v3.26.1
SECURED AND UNSECURED DEBT, NET - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Sep. 30, 2025
Secured Debt        
Percentage of secured debt which encumbers real estate owned based upon book value 11.00%      
Percentage of secured debt of real estate owned which is unencumbered 89.00%      
Outstanding balances $ 5,677,342      
All-in weighted average interest rate       4.04%
3.00% Medium-Term Notes due August 2031        
Secured Debt        
Outstanding balances 600,000      
Interest rate risk $ 250,000      
All-in weighted average interest rate 3.01%      
5.125% Medium-Term Note due September 2034        
Secured Debt        
All-in weighted average interest rate 4.95%      
Unsecured Debt        
Secured Debt        
Outstanding balances $ 4,714,553      
Fixed Rate Debt | Mortgages loans | Minimum        
Secured Debt        
Notes payable maximum interest rates range 2.62%      
Fixed Rate Debt | Mortgages loans | Maximum        
Secured Debt        
Notes payable maximum interest rates range 4.39%      
Fixed Rate Debt | Unsecured Debt | 2.95% Medium-Term Note due September 2026        
Secured Debt        
Outstanding balances $ 300,000   $ 300,000  
Fixed Rate Debt | Unsecured Debt | 4.40% Medium-Term Notes due January 2029        
Secured Debt        
Principal outstanding 300,000      
Portion of medium term note subject to interest rate swaps $ 150,000      
All-in weighted average interest rate 4.27%      
Fixed Rate Debt | Unsecured Debt | 3.20% Medium-Term Notes due January 2030        
Secured Debt        
All-in weighted average interest rate 3.32%      
Fixed Rate Debt | Unsecured Debt | 3.10% senior unsecured notes due 2034        
Secured Debt        
All-in weighted average interest rate 3.13%      
Fixed Rate Debt | Debt Assumed As Part of Acquisition | Mortgages loans        
Secured Debt        
Amortization of debt discount (Premium) $ 100 $ 200    
Unamortized net Premium (Discount) (600)   $ (500)  
Variable Rate Debt | Tax-exempt secured notes payable | Mortgages loans        
Secured Debt        
Principal outstanding $ 27,000      
Variable Rate Debt | Tax-exempt secured notes payable | Mortgages loans        
Secured Debt        
Notes payable maximum interest rates range 2.56%