortgage Debt [Member]    
Variable Interest Entity [Line Items]    
Number of consolidated VIEs | Property 2 2
Variable Interest Entity, Primary Beneficiary [Member]    
Variable Interest Entity [Line Items]    
Number of consolidated VIEs | Property 29 30
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Variable Interest Entity [Line Items]    
Real estate, net $ 326,100 $ 379,800
Cash, cash equivalents and restricted cash 4,100 3,900
Accounts and notes receivable, net 3,400 3,600
Other assets 1,300 1,300
Total assets 334,859 388,626
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Variable Interest Entity [Line Items]    
Mortgages payable, net 85,100 97,300
Accounts payable and accrued expenses 11,600 11,400
Operating lease liabilities 1,800 5,000
Other liabilities 63,100 67,200
Total liabilities $ 161,577 $ 180,855
[1] Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2024 and 2023 of $334,859 and $388,626, respectively. See Footnote 17 of the Notes to Consolidated Financial Statements.
[2] Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company’s Consolidated Balance Sheets.
[3] Includes non-recourse liabilities of consolidated VIEs at December 31, 2024 and 2023 of $161,577 and $180,855, respectively. See Footnote 17 of the Notes to Consolidated Financial Statements.