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Noncontrolling Interests (Tables) | 12 Months Ended
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Dec. 31, 2024
Noncontrolling Interest [Abstract] |
Schedule of the Change in the Carrying Value of all Noncontrolling Interests | The following table represents the change in the carrying value of all noncontrolling interests through December 31, 2024 (in thousands):
| Realty Income, L.P. units (1) |  | Other Noncontrolling Interests |  | Total |  |
Carrying value at December 31, 2022 | $ | 115,801 |  |  | $ | 14,339 |  |  | $ | 130,140 |  |  |
Contributions | — |  |  | 40,097 |  |  | 40,097 |  |  |
Distributions | (5,663) |  |  | (3,677) |  |  | (9,340) |  |  |
Allocation of net income | 3,934 |  |  | 671 |  |  | 4,605 |  |  |
Carrying value at December 31, 2023 | $ | 114,072 |  |  | $ | 51,430 |  |  | $ | 165,502 |  |  |
Contributions | — |  |  | 2,022 |  |  | 2,022 |  |  |
Distributions | (6,810) |  |  | (3,588) |  |  | (10,398) |  |  |
Allocation of net income | 5,898 |  |  | 671 |  |  | 6,569 |  |  |
Issuance of common partnership units | 54,643 |  |  | (7,390) |  |  | 47,253 |  |  |
Carrying value at December 31, 2024 | $ | 167,803 |  |  | $ | 43,145 |  |  | $ | 210,948 |  |  |
(1) 2,681,808 units were outstanding as of December 31, 2024 and 1,795,167 units were outstanding as of December 31, 2023 and 2022.

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