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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net income $ 117,040 $ 96,501
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 135,793 114,693
Amortization from above (below) market lease intangibles, net 21,912 17,083
Amortization from financing costs, credit facility costs and debt discount 4,227 3,482
Stock-based compensation 7,309 6,388
Straight-line accrued rent (9,525) (7,798)
Provision for impairment 7,300 7,292
Settlement of interest rate swaps 0 13,551
Gain on sale of assets (3,711) (2,282)
Gain on involuntary conversion (1,039) 0
Change in accounts receivable 326 6,097
Change in other assets (9,131) (14,350)
Change in accounts payable, accrued expenses, and other liabilities 5,625 5,645
Net Cash Provided by Operating Activities 276,126 246,302
Cash Flows from Investing Activities    
Acquisition of real estate investments and other assets (870,002) (685,993)
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,148 in 2026, $939 in 2025) (83,008) (47,680)
Net proceeds from involuntary conversion 1,949 0
Payment of leasing costs (868) (297)
Net proceeds from sale of assets 38,923 8,158
Net Cash Used in Investing Activities (913,006) (725,812)
Cash Flows from Financing Activities    
Proceeds from common stock offerings, net 312,872 224,195
Repurchase of common shares (6,068) (3,654)
Unsecured revolving credit facility and commercial paper notes borrowings 42,941,439 6,351,250
Unsecured revolving credit facility and commercial paper notes repayments (42,764,939) (6,262,250)
Payments of mortgage notes payable (537) (505)
Proceeds from senior unsecured notes 0 397,188
Payments of senior unsecured notes 0 (50,000)
Proceeds from unsecured term loans 350,000 0
Payment of Series A preferred dividends (3,718) (3,718)
Payment of common stock dividends (190,532) (166,030)
Distributions to non-controlling interest (551) (531)
Payments for financing costs (518) (3,923)
Net Cash Provided by Financing Activities 637,448 482,022
Change in Cash and Cash Equivalents and Cash Held in Escrow 568 2,512
Cash and cash equivalents and cash held in escrow, beginning of period 20,622 6,399
Cash and cash equivalents and cash held in escrow, end of period 21,190 8,911
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest (net of amounts capitalized) 69,292 59,325
Cash paid for income and other tax, net of refunds 1,041 2,591
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Lease right of use assets added under new ground leases 963 1,767
Lease right of use assets removed as a result of acquisition of real property 0 2,736
Dividends and distributions payable 33,922  
Change in accrual of development, construction and other real estate investment costs (5,757) 7,721
Series A Preferred Stock    
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Dividends and distributions payable 620 620
Common Stock    
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Dividends and distributions payable $ 33,302 $ 28,419