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Lessee, Lease Cost and Other Information (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Lessee, Lease, Description [Line Items]      
Operating lease costs [1] $ 14,583 $ 14,451 $ 12,700
Amortization of right-of-use asset [2] 3,093 2,821 697
Interest on lease liabilities [3] $ 13,374 $ 13,747 $ 3,236
Finance leases under development 0 1 1
Operating leases under predevelopment or development 1 1 0
Operating Lease      
Lessee, Lease, Description [Line Items]      
Lessee - cancelable lease [4] 1 1  
Number of non-cancelable leases [4] 5 4  
Lease Expiration Date [4] Jul. 01, 2125 Jul. 01, 2125  
Operating leases, Weighted-average remaining lease term [4] 72 years 70 years  
Operating leases, Weighted-average discount rate [4] 6.50% 6.60%  
Finance Lease      
Lessee, Lease, Description [Line Items]      
Lessee - cancelable lease 0 0  
Number of non-cancelable leases 5 5  
Lease Expiration Date Nov. 01, 2094 Nov. 01, 2094  
Finance leases, Weighted-average remaining lease term 61 years 60 years  
Finance leases, Weighted-average discount rate 6.20% 6.10%  
[1] One of the operating leases relates to an asset that was in predevelopment for the year ended December 31, 2024 and a portion of the year ended December 31, 2023. As such, the operating lease costs were capitalized. For the year 2022, there were no operating leases related to assets under development.
[2] The finance leases relate to either land, buildings or assets that are/were in development. For land leases classified as finance leases because of a purchase option that the Company views as an economic incentive, the Company follows its existing policy and does not depreciate land because it is assumed to have an indefinite life. For all other finance leases, the Company would amortize the right of use asset over the shorter of the useful life of the asset or the lease term. If the finance lease relates to a property under development, the amortization of the right of use asset may be eligible for capitalization. For assets under development, depreciation may commence once the asset is placed in-service and depreciation would be recognized in accordance with the Company’s policy.
[3] One of the finance leases relates to an asset under development for all or a portion of the years ended December 31, 2023 and December 31, 2022. As such, a portion of the interest amount was capitalized. For the year ended December 31, 2024, there were no finance leases related to assets under development.
[4] The Company has ground leases that are subject to variable payments and extension options. None of the leases contain residual value guarantees