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Fair Value of Financial Instruments - Schedule of Level 3 Instruments at Fair Value (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Assets          
Foreign currency exchange gains $ 39.4 $ (2.8) $ 48.1 $ (1.7)  
Liabilities          
Investment property, net 10,733.1   10,733.1   $ 10,865.1
Transfers Accounted for as Secured Borrowings, Associated Liabilities          
Liabilities          
Beginning balance 49.3 56.1 51.2 55.8  
Ending balance 46.6 54.3 46.6 54.3  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Contingent Consideration Liability          
Liabilities          
Beginning balance 0.8 11.3 11.3 11.3  
Ending balance 0.0 11.3 0.0 11.3  
Realized losses 0.0 0.0 0.0 0.0  
Purchases and issuances 0.0 0.0 0.0 0.0  
Other adjustments 1.5 0.0      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted for as Secured Borrowings, Associated Liabilities          
Liabilities          
Realized losses (0.5) 0.0 (0.5) 1.6  
Purchases and issuances 0.0 0.4 0.0 0.4  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Other Adjustments 0.0 0.0      
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements (2.2) (2.2) (4.1) (3.5)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Sales and settlements | Contingent Consideration Liability          
Liabilities          
Purchases and issuances 0.0 0.0 (9.0)    
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Dispositions of properties | Contingent Consideration Liability          
Liabilities          
Purchases and issuances (2.3) 0.0 (2.3)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Dispositions of properties | Transfers Accounted for as Secured Borrowings, Associated Liabilities          
Liabilities          
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements 0.0 0.0 0.0    
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net          
Assets          
Beginning balance 105.6 38.3 93.9 19.6  
Foreign currency exchange gains 0.0 0.0 0.0 0.0  
Ending balance 116.3 54.5 116.3 54.5  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | Realized gains / (losses)          
Assets          
Changes to fair value (1.4) (0.4) (1.6) (0.4)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | Purchases and issuances          
Assets          
Changes to fair value 14.3 18.0 27.7 37.4  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | Sales and settlements          
Assets          
Changes to fair value (2.2) (1.2) (3.7) (1.9)  
Liabilities          
Purchases and issuances       0.0  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | Dispositions of properties          
Assets          
Changes to fair value 0.0 (0.2) 0.0 (0.2)  
Liabilities          
Purchases and issuances       0.0  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes receivable from real estate developers and operators | Dispositions of properties          
Assets          
Changes to fair value 0.0 0.0      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators          
Assets          
Beginning balance 89.5 127.7 148.5 134.5  
Foreign currency exchange gains 2.1 0.0 2.2 (0.1)  
Ending balance 93.1 131.3 93.1 131.3  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators | Realized gains / (losses)          
Assets          
Changes to fair value 0.0 0.0 0.0 (0.7)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators | Purchases and issuances          
Assets          
Changes to fair value 2.5 4.2 4.1 9.2  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators | Sales and settlements          
Assets          
Changes to fair value (1.0) (0.6) (61.7) (11.6)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators | Dispositions of properties          
Assets          
Changes to fair value     0.0 0.0  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted For As Secured Borrowings, Asset          
Assets          
Beginning balance 49.3     56.5  
Foreign currency exchange gains 0.0 0.0      
Ending balance 46.6 54.3 46.6 54.3  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted For As Secured Borrowings, Asset | Realized gains / (losses)          
Assets          
Changes to fair value (0.5) 0.0      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted For As Secured Borrowings, Asset | Purchases and issuances          
Assets          
Changes to fair value 0.0 0.0      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted For As Secured Borrowings, Asset | Sales and settlements          
Assets          
Changes to fair value (1.9) (2.2)      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Transfers Accounted For As Secured Borrowings, Asset | Dispositions of properties          
Assets          
Changes to fair value (0.3) 0.0      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Receivables, net          
Assets          
Beginning balance     51.2 56.2  
Foreign currency exchange gains     0.0 0.0  
Ending balance $ 46.6 $ 54.3 46.6 54.3  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Receivables, net | Realized gains / (losses)          
Assets          
Changes to fair value     (0.5) 1.6  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Receivables, net | Purchases and issuances          
Assets          
Changes to fair value     0.0 0.0  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Receivables, net | Sales and settlements          
Assets          
Changes to fair value     (3.1) (3.5)  
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Receivables, net | Dispositions of properties          
Assets          
Changes to fair value     $ (1.0) $ 0.0