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Co-investments - Schedule of Financial Information for Co-Investments Accounted For Under the Equity Method (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Combined balance sheets:                
Total assets $ 13,150,241   $ 13,150,241     $ 12,927,359    
Debt 7,318,968   7,318,968     7,176,120    
Other liabilities 50,762   50,762     50,220    
Equity 5,801,527 $ 5,628,360 5,801,527 $ 5,628,360 $ 5,805,914 5,720,390 $ 5,654,500 $ 5,593,978
Total liabilities and equity 13,150,241   13,150,241     12,927,359    
Combined statements of income:                
Property revenues 473,303 450,698 1,407,719 1,319,981        
Net operating income 327,506 313,343 983,155 924,308        
Gain on sale of real estate 62,320 0 299,524 0        
Interest expense (64,660) (59,232) (192,654) (174,285)        
General and administrative (18,058) (29,067) (51,507) (67,374)        
Net income 172,724 125,487 617,028 509,613        
Related Party | Total co-investment                
Combined statements of income:                
Company’s share of net income 1,300 1,200 3,800 3,400        
Equity Method Investment, Nonconsolidated Investee or Group of Investees                
Combined balance sheets:                
Rental properties and real estate under development 3,522,699   3,522,699     4,094,826    
Other assets 188,891   188,891     277,420    
Total assets 3,711,590   3,711,590     4,372,246    
Debt 2,668,457   2,668,457     3,001,303    
Other liabilities 231,788   231,788     235,111    
Equity 811,345   811,345     1,135,832    
Total liabilities and equity 3,711,590   3,711,590     $ 4,372,246    
Combined statements of income:                
Property revenues 84,580 98,665 255,455 303,593        
Property operating expenses (32,008) (35,276) (95,864) (114,193)        
Net operating income 52,572 63,389 159,591 189,400        
Gain on sale of real estate 10,378 0 10,378 0        
Interest expense (26,565) (37,985) (82,003) (114,771)        
General and administrative (4,431) (1,449) (12,995) (16,137)        
Depreciation and amortization (35,052) (41,817) (107,863) (131,419)        
Net income (3,098) (17,862) (32,892) (72,927)        
Company’s share of net income $ 17,798 $ 11,649 $ 39,984 $ 33,667