XML 242 R64.htm IDEA: XBRL DOCUMENT v3.25.3
Debt Obligations, net - Schedule of Debt Maturities (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Oct. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]      
2027 $ 237,000    
2028 79,193    
2029 881,000    
Thereafter 3,369,247    
Total principal maturities 4,566,440   $ 4,372,317
Debt premium, discount and deferred financing costs, net (52,480)   (54,878)
Total debt obligations, net [1] 4,513,960   4,317,439
Secured Debt      
Debt Instrument [Line Items]      
2027 237,000    
2028 79,193    
Thereafter 1,181,920    
Total principal maturities 1,498,113   1,498,113
Debt premium, discount and deferred financing costs, net (25,932)    
Total debt obligations, net $ 1,472,181    
Weighted average maturity of mortgages 25 years 9 months 18 days    
Unsecured Debt      
Debt Instrument [Line Items]      
2029 $ 881,000    
Thereafter 2,187,327    
Total principal maturities 3,068,327   2,874,204
Debt premium, discount and deferred financing costs, net (26,548)    
Total debt obligations, net 3,041,779    
Mortgages | Secured Debt      
Debt Instrument [Line Items]      
Total principal maturities $ 1,498,113   $ 1,498,113
Subsequent Event | Mortgages | Secured Debt      
Debt Instrument [Line Items]      
Principal amount of debt obligations   $ 227,000  
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).