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v3.23.2

Variable Interest Entities - Additional Information (Details) $ in Thousands, ft² in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2023 USD ($) ft² Property | Jun. 30, 2022 USD ($) Property | Jun. 30, 2023 USD ($) ft² Property | Jun. 30, 2022 USD ($) Property | Dec. 31, 2022 USD ($)
Variable Interest Entity [Line Items] |  |  |  |  |
Joint Venture Development Services Expense | $ 1,347 | $ 0 | $ 2,131 | $ 0 |
Lease Revenue | $ 148,950 | $ 128,957 | $ 295,556 | 253,869 |
Number of Real Estate Properties | Property | 435 |  | 435 |  |
Gross leasable area (GLA) of industrial properties owned | ft² | 66.7 |  | 66.7 |  |
Net Investment in Real Estate | $ 4,593,879 |  | $ 4,593,879 |  | $ 4,421,559
Joint Venture |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Equity Method Investment, Ownership Percentage | 43.00% |  | 43.00% |  |
Equity Method Investment, Partner's Interest Percentage | 6.00% |  | 6.00% |  |
Asset Management Fees |  |  | $ 3,664 | 145 |
Asset Management Fees Deferred |  |  | 748 | 71 |
Joint Venture Development Services Expense |  |  | 2,131 |  |
Receivable Balance Due From The Joint Venture | $ 91 |  | 91 |  | 34
Net Income of the Joint Venture |  |  | 42,116 | 176,168 |
Lease Revenue |  |  | 1,660 |  |
Equity Method Investment, Realized Gain (Loss) on Disposal |  |  | $ 40,077 | $ 176,281 |
Number of Acres | Property | 31 | 391 | 31 | 391 |
Economic Share of Lease Revenue on Joint Venture Sale |  |  | $ 813 |  |
Economic Share of Gain (Loss) on Joint Venture Sale |  |  | 19,638 | $ 86,378 |
Incentive Fees |  |  | $ 8,460 | $ 32,276 |
Number of Real Estate Properties | Property | 3 |  | 3 |  |
Gross leasable area (GLA) of industrial properties owned | ft² | 1.8 |  | 1.8 |  |
Construction Loan |  |  |  |  | $ 149,514
Construction Loan Outstanding Balance | $ 52,454 |  | $ 52,454 |  |
Unamortized Debt Issuance Expense | 960 |  | 960 |  |
Net Investment in Real Estate | $ 210,300 |  | $ 210,300 |  |

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- Definition This element represents the current and noncurrent portions of a long-term real estate loan with an initial maturity beyond one year or beyond the normal operating cycle, if longer, to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
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