v3.26.1
REAL ESTATE OWNED - Summarizes the carrying amounts for our real estate owned (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
REAL ESTATE OWNED    
Land $ 2,505,946 $ 2,537,747
Depreciable property - held and used:    
Land improvements 277,044 277,996
Building, improvements, and furniture, fixtures and equipment 13,311,853 13,577,262
Real estate intangible assets 21,995 21,995
Under development:    
Real estate under development 91,742 72,885
Real estate owned 16,208,580 16,487,885
Accumulated depreciation (7,378,368) (7,374,546)
Total real estate owned, net of accumulated depreciation 8,830,212 9,113,339
Land, Buildings and Improvements    
Under development:    
Real estate under development 13,468 13,468
Building, improvements and furniture, fixtures and equipment    
Under development:    
Real estate under development $ 78,274 $ 59,417