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Supplemental Detail for Certain Components of Consolidated Balance Sheets (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure Text Block Supplement [Abstract] |
Schedule of Accounts Receivable, Net |
A. | Accounts receivable, net, consist of the following at: | December 31, 2024 |  | December 31, 2023
| Straight-line rent receivables, net | $ | 694,844 |  |  | $ | 516,692 |
| Client receivables, net | 182,824 |  |  | 193,844 |
|  | $ | 877,668 |  |  | $ | 710,536 |
The following table presents information about our loans as of December 31, 2024 and December 31, 2023 (dollars in millions):
|  |  |  | December 31, 2024
|  | Maturity |  | Amortized Cost |  | Allowance |  | Carrying Amount (1)
Senior Secured Notes Receivable |  | October 2029 - November 2030 |  | $ | 797.2 |  |  | $ | (11.4) |  |  | $ | 785.8 |
Mortgage Loan |  | September 2038 |  | 33.5 |  |  | — |  |  | 33.5 |
Unsecured Loan |  | December 2026 |  | 10.2 |  |  | (0.9) |  |  | 9.3 |
Total |  |  |  | $ | 840.9 |  |  | $ | (12.3) |  |  | $ | 828.6 |
|  |  |  | December 31, 2023
|  | Maturity |  | Amortized Cost |  | Allowance |  | Carrying Amount (1)
Senior Secured Note Receivable |  | October 2029 |  | $ | 174.3 |  |  | $ | (2.5) |  |  | $ | 171.8 |
Mortgage Loan |  | September 2038 |  | 33.5 |  |  | — |  |  | 33.5 |
Total |  |  |  | $ | 207.8 |  |  | $ | (2.5) |  |  | $ | 205.3 |
(1) The total carrying amount of the investment in loans excludes accrued interest of $13.8 million and $3.4 million as of December 31, 2024 and 2023, respectively, which is recorded to 'Other assets, net' on our consolidated balance sheets. The following table presents information about our investments in sale-leaseback transactions accounted for as financing receivables in accordance with ASC 842, Leases as of December 31, 2024 and December 31, 2023 (dollars in millions):
|  |  | Carrying Value as of
| Maturity |  | December 31, 2024 |  | December 31, 2023
Financing receivables, net | 2028 - 2048 |  | $ | 1,609.0 |  |  | $ | 1,570.9 |
Total |  |  | $ | 1,609.0 |  | $ | 1,570.9
Schedule of Lease Intangible Assets, Net |
B. | Lease intangible assets, net, consist of the following at: | December 31, 2024 |  | December 31, 2023
| In-place leases | $ | 7,347,301 |  |  | $ | 5,500,404 |
| Above-market leases | 2,203,420 |  |  | 1,811,400 |
| Accumulated amortization of in-place leases | (2,487,302) |  |  | (1,746,377) |
| Accumulated amortization of above-market leases | (742,338) |  |  | (549,319) |
| Other items | 1,911 |  |  | 1,799 |
|  | $ | 6,322,992 |  |  | $ | 5,017,907 |
Schedule of Other Assets, Net |
C. | Other assets, net, consist of the following at: | December 31, 2024 |  | December 31, 2023
| Financing receivables, net | $ | 1,609,044 |  |  | $ | 1,570,943 |
| Loan receivable, net | 828,500 |  |  | 205,339 |
| Right of use asset - financing leases, net | 653,353 |  |  | 706,837 |
| Right of use asset - operating leases, net | 619,350 |  |  | 594,712 |
| Prepaid expenses | 63,499 |  |  | 33,252 |
| Value-added tax receivable | 48,075 |  |  | 100,672 |
| Derivative assets and receivables - at fair value | 47,165 |  |  | 21,170 |
| Restricted escrow deposits | 36,326 |  |  | 6,247 |
| Interest receivable | 16,071 |  |  | 6,139 |
| Impounds related to mortgages payable | 14,218 |  |  | 53,005 |
| Corporate assets, net | 12,763 |  |  | 12,948 |
| Credit facility origination costs, net | 7,331 |  |  | 12,264 |
| Investment in sales type lease | 6,138 |  |  | 6,056 |
| Non-refundable escrow deposits | 225 |  |  | 200 |
| Other items | 56,510 |  |  | 38,859 |
|  | $ | 4,018,568 |  |  | $ | 3,368,643 |
Schedule of Account Payable and Accrued Expenses |
D. | Accounts payable and accrued expenses consist of the following at: | December 31, 2024 |  | December 31, 2023
| Notes payable - interest payable | $ | 261,605 |  |  | $ | 218,811 |
| Property taxes payable | 92,440 |  |  | 78,809 |
| Accrued income taxes | 84,884 |  |  | 61,070 |
| Derivative liabilities and payables - at fair value | 81,524 |  |  | 119,620 |
| Accrued property expenses | 61,118 |  |  | 54,208 |
| Accrued costs on properties under development | 59,602 |  |  | 65,967 |
| Value-added tax payable | 26,829 |  |  | 64,885 |
| Mortgages, term loans, and credit line - interest payable | 4,584 |  |  | 8,580 |
| Accrued merger-related costs | 3,482 |  |  | 4,551 |
| Other items | 83,348 |  |  | 62,025 |
|  | $ | 759,416 |  |  | $ | 738,526 |
Schedule of Lease Intangible Liabilities, Net |
E. | Lease intangible liabilities, net, consist of the following at: | December 31, 2024 |  | December 31, 2023
| Below-market leases | $ | 2,119,200 |  |  | $ | 1,728,027 |
| Accumulated amortization of below-market leases | (483,430) |  |  | (321,174) |
|  | $ | 1,635,770 |  |  | $ | 1,406,853 |
Schedule of Other Liabilities |
F. | Other liabilities consist of the following at: | December 31, 2024 |  | December 31, 2023
| Lease liability - operating leases | $ | 452,956 |  |  | $ | 425,213 |
| Rent received in advance and other deferred revenue | 352,334 |  |  | 312,195 |
| Lease liability - financing leases | 77,190 |  |  | 44,345 |
| Security deposits | 35,594 |  |  | 28,250 |
| Other items | 5,054 |  |  | 1,647 |
|  | $ | 923,128 |  |  | $ | 811,650 |

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