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Schedule III - Real Estate and Accumulated Depreciation - Footnotes (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Total accumulated depreciation per consolidated balance sheet (property, buildings and equipment) | $ (2,641,241) |  |
Property, buildings and equipment gross value | (7,986,434) | $ (7,474,281) |
Total per Schedule III | 5,522,190 |  |
Investment, tax basis, cost | 5,100,000 |  |
Accumulated Depreciation: |  |  |
Total sale-leaseback financing obligations | 42,352 | 79,001 |
Reconciliation of the Company’s real estate activity to Schedule III: |  |  |
Total real estate facilities gross amount per Schedule III | 6,340,796 |  |
Real estate facilities, at cost - ending balance | 7,225,126 |  |
Assets Not Under Construction |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Total per Schedule III | 4,819,311 |  |
Accumulated Depreciation: |  |  |
Ending Balance | (1,594,648) |  |
Reconciliation of the Company’s real estate activity to Schedule III: |  |  |
Total real estate facilities gross amount per Schedule III | 5,637,917 |  |
Reconciliation of the Company’s accumulated depreciation to Schedule III: |  |  |
Accumulated depreciation per Schedule III | (1,594,648) |  |
Ending Balance | (1,594,648) |  |
Sale Leaseback Transaction Accounted for as a Financing Lease |  |  |
Accumulated Depreciation: |  |  |
Total sale-leaseback financing obligations | $ 54,000 | 108,000 | $ 147,000
Minimum |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Life on which depreciation is calculated | 5 years |  |
Maximum |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Life on which depreciation is calculated | 43 years |  |
Non-Real Estate Assets |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Total accumulated depreciation per consolidated balance sheet (property, buildings and equipment) | $ (1,046,593) |  |
Building and improvements |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Property, buildings and equipment gross value | (4,798,286) | (4,462,565) |
Building and improvements financing leases | 21,025 |  |
Assets under construction |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Property, buildings and equipment gross value | (756,798) | (606,233) |
Personal property assets under construction |  |  |
Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2025: |  |  |
Property, buildings and equipment gross value | (53,919) |  |
Real Estate |  |  |
Real Estate Facilities, at Cost: |  |  |
Beginning Balance | 6,636,191 | 6,559,755 | 6,261,663
Capital expenditures to Maintain Real Estate Facilities | 270,717 | 183,986 | 231,984
Acquisitions | 61,970 | 0 | 44,911
Capital expenditures for Expansion and Development | 388,516 | 0 | 0
Disposition | (193,325) | (9,399) | (6,829)
Impairment | (41,047) | (20,985) | 0
Conversion of leased assets to owned | 0 | 0 | 301
Impact of foreign exchange rate changes | 102,104 | (77,166) | 27,725
Ending Balance | 7,225,126 | 6,636,191 | 6,559,755
Accumulated Depreciation: |  |  |
Beginning Balance | (1,882,671) | (1,693,983) | (1,470,179)
Depreciation expense | (231,253) | (211,061) | (215,731)
Dispositions | 40,814 | 5,621 | 1,037
Impact of foreign exchange rate changes | (17,870) | 16,752 | (9,110)
Ending Balance | (2,090,980) | (1,882,671) | (1,693,983)
Total Real Estate Facilities, Net at December 31 | 5,134,146 | 4,753,520 | 4,865,772
Reconciliation of the Company’s accumulated depreciation to Schedule III: |  |  |
Accumulated depreciation per Schedule III | (2,090,980) | (1,882,671) | (1,693,983)
Ending Balance | (2,090,980) | $ (1,882,671) | $ (1,693,983)
Refrigeration Equipment |  |  |
Accumulated Depreciation: |  |  |
Ending Balance | (496,332) |  |
Reconciliation of the Company’s real estate activity to Schedule III: |  |  |
Real estate facilities, at cost - ending balance | 884,330 |  |
Reconciliation of the Company’s accumulated depreciation to Schedule III: |  |  |
Accumulated depreciation per Schedule III | (496,332) |  |
Ending Balance | $ (496,332) |  |

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