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Merger with Spirit Realty Capital, Inc - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands |  | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jan. 23, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Dec. 31, 2023
ASSETS |  |  |  |
Goodwill |  | $ 4,931,159 |  | $ 3,731,478
LIABILITIES |  |  |  |
Weighted average amortization period for acquired lease intangible assets |  | 8 years 6 months |  |
Weighted average amortization period for acquired lease intangible liabilities |  | 10 years |  |
Spirit Realty Capital, Inc. |  |  |  |
ASSETS |  |  |  |
Land |  | $ 1,852,222 |  |
Buildings and improvements |  | 4,955,085 |  |
Total real estate held for investment |  | 6,807,307 |  |
Real estate and lease intangibles held for sale |  | 34,067 |  |
Cash and cash equivalents |  | 93,683 |  |
Accounts receivable |  | 12,814 |  |
Lease intangible assets |  | 2,181,950 |  |
Goodwill | $ 1,200,000 | 1,199,681 |  |
Other assets |  | 172,791 |  |
Total assets acquired |  | 10,502,293 |  |
LIABILITIES |  |  |  |
Accounts payable and accrued expenses |  | 54,474 |  |
Lease intangible liabilities |  | 377,953 |  |
Other liabilities |  | 102,096 |  |
Total liabilities assumed |  | 4,316,009 |  |
Net assets acquired, at fair value |  | 6,186,284 |  |
Total purchase price |  | 6,186,284 |  |
Weighted average amortization period for acquired lease intangible assets | 10 years 9 months 18 days |  |  |
Gross contractual loans receivable |  | 53,900 |  |
Fair value of gross contractual loans receivable |  | 47,100 |  |
Weighted average amortization period for acquired lease intangible liabilities | 8 years 2 months 12 days |  |  |
Spirit Realty Capital, Inc. | Previously Reported |  |  |  |
ASSETS |  |  |  |
Land |  |  | $ 1,853,895 |
Buildings and improvements |  |  | 4,859,162 |
Total real estate held for investment |  |  | 6,713,057 |
Real estate and lease intangibles held for sale |  |  | 35,650 |
Cash and cash equivalents |  |  | 93,683 |
Accounts receivable |  |  | 12,959 |
Lease intangible assets |  |  | 2,214,615 |
Goodwill |  |  | 1,259,864 |
Other assets |  |  | 174,672 |
Total assets acquired |  |  | 10,504,500 |
LIABILITIES |  |  |  |
Accounts payable and accrued expenses |  |  | 56,407 |
Lease intangible liabilities |  |  | 378,369 |
Other liabilities |  |  | 101,954 |
Total liabilities assumed |  |  | 4,318,216 |
Net assets acquired, at fair value |  |  | 6,186,284 |
Total purchase price |  |  | 6,186,284 |
Spirit Realty Capital, Inc. | Measurement Period Adjustments |  |  |  |
ASSETS |  |  |  |
Land |  | (1,673) |  |
Buildings and improvements |  | 95,923 |  |
Total real estate held for investment |  | 94,250 |  |
Real estate and lease intangibles held for sale |  | (1,583) |  |
Cash and cash equivalents |  | 0 |  |
Accounts receivable |  | (145) |  |
Lease intangible assets |  | (32,665) |  |
Goodwill |  | (60,183) |  |
Other assets |  | (1,881) |  |
Total assets acquired |  | (2,207) |  |
LIABILITIES |  |  |  |
Accounts payable and accrued expenses |  | (1,933) |  |
Lease intangible liabilities |  | (416) |  |
Other liabilities |  | 142 |  |
Total liabilities assumed |  | (2,207) |  |
Net assets acquired, at fair value |  | 0 |  |
Total purchase price |  | 0 |  |
Spirit Realty Capital, Inc. | Term loans |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  | 1,300,000 |  |
Spirit Realty Capital, Inc. | Term loans | Previously Reported |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  |  | 1,300,000 |
Spirit Realty Capital, Inc. | Term loans | Measurement Period Adjustments |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  | 0 |  |
Spirit Realty Capital, Inc. | Notes payable |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  | 2,481,486 |  |
Spirit Realty Capital, Inc. | Notes payable | Previously Reported |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  |  | $ 2,481,486 |
Spirit Realty Capital, Inc. | Notes payable | Measurement Period Adjustments |  |  |  |
LIABILITIES |  |  |  |
Notes payable |  | $ 0 |  |

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