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Schedule III - Real Estate and Accumulated Depreciation - Activity in Real Estate Facilities (Details) - USD ($) | 12 Months Ended
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Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Real estate, gross: |  |  |
Balance at end of year | $ 27,926,763,000 |  |
Accumulated depreciation: |  |  |
Balance at end of year | 3,339,136,000 |  |
Net real estate assets: |  |  |
Net non-lease real estate assets (1) | 24,587,627,000 | $ 24,555,873,000 | $ 9,997,978,000
Aggregate cost of real estate for U.S. federal income tax purposes | 19,115,556,000 |  |
Operating facilities |  |  |
Real estate, gross: |  |  |
Balance at beginning of year | 27,061,533,000 | 12,084,025,000 | 10,643,722,000
Acquisitions | 590,044,000 | 14,715,285,000 | 1,390,463,000
Improvements | 200,333,000 | 175,932,000 | 95,282,000
Transfers from construction in progress | 148,702,000 | 87,485,000 | 70,565,000
Dispositions and other | (175,142,000) | (1,194,000) | (116,007,000)
Balance at end of year | 27,825,470,000 | 27,061,533,000 | 12,084,025,000
Accumulated depreciation: |  |  |
Balance at beginning of year | 2,624,405,000 | 2,138,395,000 | 1,868,321,000
Depreciation expense | 714,731,000 | 486,010,000 | 276,155,000
Dispositions and other | 0 | 0 | (6,081,000)
Balance at end of year | 3,339,136,000 | 2,624,405,000 | 2,138,395,000
Real estate under development/redevelopment |  |  |
Real estate, gross: |  |  |
Balance at beginning of year | 118,745,000 | 52,348,000 | 59,248,000
Current development | 131,249,000 | 153,920,000 | 63,597,000
Transfers from construction in progress | (148,701,000) | (87,523,000) | (70,565,000)
Dispositions and other | 0 | 0 | 68,000
Balance at end of year | $ 101,293,000 | $ 118,745,000 | $ 52,348,000

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- Definition Cost basis of real estate investments for federal income tax purposes for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 28 -Paragraph Column E -Footnote 6 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 970 -SubTopic 360 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column E)(Footnote 6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478979/970-360-S99-1 + Details
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- Definition Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 970 -SubTopic 360 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column E)(Footnote 4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478979/970-360-S99-1 + Details
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