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v3.24.0.1

Derivative Instruments and Hedging Activities (Details) | 1 Months Ended | 12 Months Ended
--- | --- | ---
Apr. 30, 2023 USD ($) | Sep. 30, 2022 USD ($) interest_rate_swap extension_option | Dec. 31, 2023 USD ($) instrument | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($)
Derivative [Line Items] |  |  |  |  |
Number of interest rate swaps | interest_rate_swap |  | 1 |  |  |
Debt instrument face amount |  |  | $ 5,050,000,000 | $ 5,350,000,000 |
Hedge ineffectiveness related to cash flow hedges |  |  | (13,364,000) | 54,158,000 | $ 9,170,000
Total return swap income |  |  | 3,148,000 | 7,907,000 | 10,774,000
Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Hedge ineffectiveness related to cash flow hedges |  |  | 0 | 0 | 0
Not Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Total return swap income |  |  | 3,100,000 | 7,900,000 | $ 10,800,000
Interest Rate Swap | Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Derivative fair value |  |  | 4,300,000 | 5,600,000 |
Interest Rate Cap | Not Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Derivative notional amount |  |  | $ 0 | 0 |
Total Return Swap Callable | Not Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Number of derivative instruments held | instrument |  |  | 4 |  |
Total Return Swap | Not Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Derivative fair value |  |  | $ 0 | 0 |
Unsecured Debt |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Debt instrument face amount |  |  | 300,000,000 | $ 0 |
Proceeds from issuance of unsecured debt | $ 300,000,000 |  |  |  |
Term Loan |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Number of extension options | extension_option |  | 3 |  |  |
Extension period |  | 12 months |  |  |
Variable Rate Mortgage Notes Payable |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Derivative notional amount |  |  | 222,700,000 |  |
Bond subject to interest rate caps |  |  | 222,700,000 |  |
Fixed rate mortgage notes payable | Total Return Swap Callable | Not Designated as Hedging Instrument |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Derivative notional amount |  |  | $ 222,700,000 |  |
Unsecured Bonds 0.850% |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Debt instrument face amount |  | $ 300,000,000 |  |  |
Unsecured Bonds 0.850% | Adjusted SOFR |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Basis spread on rate | 0.85% |  |  |  |
Coupon rate |  | 4.20% |  |  |

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