v3.26.1
Condensed Consolidated Statements of Noncontrolling Interests and Equity - USD ($)
$ in Thousands
Total
Redemption Of Units For Common Stock
Redemption Of Units For Cash
Preferred Operating Partnership
Preferred Operating Partnership
Redemption Of Units For Common Stock
Preferred Operating Partnership
Redemption Of Units For Cash
Operating Partnership
Operating Partnership
Redemption Of Units For Common Stock
Operating Partnership
Redemption Of Units For Cash
Other
Common Stock
Common Stock
Redemption Of Units For Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Redemption Of Units For Common Stock
Additional Paid-in Capital
Redemption Of Units For Cash
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2024 $ 14,859,362     $ 76,092     $ 823,898     $ 11,837 $ 2,120   $ 14,831,946     $ 12,806 $ (899,337)
Beginning balance (in shares) at Dec. 31, 2024                     211,995,510            
Increase (Decrease) in Stockholders' Equity                                  
Issuance of common stock for share based compensation and taxes paid upon net settlement (in shares)                     139,814            
Issuance of common stock for share based compensation and taxes paid upon net settlement 7,445                   $ 1   7,444        
Redemption of Operating Partnership units for stock   $ 0     $ (22,265)     $ (3,953)       $ 3   $ 26,215      
Redemption of Operating Partnership units for stock (in shares)                       185,808          
Redemption of Operating Partnership units for cash     $ (279)           $ (188)           $ (91)    
Issuance of Operating Partnership units in conjunction with acquisitions 5,878           5,878                    
Repurchase of common stock (in shares)                     (68,585)            
Repurchase of common stock (8,615)                   $ (1)           (8,614)
Purchase of remaining equity interest in existing unconsolidated joint venture (4,568)                       (4,568)        
Noncontrolling interest in consolidated joint ventures 406                 406              
Net income (loss) 547,641     1,446     25,603     (14)             520,606
Other comprehensive (loss) income (10,086)           (483)                 (9,603)  
Distributions to Operating Partnership units and other noncontrolling interests (32,010)     (1,446)     (30,501)     (63)              
Dividends paid on common stock (688,085)                               (688,085)
Ending balance at Jun. 30, 2025 14,677,089     53,827     820,254     12,166 $ 2,123   14,860,946     3,203 (1,075,430)
Ending balance (in shares) at Jun. 30, 2025                     212,252,547            
Beginning balance at Dec. 31, 2024 $ 14,859,362     76,092     823,898     11,837 $ 2,120   14,831,946     12,806 (899,337)
Beginning balance (in shares) at Dec. 31, 2024                     211,995,510            
Increase (Decrease) in Stockholders' Equity                                  
Repurchase of common stock (in shares) (1,158,244)                                
Ending balance at Dec. 31, 2025 $ 14,324,036     53,827     822,869     14,174 $ 2,112   14,880,646     (420) (1,449,172)
Ending balance (in shares) at Dec. 31, 2025 211,155,322                   211,155,322            
Beginning balance at Mar. 31, 2025 $ 14,778,503     53,827     826,352     11,537 $ 2,122   14,851,126     6,204 (972,665)
Beginning balance (in shares) at Mar. 31, 2025                     212,225,353            
Increase (Decrease) in Stockholders' Equity                                  
Issuance of common stock for share based compensation and taxes paid upon net settlement (in shares)                     65,301            
Issuance of common stock for share based compensation and taxes paid upon net settlement 7,045                   $ 1   7,044        
Redemption of Operating Partnership units for stock   $ 0           $ (2,868)       $ 1   $ 2,867      
Redemption of Operating Partnership units for stock (in shares)                       30,478          
Redemption of Operating Partnership units for cash     (279)           (188)           (91)    
Repurchase of common stock (in shares)                     (68,585)            
Repurchase of common stock (8,615)                   $ (1)           (8,614)
Noncontrolling interest in consolidated joint ventures 681                 681              
Net income (loss) 262,716     723     12,268     (6)             249,731
Other comprehensive (loss) income (3,149)           (148)                 (3,001)  
Distributions to Operating Partnership units and other noncontrolling interests (15,931)     (723)     (15,162)     (46)              
Dividends paid on common stock (343,882)                               (343,882)
Ending balance at Jun. 30, 2025 14,677,089     53,827     820,254     12,166 $ 2,123   14,860,946     3,203 (1,075,430)
Ending balance (in shares) at Jun. 30, 2025                     212,252,547            
Beginning balance at Dec. 31, 2025 $ 14,324,036     53,827     822,869     14,174 $ 2,112   14,880,646     (420) (1,449,172)
Beginning balance (in shares) at Dec. 31, 2025 211,155,322                   211,155,322            
Increase (Decrease) in Stockholders' Equity                                  
Issuance of common stock for share based compensation and taxes paid upon net settlement (in shares)                     128,863            
Issuance of common stock for share based compensation and taxes paid upon net settlement $ 9,250                   $ 1   9,249        
Redemption of Operating Partnership units for cash     (13,655)     $ (6,000)     (4,984)           (2,671)    
Repayment of receivable with Operating Partnership units pledged as collateral $ 50,000           50,000                    
Repurchase of common stock (in shares) (11,109)                   (11,109)            
Repurchase of common stock $ (1,443)                               (1,443)
Purchase of remaining equity interest in existing unconsolidated joint venture (5,304)                 (4,916)     (388)        
Noncontrolling interest in consolidated joint ventures 2,035                 2,035              
Net income (loss) 528,299     1,347     22,446     58             504,448
Other comprehensive (loss) income 244           5                 239  
Distributions to Operating Partnership units and other noncontrolling interests (31,422)     (1,347)     (30,472)     397              
Dividends paid on common stock (684,706)                               (684,706)
Ending balance at Jun. 30, 2026 $ 14,177,334     47,827     859,864     11,748 $ 2,113   14,886,836     (181) (1,630,873)
Ending balance (in shares) at Jun. 30, 2026 211,273,076                   211,273,076            
Beginning balance at Mar. 31, 2026 $ 14,212,502     47,827     817,296     14,899 $ 2,112   14,882,445     314 (1,552,391)
Beginning balance (in shares) at Mar. 31, 2026                     211,197,111            
Increase (Decrease) in Stockholders' Equity                                  
Issuance of common stock for share based compensation and taxes paid upon net settlement (in shares)                     75,965            
Issuance of common stock for share based compensation and taxes paid upon net settlement 6,875                   $ 1   6,874        
Redemption of Operating Partnership units for cash     $ (5,999)           $ (3,904)           $ (2,095)    
Repayment of receivable with Operating Partnership units pledged as collateral 50,000           50,000                    
Purchase of remaining equity interest in existing unconsolidated joint venture (5,304)                 (4,916)     (388)        
Noncontrolling interest in consolidated joint ventures 1,272                 1,272              
Net income (loss) 275,879     674     11,706     28             263,471
Other comprehensive (loss) income (520)           (25)                 (495)  
Distributions to Operating Partnership units and other noncontrolling interests (15,418)     (674)     (15,209)     465              
Dividends paid on common stock (341,953)                               (341,953)
Ending balance at Jun. 30, 2026 $ 14,177,334     $ 47,827     $ 859,864     $ 11,748 $ 2,113   $ 14,886,836     $ (181) $ (1,630,873)
Ending balance (in shares) at Jun. 30, 2026 211,273,076                   211,273,076