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Segment Information - Schedule of Reconciliation of Revenues and Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]        
Net operating income $ 313,883 $ 292,502 $ 925,981 $ 875,787
Management and other fees from affiliates 2,563 2,785 7,849 8,328
Corporate-level property management expenses (12,150) (11,504) (36,004) (34,387)
Depreciation and amortization (146,439) (137,357) (431,785) (410,422)
General and administrative (29,067) (14,611) (67,374) (43,735)
Expensed acquisition and investment related costs 0 (31) (68) (375)
Casualty loss 0 0 0 (433)
Gain on sale of real estate and land 0 0 0 59,238
Interest expense (59,232) (54,161) (174,285) (157,806)
Total return swap income 807 690 2,232 2,544
Interest and other income 11,449 4,406 78,292 29,055
Equity income from co-investments 11,649 10,694 33,667 33,802
Tax benefit (expense) on unconsolidated co-investments 441 (404) 1,199 (1,237)
Gain on remeasurement of co-investment 31,583 0 169,909 0
Net income 125,487 93,009 509,613 360,359
Rental and Other Property Revenues        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total revenues 448,135 416,398 1,312,132 1,239,319
Management and other fees from affiliates        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Management and other fees from affiliates 2,563 2,785 7,849 8,328
Operating Segments | Southern California        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Net operating income 133,312 121,110 390,985 359,975
Operating Segments | Southern California | Rental and Other Property Revenues        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total revenues 188,959 172,139 551,565 508,873
Operating Segments | Northern California        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Net operating income 119,450 112,985 348,042 336,090
Operating Segments | Northern California | Rental and Other Property Revenues        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total revenues 172,163 162,104 501,042 480,431
Operating Segments | Seattle Metro        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Net operating income 52,090 49,612 154,996 149,894
Operating Segments | Seattle Metro | Rental and Other Property Revenues        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total revenues 74,576 70,630 220,271 210,885
Other real estate assets        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Net operating income 9,031 8,795 31,958 29,828
Other real estate assets | Rental and Other Property Revenues        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total revenues $ 12,437 $ 11,525 $ 39,254 $ 39,130