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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net income $ 219,176 $ 121,693
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 287,554 265,302
Gain on sales of real estate (392) 0
Equity in earnings of unconsolidated real estate joint ventures (155) (194)
Distributions of earnings from unconsolidated real estate joint ventures 884 285
Amortization of loan fees 4,142 3,639
Amortization of debt discounts 318 288
Amortization of acquired above- and below-market leases (30,340) (21,636)
Deferred rent (48,251) (33,191)
Stock compensation expense 17,125 16,486
Investment (income) loss (43,284) 45,111
Changes in operating assets and liabilities:    
Tenant receivables 731 (582)
Deferred leasing costs (23,970) (33,469)
Other assets (40,728) (25,422)
Accounts payable, accrued expenses, and other liabilities (1,653) (32,740)
Net cash provided by operating activities 341,157 305,570
Investing Activities    
Proceeds from sales of real estate 16,670 0
Additions to real estate (693,268) (873,366)
Purchases of real estate (194,002) (177,543)
Change in escrow deposits (1,008) 9,366
Investments in unconsolidated real estate joint ventures (3,224) (106)
Additions to non-real estate investments (60,572) (47,401)
Sales of and distributions from non-real estate investments 40,550 49,385
Net cash used in investing activities (894,854) (1,039,665)
Financing Activities    
Borrowings under secured notes payable 10,216 14,428
Proceeds from issuance of unsecured senior notes payable 998,806 996,205
Borrowings under unsecured senior line of credit 0 375,000
Repayments of borrowings under unsecured senior line of credit 0 (375,000)
Proceeds from issuances under commercial paper program 3,170,000 775,000
Repayments of borrowings under commercial paper program (3,270,000) (400,000)
Payments of loan fees (10,118) (9,989)
Taxes paid related to net settlement of equity awards (23,964) (7,854)
Dividends on common stock (221,824) (209,131)
Contributions from and sales of noncontrolling interests 82,853 79,337
Distributions to and purchases of noncontrolling interests (111,540) (63,186)
Net cash provided by financing activities 624,429 1,174,810
Effect of foreign exchange rate changes on cash and cash equivalents 192 (306)
Net increase in cash, cash equivalents, and restricted cash 70,924 440,409
Cash, cash equivalents, and restricted cash as of the beginning of period 660,771 857,975
Cash, cash equivalents, and restricted cash as of the end of period 731,695 1,298,384
Supplemental Disclosure and Non-Cash Investing and Financing Activities:    
Cash paid during the period for interest, net of interest capitalized 34,901 21,519
Accrued construction for current-period additions to real estate 318,041 419,029
Contribution of assets from and issuance of noncontrolling interest to real estate joint venture partner 103,547 33,250
Reallocation of additional paid-in-capital to consolidated joint venture partner’s non-controlling interest 30,185 0
Transfer of equipment and/or real estate assets from tenants $ 11,965 $ 0