v3.26.1
FAIR VALUES OF FINANCIAL INSTRUMENTS - Carrying Amounts and Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 183,613 $ 741,067
Escrow deposits and restricted cash 17,677 45,070
Secured mortgage loans and other, net 161,388 167,975
Secured mortgage loans and other, net, fair value 160,357 166,796
Non-mortgage loans receivable, net 20,778 20,827
Liabilities:    
Senior notes payable and other debt, gross 12,607,344 13,103,627
Non-mortgage loans receivable, net    
Assets:    
Secured mortgage loans and other, net 24,014 24,062
Secured mortgage loans and other, net, fair value 19,659 20,432
Carrying Amount    
Assets:    
Cash and cash equivalents 183,613 741,067
Escrow deposits and restricted cash 17,677 45,070
Derivative instruments 13,717 12,390
Liabilities:    
Derivative instruments 3,387 5,267
Redeemable OP Units 271,757 260,672
Carrying Amount | Non-mortgage loans receivable, net    
Assets:    
Non-mortgage loans receivable, net 20,778 20,827
Carrying Amount | Secured/mortgage loans and other, net    
Assets:    
Secured mortgage loans and other, net 137,374 143,913
Fair Value    
Assets:    
Cash and cash equivalents, fair value 183,613 741,067
Escrow deposits and restricted cash 17,677 45,070
Derivative instruments 13,717 12,390
Liabilities:    
Senior notes payable and other debt, gross, fair value 12,862,022 13,429,007
Derivative instruments 3,387 5,267
Redeemable OP Units, fair value 271,757 260,672
Fair Value | Non-mortgage loans receivable, net    
Assets:    
Non-mortgage loans receivable, fair value 19,659 20,432
Fair Value | Secured/mortgage loans and other, net    
Assets:    
Secured mortgage loans and other, net, fair value $ 140,698 $ 146,364