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v3.25.3

Revolving Credit Facility - Narrative (Details) |  |  | 9 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Aug. 05, 2025 USD ($) | Apr. 08, 2022 | Sep. 30, 2025 USD ($) extension $ / shares | Dec. 31, 2024 $ / shares | Feb. 20, 2025 USD ($) | Sep. 12, 2023 USD ($)
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum distribution as percentage of FFO |  |  | 100.00% |  |  |
Maximum distribution as percentage of AFFO |  |  | 105.00% |  |  |
Common Stock, $0.01 par value per share |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Share repurchase program, aggregate amount |  |  | $ 300,000,000 |  | $ 300,000,000 |
Series A Preferred Stock |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Preferred stock, dividend rate |  |  | 7.25% | 7.25% |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  | $ 0.01 | $ 0.01 |  |
Series B Preferred Stock |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Preferred stock, dividend rate |  |  | 6.875% | 6.875% |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  | $ 0.01 | $ 0.01 |  |
Credit Facility |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Weighted-average effective interest rate |  |  | 3.80% |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | Line of Credit | Floor Benchmark Rate |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread | 0.00% |  |  |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | Line of Credit | Minimum | Base Rate |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread | 0.15% |  |  |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | Line of Credit | Minimum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread | 1.15% |  |  |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | Line of Credit | Maximum | Base Rate |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread | 0.75% |  |  |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | Line of Credit | Maximum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread | 1.75% |  |  |  |  |
Revolving Credit Facility | August 2025 Revolving Credit Facility | BMO | Line of Credit |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) | $ 1,800,000,000 |  |  |  |  |
Higher borrowing capacity option | 1,185,000,000 |  |  |  |  |
Revolving Credit Facility | Credit Facility |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Principal amount | 100,000,000 |  |  |  |  |
Available for future borrowings |  |  | $ 911,900,000 |  |  |
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Unused capacity commitment fee |  |  | 0.30% |  |  |
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt | Below Threshold |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Unused capacity commitment fee |  |  | 0.15% |  |  |
Commitment fee percentage |  |  | 50.00% |  |  |
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt | Above Threshold |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Unused capacity commitment fee |  |  | 0.25% |  |  |
Commitment fee percentage |  |  | 50.00% |  |  |
Revolving Credit Facility | Credit Facility Amendment | Minimum | Base Rate |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread |  | 0.30% |  |  |  |
Revolving Credit Facility | Credit Facility Amendment | Minimum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread |  | 1.30% |  |  |  |
Revolving Credit Facility | Credit Facility Amendment | Maximum | Base Rate |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread |  | 0.90% |  |  |  |
Revolving Credit Facility | Credit Facility Amendment | Maximum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate spread |  | 1.90% |  |  |  |
Revolving Credit Facility | Credit Facility Amendment | KeyBank National Association | Unsecured Debt |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) |  |  |  |  |  | $ 1,950,000,000
U.S. Dollar Loans | August 2025 Revolving Credit Facility | BMO | Line of Credit |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) | 100,000,000 |  |  |  |  |
Letter of Credit | August 2025 Revolving Credit Facility | BMO | Line of Credit |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) | $ 75,000,000 |  |  |  |  |
Letter of Credit | Credit Facility Amendment | KeyBank National Association | Unsecured Debt |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) |  |  |  |  |  | 75,000,000
Bridge Loan | Credit Facility Amendment | KeyBank National Association | Unsecured Debt |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum borrowing capacity (up to) |  |  |  |  |  | $ 75,000,000
Term Loan | Credit Facility Amendment | KeyBank National Association | Unsecured Debt |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Number of extensions | extension |  |  | 2 |  |  |
Extension term |  |  | 6 months |  |  |

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