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Investments in Real Estate - Acquisitions (Details) - 9 months ended Sep. 30, 2023 ft² in Thousands, € in Millions, £ in Millions, $ in Millions | USD ($) ft² property | GBP (£) ft² property | EUR (€) ft² property
--- | --- | --- | ---
Real Estate [Line Items] |  |  |
Number of properties | 1,187 | 1,187 | 1,187
Leasable square feet (sq ft) | ft² | 30,607 | 30,607 | 30,607
Investment | $ | $ 6,810.5 |  |
Weighted average lease term (years) | 15 years 9 months 18 days | 15 years 9 months 18 days | 15 years 9 months 18 days
Initial weighted average cash lease yield (percent) | 6.90% | 6.90% | 6.90%
Settlement credits as reimbursement for acquired rent free period | $ | $ 3.7 |  |
Rental revenue generated from acquisitions from investment grade tenants (as a percent) | 25.00% | 25.00% | 25.00%
Retail |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 89.70% | 89.70% | 89.70%
Industrial |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 10.00% | 10.00% | 10.00%
Other Property |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 0.30% | 0.30% | 0.30%
New properties |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | 882 | 882 | 882
Leasable square feet (sq ft) | ft² | 23,338 | 23,338 | 23,338
Investment | $ | $ 5,900.5 |  |
Weighted average lease term (years) | 15 years 9 months 18 days | 15 years 9 months 18 days | 15 years 9 months 18 days
Initial weighted average cash lease yield (percent) | 7.00% | 7.00% | 7.00%
New properties | UNITED STATES |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | 802 | 802 | 802
Leasable square feet (sq ft) | ft² | 14,730 | 14,730 | 14,730
Investment | $ | $ 3,708.9 |  |
Weighted average lease term (years) | 15 years 10 months 24 days | 15 years 10 months 24 days | 15 years 10 months 24 days
Initial weighted average cash lease yield (percent) | 6.90% | 6.90% | 6.90%
New properties | Europe (UK) |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | 80 | 80 | 80
Leasable square feet (sq ft) | ft² | 8,608 | 8,608 | 8,608
Investment | $ | $ 2,191.6 |  |
Weighted average lease term (years) | 15 years 7 months 6 days | 15 years 7 months 6 days | 15 years 7 months 6 days
Initial weighted average cash lease yield (percent) | 7.10% | 7.10% | 7.10%
Properties under development |  |  |
Real Estate [Line Items] |  |  |
Number of properties, under development | 305 | 305 | 305
Leasable square feet (sq ft) | ft² | 7,269 | 7,269 | 7,269
Investment | $ | $ 910.0 |  |
Weighted average lease term (years) | 16 years 2 months 12 days | 16 years 2 months 12 days | 16 years 2 months 12 days
Initial weighted average cash lease yield (percent) | 6.70% | 6.70% | 6.70%
Properties under development | UNITED KINGDOM |  |  |
Real Estate [Line Items] |  |  |
Number of properties, under development | 4 | 4 | 4
Investment | £ |  | £ 32.6 |
Properties under development | Spain |  |  |
Real Estate [Line Items] |  |  |
Number of properties, under development | 2 | 2 | 2
Investment | € |  |  | € 25.9

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