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Secured Debt, Encumbers Real Estate Owned, Percent.

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Secured debt.

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Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense.

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Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Amount, after accumulated amortization, of debt discount.

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Amount, after accumulated amortization, of debt premium.

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Average fixed interest rate related to the group of interest rate derivatives.

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Nominal or face amount used to calculate payments on the derivative liability.

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Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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SECURED AND UNSECURED DEBT, NET - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2025	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024	Dec. 31, 2024	Jul. 31, 2022
Secured Debt
Percentage of secured debt which encumbers real estate owned based upon book value		13.00%		13.00%
Percentage of secured debt of real estate owned which is unencumbered		87.00%		87.00%
Payments on secured debt				$ 3,231	$ 41,596
Total Debt, net		$ 5,775,583		5,775,583		$ 5,826,965
Outstanding balances		5,789,781		5,789,781
All-in weighted average interest rate							1.43%
3.00% Medium-Term Notes due August 2031
Secured Debt
Outstanding balances		600,000		600,000
Interest rate risk		$ 250,000		$ 250,000
All-in weighted average interest rate		3.01%		3.01%
5.125% Medium-Term Note due September 2034
Secured Debt
All-in weighted average interest rate		4.95%		4.95%
Unsecured Debt
Secured Debt
Total Debt, net		$ 4,639,537		$ 4,639,537		4,687,634
Outstanding balances		4,650,215		4,650,215
Secured Debt
Secured Debt
Total Debt, net		1,136,046		1,136,046		1,139,331
Outstanding balances		$ 1,139,566		$ 1,139,566
Fixed Rate Debt \| Mortgages loans \| Minimum
Secured Debt
Notes payable maximum interest rates range		2.62%		2.62%
Fixed Rate Debt \| Mortgages loans \| Maximum
Secured Debt
Notes payable maximum interest rates range		4.39%		4.39%
Fixed Rate Debt \| Mortgages loans \| Subsequent Event
Secured Debt
Payments on secured debt	$ 44,300
Fixed Rate Debt \| Unsecured Debt \| 2.95% Medium-Term Note due September 2026
Secured Debt
Outstanding balances		$ 300,000		$ 300,000		$ 300,000
Stated interest rate		2.95%		2.95%		2.95%
Fixed Rate Debt \| Unsecured Debt \| 3.50 Medium-Term Note due July 2027
Secured Debt
Total Debt, net		$ 299,859		$ 299,859		$ 299,824
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%
Unamortized discount		$ (141)		$ (141)		$ (176)
Fixed Rate Debt \| Unsecured Debt \| 4.40% Medium-Term Notes due January 2029
Secured Debt
Principal outstanding		300,000		300,000
Total Debt, net		$ 299,998		$ 299,998		$ 299,998
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%
Unamortized discount		$ (2)		$ (2)		$ (2)
Fixed Rate Debt \| Unsecured Debt \| 3.20% Medium-Term Notes due January 2030
Secured Debt
Total Debt, net		$ 606,235		$ 606,235		$ 606,921
Stated interest rate		3.20%		3.20%		3.20%
All-in weighted average interest rate		3.32%		3.32%
Unamortized net premium		$ 6,235		$ 6,235		$ 6,921
Fixed Rate Debt \| Unsecured Debt \| 3.00% Medium-Term Notes due August 2031
Secured Debt
Total Debt, net		$ 607,317		$ 607,317		$ 607,914
Stated interest rate		3.00%		3.00%		3.00%
Unamortized net premium		$ 7,317		$ 7,317		$ 7,914
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 \| Secured Debt
Secured Debt
Total Debt, net		$ 1,109,093		$ 1,109,093		1,112,369
Fixed Rate Debt \| Secured Debt \| Mortgages loans
Secured Debt
Outstanding balances		1,112,566		1,112,566		1,115,798
Fixed Rate Debt \| Secured Debt \| 5.125% Medium-Term Note due September 2034
Secured Debt
Total Debt, net		$ 297,199		$ 297,199		$ 297,046
Stated interest rate		5.125%		5.125%		5.125%
Unamortized discount		$ (2,801)		$ (2,801)		$ (2,954)
Fixed Rate Debt \| Debt Assumed As Part of Acquisition \| Mortgages loans
Secured Debt
Amortization of debt discount (Premium)		300	$ 400	500	$ 800
Unamortized net premium						200
Fixed Rate Debt \| Debt Assumed As Part of Acquisition \| Mortgages loans \| Maximum
Secured Debt
Unamortized discount		(300)		(300)
Variable Rate Debt \| Secured Debt
Secured Debt
Total Debt, net		26,953		26,953		26,962
Variable Rate Debt \| Secured Debt \| Tax-exempt secured notes payable
Secured Debt
Outstanding balances		27,000		27,000		$ 27,000
Variable Rate Debt \| Tax-exempt secured notes payable \| Mortgages loans
Secured Debt
Principal outstanding		$ 27,000		$ 27,000
Variable Rate Debt \| Tax-exempt secured notes payable \| Mortgages loans
Secured Debt
Notes payable maximum interest rates range		3.02%		3.02%