v3.25.4
Indebtedness - Schedule of Outstanding Indebtedness (Details)
$ in Thousands
 1 Months Ended 12 Months Ended
Jun. 30, 2025
property
Dec. 31, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
property
Debt Instrument [Line Items]      
Total principal balance   $ 4,214,036 $ 4,307,829
Interest rate (as a percent)   5.43% 5.51%
Net book value of collateral   $ 4,495,903 $ 4,620,037
Unamortized debt issuance costs   (20,842) (7,292)
Total indebtedness, net   $ 4,193,194 $ 4,300,537
Fixed rate loan, 4.31%, due in 2029 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   186 186
Total principal balance   $ 650,000 $ 650,000
Interest rate (as a percent)   4.31% 4.31%
Net book value of collateral   $ 489,987 $ 490,454
Fixed Rate Loan, 6.40%, due in 2030 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   101  
Total principal balance   $ 1,160,000  
Interest rate (as a percent) 6.40% 6.40%  
Net book value of collateral   $ 976,178  
Fixed rate loan, 4.42%, due in 2032 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   17 17
Total principal balance   $ 700,000 $ 700,000
Interest rate (as a percent)   4.42% 4.42%
Net book value of collateral   $ 481,374 $ 491,143
Floating Rate Loan, 5.87%, due in 2026 | Floating Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   82  
Total principal balance   $ 1,400,000  
Interest rate (as a percent)   5.87%  
Net book value of collateral   $ 1,749,546  
Fixed rate loan, 6.25% due in 2030 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   4 4
Total principal balance   $ 91,000 $ 91,000
Interest rate (as a percent)   6.25% 6.25%
Net book value of collateral   $ 173,992 $ 178,465
Fixed rate loan, 3.67% due in 2031 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 8,609 $ 10,020
Interest rate (as a percent)   3.67% 3.67%
Net book value of collateral   $ 28,492 $ 28,363
Fixed rate loan, 4.14%, due in 2032 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 10,302 $ 11,636
Interest rate (as a percent)   4.14% 4.14%
Net book value of collateral   $ 40,975 $ 42,242
Fixed rate loan, 4.02%, due in 2033 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 23,678 $ 26,200
Interest rate (as a percent)   4.02% 4.02%
Net book value of collateral   $ 80,094 $ 82,443
Fixed rate loan, 4.13%, due in 2033 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 33,209 $ 36,684
Interest rate (as a percent)   4.13% 4.13%
Net book value of collateral   $ 126,170 $ 127,960
Fixed rate loan, 3.10%, due in 2035 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 20,784 $ 22,637
Interest rate (as a percent)   3.10% 3.10%
Net book value of collateral   $ 43,871 $ 45,070
Fixed rate loan, 2.95%, due in 2036 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 33,817 $ 36,655
Interest rate (as a percent)   2.95% 2.95%
Net book value of collateral   $ 93,533 $ 96,321
Fixed rate loan, 4.27%, due in 2037 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 39,031 $ 41,491
Interest rate (as a percent)   4.27% 4.27%
Net book value of collateral   $ 104,474 $ 107,606
Fixed rate loan, 3.25%, due in 2038 | Fixed Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property   1 1
Total principal balance   $ 43,606 $ 46,506
Interest rate (as a percent)   3.25% 3.25%
Net book value of collateral   $ 107,217 $ 110,346
Floating Rate Loan, 6.71%, due in 2025 | Floating Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property 104   104
Total principal balance     $ 1,235,000
Interest rate (as a percent)     6.71%
Net book value of collateral     $ 1,017,228
Floating Rate Loan, 5.81%, due in 2025 | Floating Rate Loan      
Debt Instrument [Line Items]      
Number of properties used as collateral | property     82
Total principal balance     $ 1,400,000
Interest rate (as a percent)     5.81%
Net book value of collateral     $ 1,802,396