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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Summary of Net Operating Income ('"NOI") | The following tables provide information about the Company's reportable segment's revenues, significant expenses, net operating income ("NOI") and the reconciliation of NOI to the Company’s consolidated Net income:
| Three months ended September 30, |  |  | Nine months ended September 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Lease income | $ | 413,947 |  |  |  | 383,762 |  |  | $ | 1,227,950 |  |  |  | 1,151,343 |
Other property income |  | 3,201 |  |  |  | 4,644 |  |  |  | 11,193 |  |  |  | 12,016 |
Less: |  |  |  |  |  |  |  |  |  |  |
Straight-line rent on lease income |  | (7,642 | ) |  |  | (6,444 | ) |  |  | (20,425 | ) |  |  | (16,258 | )
Above/below market rent amortization, net |  | (5,968 | ) |  |  | (5,916 | ) |  |  | (18,892 | ) |  |  | (19,545 | )
Total real estate revenues |  | 403,538 |  |  |  | 376,046 |  |  |  | 1,199,826 |  |  |  | 1,127,556 |
Operating expenses (1) |  | (70,073 | ) |  |  | (64,792 | ) |  |  | (209,201 | ) |  |  | (196,951 | )
Real estate taxes |  | (51,597 | ) |  |  | (50,094 | ) |  |  | (154,286 | ) |  |  | (148,115 | )
NOI | $ | 281,868 |  |  |  | 261,160 |  |  | $ | 836,339 |  |  |  | 782,490 |
(1) Operating expenses include Operating and maintenance, Ground rent and Termination expense
Summary of Reconciliation of NOI to Net Income |
| Three months ended September 30, |  |  | Nine months ended September 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Reconciliation of NOI to Net income: |  |  |  |  |  |  |  |  |  |  |
NOI | $ | 281,868 |  |  |  | 261,160 |  |  | $ | 836,339 |  |  |  | 782,490 |
Consolidated: |  |  |  |  |  |  |  |  |  |  |
Straight-line rent on lease income |  | 6,743 |  |  |  | 5,163 |  |  |  | 18,137 |  |  |  | 14,877 |
Above/below market rent amortization, net |  | 5,784 |  |  |  | 5,726 |  |  |  | 18,265 |  |  |  | 18,990 |
Management, transaction, and other fees |  | 6,720 |  |  |  | 6,765 |  |  |  | 20,776 |  |  |  | 19,896 |
Straight-line rent on ground rent |  | (336 | ) |  |  | (337 | ) |  |  | (1,009 | ) |  |  | (1,014 | )
Above/below market ground rent amortization |  | (535 | ) |  |  | (536 | ) |  |  | (1,602 | ) |  |  | (1,606 | )
Depreciation and amortization |  | (102,799 | ) |  |  | (100,955 | ) |  |  | (299,108 | ) |  |  | (299,508 | )
General and administrative |  | (27,060 | ) |  |  | (25,073 | ) |  |  | (74,140 | ) |  |  | (75,443 | )
Other operating expenses |  | (1,770 | ) |  |  | (3,654 | ) |  |  | (5,402 | ) |  |  | (9,363 | )
Other expense, net |  | (45,897 | ) |  |  | (34,290 | ) |  |  | (145,610 | ) |  |  | (94,898 | )
Add: Share of noncontrolling interests excluded from NOI |  | 1,998 |  |  |  | 2,099 |  |  |  | 6,402 |  |  |  | 6,181 |
Less: Equity in income of investments in real estate excluded from NOI |  | (12,099 | ) |  |  | (12,492 | ) |  |  | (40,229 | ) |  |  | (39,439 | )
Net income | $ | 112,617 |  |  |  | 103,576 |  |  | $ | 332,819 |  |  |  | 321,163 |

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