XML 94 R46.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Leases - Lessor (Details)
$ in Thousands, ft² in Millions
3 Months Ended
Oct. 01, 2017
Mar. 31, 2024
USD ($)
ft²
landParcel
property
directFinancingLease
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Lessor, Lease, Description [Line Items]        
Area of real estate property | ft²   74.1    
Operating Lease        
Land parcel subject to lease agreement that contains a purchase option | landParcel   2    
Rent commence date Oct. 01, 2017      
Operating Leases, Future Minimum Payments Receivable        
2024   $ 1,447,841    
2025   1,871,023    
2026   1,803,392    
2027   1,740,053    
2028   1,606,401    
Thereafter   10,681,698    
Total   $ 19,150,408    
Direct Financing and Sales-Type Lease        
Number of direct financing leases | directFinancingLease   1    
Direct financing lease, net investment in lease, before allowance for credit loss   $ 40,300    
Direct financing lease, remaining lease term   68 years 8 months 12 days    
Lessee option to purchase underlying asset, option exercise period   30 days    
Direct financing lease, allowance for credit loss   $ 2,800    
Direct Financing Lease, Net Investment in Leases        
Gross investment in direct financing lease   252,850   $ 253,324
Less: unearned income on direct financing lease   (209,729)   (210,388)
Less: allowance for credit losses   (2,839)   (2,839)
Net investment in direct financing lease   40,282   40,097
Direct Financing and Sales-Type Leases, Future Minimum Payments Receivable        
2024   1,445    
2025   1,976    
2026   2,036    
2027   2,097    
2028   2,160    
Thereafter   243,136    
Total   252,850   $ 253,324
Income from rentals        
Operating leases   746,061 $ 677,422  
Direct financing and sales-type leases   659 648  
Revenues subject to the lease accounting standard   746,720 678,070  
Income from rentals   $ 769,108 700,795  
Purchase Option Term One        
Operating Lease        
Lessee option to purchase underlying asset, period after rent commencement   15 years    
Direct Financing and Sales-Type Lease        
Lessee option to purchase underlying asset, period after rent commencement   15 years    
Purchase Option Term Two        
Operating Lease        
Lessee option to purchase underlying asset, period after rent commencement   30 years    
Direct Financing and Sales-Type Lease        
Lessee option to purchase underlying asset, period after rent commencement   30 years    
Purchase Option Term Three        
Operating Lease        
Lessee option to purchase underlying asset, period after rent commencement   74 years 6 months    
Direct Financing and Sales-Type Lease        
Lessee option to purchase underlying asset, period after rent commencement   74 years 6 months    
Land parcels subject to lease agreement that contains a purchase option        
Operating Lease        
Remaining lease term   68 years 8 months 12 days    
North America        
Lessor, Lease, Description [Line Items]        
Number of real estate properties | property   410    
Area of real estate property | ft²   42.2    
Income from rentals        
Income from rentals        
Income from rentals   $ 755,551 687,949  
Income from rentals | Cumulative Effect, Period of Adoption, Adjustment        
Income from rentals        
Revenues subject to the revenue recognition accounting standard   $ 8,831 $ 9,879