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Debt - Narrative (Details) - USD ($)
1 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jul. 31, 2023
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Oct. 31, 2023
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Commercial paper, maximum aggregate amount outstanding $ 500,000,000       $ 500,000,000      
Repayment of unsecured debt         750,000,000 $ 100,000,000 $ 462,147,000  
Restricted cash 133,070,000       133,070,000 121,056,000 $ 123,537,000  
Total net real estate 19,372,848,000       $ 19,372,848,000 18,992,807,000    
Percentage of principle amount at which the entity may redeem some or all of the notes         100.00%      
Avalon Clinton North and Avalon Clinton South                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Restricted cash   $ 37,600,000            
Asset Pledged as Collateral | Notes Payable, Other Payables                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Total net real estate 1,284,650,000       $ 1,284,650,000      
Variable rate unsecured credit facility                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Available borrowing capacity $ 2,250,000,000       $ 2,250,000,000 $ 2,250,000,000    
Line of credit facility, commitment fee (as a percent)         0.12%      
Line of Credit Facility, Commitment Fee Percentage, Increase (Decrease)     0.005%          
Variable rate unsecured credit facility | Minimum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Line of credit facility, commitment fee (as a percent)         0.095%      
Variable rate unsecured credit facility | Maximum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Line of credit facility, commitment fee (as a percent)         0.295%      
Variable rate unsecured credit facility | Secured Overnight Financing Rate (SOFR)                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, effective interest rate (as a percent) 6.19%       6.19%      
Debt instrument, basis spread on variable rate (as a percent)         0.805%      
Debt Instrument, Basis Spread On Variable Rate, Increase (Decrease)     0.02%          
Variable rate unsecured credit facility | Secured Overnight Financing Rate (SOFR) | Minimum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         0.63%      
Variable rate unsecured credit facility | Secured Overnight Financing Rate (SOFR) | Maximum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         1.38%      
Variable rate unsecured credit facility | SOFR Adjustment                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         0.10%      
Variable rate unsecured credit facility | SOFR Base Rate                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         0.705%      
Unsecured notes | Minimum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         0.10%      
Unsecured notes | Maximum                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, basis spread on variable rate (as a percent)         0.30%      
Unsecured notes | Notes Payable 2.850 Maturities 2023                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Repayment of unsecured debt       $ 250,000,000        
Stated interest rate (as a percent)       2.85%        
Unsecured notes | Variable Rate Unsecured Term Loan $150 Million                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Repayment of unsecured debt   $ 150,000,000            
Unsecured notes | Notes Payable Maturities 2029                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Stated interest rate (as a percent) 3.30%       3.30%      
Unsecured notes | Unsecured Notes 5.300 Percent                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, effective interest rate (as a percent) 5.19%       5.19%      
Stated interest rate (as a percent) 5.30%       5.30%      
Unsecured notes | Notes Payable 4.200 Maturities 2023                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Repayment of unsecured debt $ 350,000,000              
Stated interest rate (as a percent) 4.20%       4.20%      
Secured notes | Notes Payable Maturities 2029                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Debt instrument, effective interest rate (as a percent)               5.97%
Stated interest rate (as a percent)               4.18%
Face amount, debt instrument               $ 63,041,000
Unsecured Notes 5.300 Percent                
Mortgage Notes Payable, Unsecured Notes and Credit Facility                
Face amount, debt instrument $ 400,000,000       $ 400,000,000      
Proceeds from issuance of debt $ 397,156,000