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Assets and Liabilities Measured at Fair Value on a Recurring Basis - Schedule of fair value assets and liabilities measured on recurring basis (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Real estate properties $ 17,082.1 $ 15,835.0
Marketable securities:    
Real estate-related [1] 724.7 825.7
Marketable securities excluding Real estate-related 1,347.3 4,150.2
Total investments (cost: $22,939.5 and $25,697.4) 27,376.6 29,899.0
Loans payable (2,605.6) (2,365.0)
Line of credit (190.0) (250.0)
Fair Value, Measurements, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Real estate properties 17,082.1 15,835.0
Real estate joint ventures 6,237.4 7,204.2
Real estate funds 354.1 311.8
Marketable securities:    
Real estate-related 724.7 825.7
Loans receivable 1,631.0 1,572.1
Total investments (cost: $22,939.5 and $25,697.4) 27,376.6 29,899.0
Loans payable (2,605.6) (2,365.0)
Line of credit (190.0) (250.0)
Fair Value, Measurements, Recurring | Government agency notes    
Marketable securities:    
Marketable securities excluding Real estate-related 62.9 259.6
Fair Value, Measurements, Recurring | United States Treasury securities    
Marketable securities:    
Marketable securities excluding Real estate-related 749.9 2,589.1
Fair Value, Measurements, Recurring | Corporate bonds    
Marketable securities:    
Marketable securities excluding Real estate-related 526.7 1,268.3
Fair Value, Measurements, Recurring | Municipal bonds    
Marketable securities:    
Marketable securities excluding Real estate-related 7.8 33.2
Fair Value, Measurements, Recurring | Level 1: Quoted Prices in Active Markets for Identical Assets    
Marketable securities:    
Real estate-related 724.7 825.7
Total investments (cost: $22,939.5 and $25,697.4) 724.7 825.7
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs    
Marketable securities:    
Total investments (cost: $22,939.5 and $25,697.4) 1,347.3 4,150.2
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs | Government agency notes    
Marketable securities:    
Marketable securities excluding Real estate-related 62.9 259.6
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs | United States Treasury securities    
Marketable securities:    
Marketable securities excluding Real estate-related 749.9 2,589.1
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs | Corporate bonds    
Marketable securities:    
Marketable securities excluding Real estate-related 526.7 1,268.3
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs | Municipal bonds    
Marketable securities:    
Marketable securities excluding Real estate-related 7.8 33.2
Fair Value, Measurements, Recurring | Level 3: Significant Unobservable Inputs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Real estate properties 17,082.1 15,835.0
Real estate joint ventures 6,237.4 7,204.2
Marketable securities:    
Loans receivable 1,631.0 1,572.1
Total investments (cost: $22,939.5 and $25,697.4) 24,950.5 24,611.3
Loans payable (2,605.6) (2,365.0)
Line of credit $ (190.0) $ (250.0)
[1] Includes securities loaned of $2.4 million at March 31, 2020 and $25.2 million at December 31, 2019.