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Fair value measurements (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured at fair value on recurring basis

The following tables present our financial assets and liabilities that we measured at fair value on a recurring basis by level within the fair value hierarchy as of June 30, 2024 and December 31, 2023:

			June 30, 2024
			Total						Level 1						Level 2						Level 3
Assets
Derivative assets			$	143,460					$	—					$	143,460					$	—
Investments, at fair value			75,722						64,985						—						10,737
Liabilities
Derivative liabilities			$	9,866					$	—					$	9,866					$	—
			December 31, 2023
			Total						Level 1						Level 2						Level 3
Assets
Derivative assets			$	130,614					$	—					$	130,614					$	—
Investments, at fair value			84,130						72,540						—						11,590
Liabilities
Derivative liabilities			$	80,840					$	—					$	80,840					$	—

Schedule of carrying amounts and fair values of most significant financial instruments

The carrying amounts and fair values of our most significant financial instruments as of June 30, 2024 and December 31, 2023 were as follows:

			June 30, 2024
			Carrying value						Fair value						Level 1						Level 2						Level 3
Assets
Cash and cash equivalents			$	1,436,032					$	1,436,032					$	1,436,032					$	—					$	—
Restricted cash			176,203						176,203						176,203						—						—
Loans receivable			635,008						640,018						—						—						640,018
Notes receivable			607,530						607,530						—						—						607,530
Derivative assets			143,460						143,460						—						143,460						—
Investments, at fair value			75,722						75,722						64,985						—						10,737
			$	3,073,955					$	3,078,965					$	1,677,220					$	143,460					$	1,258,285
Liabilities
Debt			$	45,913,345		(a)			$	43,857,015					$	—					$	43,857,015					$	—
Derivative liabilities			9,866						9,866						—						9,866						—
			$	45,923,211					$	43,866,881					$	—					$	43,866,881					$	—

(a)Excludes debt issuance costs, debt discounts and debt premium.

			December 31, 2023
			Carrying value						Fair value						Level 1						Level 2						Level 3
Assets
Cash and cash equivalents			$	1,627,181					$	1,627,181					$	1,627,181					$	—					$	—
Restricted cash			198,285						198,285						198,285						—						—
Loans receivable			654,925						650,398						—						—						650,398
Notes receivable			663,644						663,644						—						—						663,644
Derivative assets			130,614						130,614						—						130,614						—
Investments, at fair value			84,130						84,130						72,540						—						11,590
			$	3,358,779					$	3,354,252					$	1,898,006					$	130,614					$	1,325,632
Liabilities
Debt			$	46,696,525		(a)			$	44,377,940					$	—					$	44,377,940					$	—
Derivative liabilities			80,840						80,840						—						80,840						—
			$	46,777,365					$	44,458,780					$	—					$	44,458,780					$	—

(a)Excludes debt issuance costs, debt discounts and debt premium.

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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