XML 50 R40.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Summary of Significant Accounting Policies - Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Assets        
Net investment in sales-type leases $ 3,341,658 $ 3,255,195    
Ground Lease receivables 1,661,063 [1] 1,622,298 [1] $ 1,431,478 $ 1,374,716
Loan receivable, net [1] 112,179 112,111    
Cash and cash equivalents 11,284 [1] 18,761 [1] 20,335  
Restricted cash 27,891 [1] 27,979 [1] $ 27,954  
Liabilities        
Debt obligations, net [1] 4,142,878 4,054,365    
Carrying Value        
Assets        
Net investment in sales-type leases 3,342,000 3,255,000    
Ground Lease receivables 1,661,000 1,622,000    
Loan receivable, net 112,000 112,000    
Cash and cash equivalents 11,000 19,000    
Restricted cash 28,000 28,000    
Liabilities        
Debt obligations, net 4,143,000 4,054,000    
Carrying Value | Fair Value, Inputs, Level 1        
Liabilities        
Debt obligations, net 1,034,000 739,000    
Carrying Value | Fair Value, Inputs, Level 3        
Liabilities        
Debt obligations, net 3,109,000 3,315,000    
Fair Value        
Liabilities        
Debt obligations, net 3,493,000 3,491,000    
Fair Value | Fair Value, Inputs, Level 1        
Assets        
Cash and cash equivalents 11,000 19,000    
Restricted cash 28,000 28,000    
Liabilities        
Debt obligations, net 914,000 617,000    
Fair Value | Fair Value, Inputs, Level 3        
Assets        
Net investment in sales-type leases 3,683,000 3,118,000    
Ground Lease receivables 1,867,000 1,603,000    
Loan receivable, net 114,000 114,000    
Liabilities        
Debt obligations, net $ 2,579,000 $ 2,874,000    
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).