XML 59 R46.htm IDEA: XBRL DOCUMENT v3.24.3
Assets and Liabilities Measured at Fair Value on a Recurring Basis - Schedule of fair value assets and liabilities measured on recurring basis using unobservable inputs (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total realized and unrealized (losses) gains included in changes in net assets $ (244.6) $ (821.6) $ (1,544.6) $ (3,189.5)
Real Estate Properties        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 16,614.9 19,191.3 18,020.3 20,444.0
Total realized and unrealized (losses) gains included in changes in net assets (170.2) (464.7) (1,154.8) (1,897.5)
Purchases 108.0 75.7 253.2 255.8
Sales (328.9)   (894.9)  
Settlements 0.0 0.0 0.0 0.0
Ending balance 16,223.8 18,802.3 16,223.8 18,802.3
Real Estate Joint Ventures        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 5,794.4 6,341.5 5,881.2 7,103.6
Total realized and unrealized (losses) gains included in changes in net assets (154.5) (278.1) (456.9) (1,006.3)
Purchases 85.2 88.2 311.2 179.6
Sales 0.0   0.0  
Settlements 0.0 (0.2) (10.4) (125.5)
Ending balance 5,725.1 6,151.4 5,725.1 6,151.4
Real Estate Operating Business        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 730.5 653.6 685.9 641.9
Total realized and unrealized (losses) gains included in changes in net assets 97.2 (3.5) 140.4 (8.2)
Purchases 69.9 0.0 71.3 16.4
Sales 0.0   0.0  
Settlements 0.0 0.0 0.0 0.0
Ending balance 897.6 650.1 897.6 650.1
Loans Receivable        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 1,077.3 1,365.5 1,183.7 1,488.6
Total realized and unrealized (losses) gains included in changes in net assets (46.1) (62.3) (159.9) (221.6)
Purchases 23.8 2.7 33.1 50.3
Sales 0.0   0.0  
Settlements (33.3) (0.2) (35.2) (11.6)
Ending balance 1,021.7 1,305.7 1,021.7 1,305.7
Total Level 3 Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 24,217.1 27,551.9 25,771.1 29,678.1
Total realized and unrealized (losses) gains included in changes in net assets (273.6) (808.6) (1,631.2) (3,133.6)
Purchases 286.9 166.6 668.8 502.1
Sales (328.9)   (894.9)  
Settlements (33.3) (0.4) (45.6) (137.1)
Ending balance 23,868.2 26,909.5 23,868.2 26,909.5
Loans Payable        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (1,707.3) (1,847.3) (1,862.5) (2,069.7)
Total realized and unrealized (losses) gains included in changes in net assets 3.7 (16.3) (14.2) (39.0)
Purchases (58.3) (213.5) (60.9) (313.6)
Sales 0.0   0.0  
Settlements 20.3 214.5 196.0 559.7
Ending balance (1,741.6) (1,862.6) (1,741.6) (1,862.6)
Line of Credit        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (153.0) 0.0 (463.0) 0.0
Total realized and unrealized (losses) gains included in changes in net assets 0.0 0.0 0.0 0.0
Purchases (72.0) (574.0) (193.0) (574.0)
Sales 0.0   0.0  
Settlements 153.0 64.0 584.0 64.0
Ending balance $ (72.0) (510.0) $ (72.0) (510.0)
Other Unsecured Debt        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance   (500.0)   (500.0)
Total realized and unrealized (losses) gains included in changes in net assets   0.0   0.0
Purchases   0.0   0.0
Settlements   500.0   500.0
Ending balance   $ 0.0   $ 0.0