Annual report [Section 13 and 15(d), not S-K Item 405]

Debt, Net - Schedule of Debt (Details)

v3.25.4
Debt, Net - Schedule of Debt (Details)
12 Months Ended
Oct. 06, 2025
USD ($)
Dec. 31, 2025
USD ($)
Oct. 02, 2025
USD ($)
Dec. 31, 2024
USD ($)
Sep. 12, 2023
USD ($)
Debt          
Carrying Value   $ 2,767,834,000   $ 2,391,755,000  
Net deferred financing costs   4,100,000   4,000,000.0  
Mortgage and other secured debt          
Debt          
Carrying Value   $ 142,189,000   69,601,000  
Mortgage and other secured debt | Fixed-rate mortgage debt          
Debt          
Interest rate   3.82%      
Carrying Value   $ 36,064,000   37,130,000  
Mortgage and other secured debt | Variable-rate secured debt          
Debt          
Carrying Value   $ 10,125,000   32,471,000  
Variable rate, additional spread   0.0010      
Variable rate, spread over SOFR   1.45%      
Weighted average interest rate   5.20%      
Mortgage and other secured debt | Variable-rate secured debt | Interest rate swaps          
Debt          
Weighted average interest rate   3.10%      
Mortgage and other secured debt | Revolving Development Facility          
Debt          
Carrying Value   $ 96,000,000   0  
Weighted average interest rate   5.10%      
Mortgage and other secured debt | Revolving Development Facility | Minimum          
Debt          
Variable rate, spread over SOFR   1.25%      
Mortgage and other secured debt | Revolving Development Facility | Minimum | Revolving Credit Facility          
Debt          
Variable rate, spread over SOFR   1.25%      
Mortgage and other secured debt | Revolving Development Facility | Maximum          
Debt          
Variable rate, spread over SOFR   1.90%      
Mortgage and other secured debt | Revolving Development Facility | Maximum | Revolving Credit Facility          
Debt          
Variable rate, spread over SOFR   1.90%      
Line of Credit | Credit Agreement | Revolving Credit Facility          
Debt          
Carrying Value   $ 54,000,000   75,000,000  
Weighted average interest rate   4.60%      
Line of Credit | Credit Agreement | Minimum | Revolving Credit Facility          
Debt          
Variable rate, spread over SOFR 0.725% 0.725%      
Line of Credit | Credit Agreement | Maximum | Revolving Credit Facility          
Debt          
Variable rate, spread over SOFR 1.40% 1.40%      
Term Loan Facility | Credit Agreement | Term Loan Facility          
Debt          
Interest rate   4.90%      
Debt instrument, face amount $ 125,000,000.0        
Carrying Value   $ 49,911,000   124,633,000  
Term Loan Facility | Credit Agreement | Minimum | Term Loan Facility          
Debt          
Variable rate, spread over SOFR 0.85% 0.85%      
Term Loan Facility | Credit Agreement | Maximum | Term Loan Facility          
Debt          
Variable rate, spread over SOFR 1.70% 1.70%      
Unsecured Senior Notes          
Debt          
Carrying Value   $ 2,500,000,000      
Unsecured Senior Notes | 2.25%, $400,000 aggregate principal          
Debt          
Interest rate   2.25%      
Debt instrument, face amount   $ 400,000,000      
Carrying Value   399,812,000   398,699,000  
Unamortized discounts and/or commissions included in carrying value   $ 153,000   1,100,000  
Effective interest rate on debt   2.50%      
Unsecured Senior Notes | 5.25%, $345,000 aggregate principal          
Debt          
Interest rate   5.25%     5.25%
Debt instrument, face amount   $ 345,000,000     $ 345,000,000.0
Carrying Value   339,470,000   337,588,000  
Unamortized discounts and/or commissions included in carrying value   $ 4,900,000   6,600,000  
Effective interest rate on debt   5.80%      
Unsecured Senior Notes | 2.00%, $400,000 aggregate principal          
Debt          
Interest rate   2.00%      
Debt instrument, face amount   $ 400,000,000      
Carrying Value   398,459,000   397,961,000  
Unamortized discounts and/or commissions included in carrying value   $ 1,100,000   1,500,000  
Effective interest rate on debt   2.10%      
Unsecured Senior Notes | 4.50%, $400,000 aggregate principal          
Debt          
Interest rate   4.50% 4.50%    
Debt instrument, face amount   $ 400,000,000 $ 400,000,000.0    
Carrying Value   394,326,000   0  
Unamortized discounts and/or commissions included in carrying value   $ 4,300,000      
Effective interest rate on debt   4.80%      
Unsecured Senior Notes | 2.75%, $600,000 aggregate principal          
Debt          
Interest rate   2.75%      
Debt instrument, face amount   $ 600,000,000      
Carrying Value   593,476,000   592,330,000  
Unamortized discounts and/or commissions included in carrying value   $ 5,700,000   6,700,000  
Effective interest rate on debt   2.90%      
Unsecured Senior Notes | 2.90%, $400,000 aggregate principal          
Debt          
Interest rate   2.90%      
Debt instrument, face amount   $ 400,000,000      
Carrying Value   396,130,000   395,692,000  
Unamortized discounts and/or commissions included in carrying value   $ 3,200,000   3,500,000  
Effective interest rate on debt   3.00%      
Unsecured note payable | Unsecured note payable          
Debt          
Interest rate   0.00%      
Carrying Value   $ 61,000   251,000  
Unamortized discounts and/or commissions included in carrying value   $ 1,000   $ 10,000