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SECURED AND UNSECURED DEBT, NET - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 28, 2021
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
property
loan
Jun. 30, 2020
USD ($)
Jan. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jul. 31, 2020
USD ($)
Feb. 29, 2020
Secured Debt                  
Secured debt amount which encumbers real estate owned based upon book value   $ 1,700,000   $ 1,700,000          
Percentage of secured debt which encumbers real estate owned based upon book value   12.60%   12.60%          
Secured debt amount of real estate owned which is unencumbered   $ 11,900,000   $ 11,900,000          
Percentage of secured debt of real estate owned which is unencumbered   87.40%   87.40%          
Long-term Debt   $ 5,447,279   $ 5,447,279          
Extinguishment of debt costs       40,769          
Unamortized net premium   29,200   29,200     $ 12,900    
300 Home Operating Community in Franklin                  
Secured Debt                  
Long-term Debt           $ 51,800      
Unamortized net premium           $ 6,600      
Unsecured Debt                  
Secured Debt                  
Long-term Debt   4,412,962   $ 4,412,962          
Basis points added to to variable rate       90.00%          
Secured Debt                  
Secured Debt                  
Long-term Debt   1,034,317   $ 1,034,317          
Fixed Rate Debt                  
Secured Debt                  
Number of mortgage loans payable assumed | loan       3          
Long-term Debt   183,300   $ 183,300          
Long term debt fair value   $ 201,300   $ 201,300          
Number of operating properties acquired | property       3          
Fixed Rate Debt | Mortgages Note Payable | Minimum                  
Secured Debt                  
Notes payable maximum interest rates range   2.62%   2.62%          
Fixed Rate Debt | Mortgages Note Payable | Maximum                  
Secured Debt                  
Notes payable maximum interest rates range   4.39%   4.39%          
Fixed Rate Debt | Unsecured Debt | 4.00% Medium-Term Note due October 2025                  
Secured Debt                  
Repayments of outstanding borrowing $ 300,000                
Stated interest rate 4.00% 4.00%   4.00%     4.00%    
Fixed Rate Debt | Unsecured Debt | 4.00% Medium-Term Note due October 2025 | Interest expense                  
Secured Debt                  
Extinguishment of debt costs $ 42,000                
Fixed Rate Debt | Unsecured Debt | 2.95% Medium-Term Note due September 2026                  
Secured Debt                  
Long-term Debt   $ 300,000   $ 300,000     $ 300,000    
Stated interest rate   2.95%   2.95%     2.95%    
Portion of medium term note subject to interest rate swaps   $ 100,000   $ 100,000          
All-in weighted average interest rate   2.89%   2.89%          
Fixed Rate Debt | Unsecured Debt | 3.50 Medium-Term Note due July 2027                  
Secured Debt                  
Stated interest rate   3.50%   3.50%     3.50%    
Portion of medium term note subject to interest rate swaps   $ 200,000   $ 200,000          
All-in weighted average interest rate   4.03%   4.03%          
Fixed Rate Debt | Unsecured Debt | 4.40% Medium-Term Notes due January 2029                  
Secured Debt                  
Principal outstanding               $ 300,000  
Stated interest rate   4.40%   4.40%     4.40%    
Portion of medium term note subject to interest rate swaps   $ 150,000   $ 150,000          
All-in weighted average interest rate   4.27%   4.27%          
Fixed Rate Debt | Unsecured Debt | 3.20% Medium-Term Notes due January 2030                  
Secured Debt                  
Stated interest rate   3.20%   3.20%     3.20%    
All-in weighted average interest rate                 3.32%
Fixed Rate Debt | Unsecured Debt | 3.00% Medium-Term Notes due August 2031                  
Secured Debt                  
Stated interest rate   3.00%   3.00%     3.00%    
All-in weighted average interest rate   3.01%   3.01%          
Debt   $ 150,000   $ 150,000          
Fixed Rate Debt | Unsecured Debt | 2.10% Medium Term Note Due August 2032                  
Secured Debt                  
Stated interest rate   2.10%   2.10%          
Fixed Rate Debt | Unsecured Debt | 2.10% Medium-Term Note due June 2033                  
Secured Debt                  
Stated interest rate 2.10% 2.10%   2.10%     2.10%    
Medium-term notes $ 300,000                
Percentage of principal amount at issuance 99.592                
Fixed Rate Debt | Unsecured Debt | 3.10% senior unsecured notes due 2034                  
Secured Debt                  
All-in weighted average interest rate   3.13%   3.13%          
Fixed Rate Debt | Unsecured Debt | 1.90% Medium-Term Notes due March 2033                  
Secured Debt                  
Stated interest rate   1.90%   1.90%     1.90%    
Fixed Rate Debt | Secured Debt                  
Secured Debt                  
Long-term Debt   $ 1,007,317   $ 1,007,317          
Fixed Rate Debt | Secured Debt | Mortgages Note Payable                  
Secured Debt                  
Long-term Debt   1,032,977   1,032,977     $ 835,215    
Fixed Rate Debt | Debt Assumed As Part of Acquisition | Mortgages Note Payable                  
Secured Debt                  
Amortization of debt discount (Premium)   1,000 $ 2,500 1,700 $ 5,100        
Variable Rate Debt | Secured Debt                  
Secured Debt                  
Long-term Debt   27,000   27,000          
Variable Rate Debt | Tax-exempt secured notes payable | Mortgages Note Payable                  
Secured Debt                  
Principal outstanding   $ 27,000   $ 27,000          
Variable Rate Debt | Tax-exempt secured notes payable | Mortgages Note Payable                  
Secured Debt                  
Notes payable maximum interest rates range   0.73%   0.73%