2024 Q1 Form 10-K Financial Statement

#000103544324000072 Filed on January 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $797.9M $769.5M $2.886B
YoY Change 13.86% 14.8% 11.46%
Cost Of Revenue $218.3M $222.7M $859.2M
YoY Change 5.5% 8.99% 9.71%
Gross Profit $579.6M $546.8M $2.107B
YoY Change 17.36% 17.35% 16.69%
Gross Profit Margin 72.64% 71.06% 73.02%
Selling, General & Admin $47.06M $59.29M $199.4M
YoY Change -2.37% 37.91% 12.45%
% of Gross Profit 8.12% 10.84% 9.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $287.6M $285.3M $1.093B
YoY Change 8.39% 7.86% 9.11%
% of Gross Profit 49.61% 52.18% 51.89%
Operating Expenses $334.6M $344.5M $1.293B
YoY Change 6.73% 12.05% 9.62%
Operating Profit $245.0M $202.2M $814.3M
YoY Change 35.84% 27.62% 30.0%
Interest Expense -$11.53M -$12.13M $74.20M
YoY Change -183.81% -67.23% -21.23%
% of Operating Profit -4.7% -6.0% 9.11%
Other Income/Expense, Net
YoY Change
Pretax Income $219.2M -$42.66M $281.0M
YoY Change 80.11% -144.78% -58.1%
Income Tax
% Of Pretax Income
Net Earnings $166.9M -$91.93M $103.6M
YoY Change 114.34% -277.49% -80.13%
Net Earnings / Revenue 20.91% -11.95% 3.59%
Basic Earnings Per Share $0.97 $0.54
Diluted Earnings Per Share $0.97 -$0.54 $0.54
COMMON SHARES
Basic Shares Outstanding 175.0M shares 173.8M shares 170.9M shares
Diluted Shares Outstanding 171.9M shares 170.9M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $722.2M $618.2M $618.2M
YoY Change -42.84% -25.09% -25.09%
Cash & Equivalents $722.2M $618.2M $618.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $7.469M $8.211M $8.211M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $729.6M $626.4M $626.4M
YoY Change -42.62% -24.78% -24.78%
LONG-TERM ASSETS
Property, Plant & Equipment $33.01B $26.56M $32.32B
YoY Change 144751.46% 14.55% 5.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.552B $75.50M $1.487B
YoY Change 2382.92% 15.34% -10.05%
Other Assets $1.795B $1.705B $1.705B
YoY Change 8.45% 7.52% 7.52%
Total Long-Term Assets $36.97B $36.15B $36.15B
YoY Change 3.73% 4.19% 4.19%
TOTAL ASSETS
Total Short-Term Assets $729.6M $626.4M $626.4M
Total Long-Term Assets $36.97B $36.15B $36.15B
Total Assets $37.70B $36.77B $36.77B
YoY Change 2.13% 3.51% 3.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $432.3M $524.4M $524.4M
YoY Change 21.82% 34.56% 34.56%
Accrued Expenses $1.025B $989.2M $989.2M
YoY Change -5.59% -4.07% -4.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $32.00K
YoY Change
Total Short-Term Liabilities $1.679B $1.735B $1.735B
YoY Change 1.79% 6.47% 6.47%
LONG-TERM LIABILITIES
Long-Term Debt $12.22B $11.32B $11.32B
YoY Change 5.89% 11.38% 11.38%
Other Long-Term Liabilities $1.047B $1.097B $1.097B
YoY Change 0.78% 4.47% 4.47%
Total Long-Term Liabilities $13.26B $12.41B $12.41B
YoY Change 5.47% 10.73% 10.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.679B $1.735B $1.735B
Total Long-Term Liabilities $13.26B $12.41B $12.41B
Total Liabilities $19.29B $14.15B $18.30B
YoY Change 35.57% 10.19% 10.57%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.720M $1.719M
YoY Change 0.64% 0.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $18.41B $18.47B $18.47B
YoY Change
Total Liabilities & Shareholders Equity $37.70B $36.77B $36.77B
YoY Change 2.13% 3.51% 3.51%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $166.9M -$91.93M $103.6M
YoY Change 114.34% -277.49% -80.13%
Depreciation, Depletion And Amortization $287.6M $285.3M $1.093B
YoY Change 8.39% 7.86% 9.11%
Cash From Operating Activities $341.2M $428.6M $1.631B
YoY Change 11.65% 6.85% 25.98%
INVESTING ACTIVITIES
Capital Expenditures $887.3M $825.7M $3.684B
YoY Change -15.57% -160.65% -159.56%
Acquisitions
YoY Change
Other Investing Activities -$7.584M $435.6M $1.183B
YoY Change -167.45% 28095.92% 7.12%
Cash From Investing Activities -$894.9M -$390.0M -$2.501B
YoY Change -13.93% -71.32% -50.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $103.8M
YoY Change -95.57%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 624.4M 55.16M $674.2M
YoY Change -46.85% -94.2% -84.06%
NET CHANGE
Cash From Operating Activities 341.2M 428.6M $1.631B
Cash From Investing Activities -894.9M -390.0M -$2.501B
Cash From Financing Activities 624.4M 55.16M $674.2M
Net Change In Cash 70.73M 93.79M -$197.2M
YoY Change -83.94% -1282.69% -144.54%
FREE CASH FLOW
Cash From Operating Activities $341.2M $428.6M $1.631B
Capital Expenditures $887.3M $825.7M $3.684B
Free Cash Flow -$546.1M -$397.1M -$2.053B
YoY Change -26.73% -122.53% -127.46%

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CY2022 us-gaap Stock Issued During Period Value New Issues
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109224000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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47451000 usd
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2023 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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156265000 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2023 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Depreciation And Amortization
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CY2022 us-gaap Depreciation And Amortization
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CY2021 us-gaap Depreciation And Amortization
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CY2023 us-gaap Impairment Of Real Estate
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CY2022 us-gaap Impairment Of Real Estate
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GainLossOnDispositionOfRealEstateDiscontinuedOperations
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CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
980000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
645000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12255000 usd
CY2023 us-gaap Equity Method Investment Dividends Or Distributions
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CY2022 us-gaap Equity Method Investment Dividends Or Distributions
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CY2021 us-gaap Equity Method Investment Dividends Or Distributions
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20350000 usd
CY2023 us-gaap Amortization Of Financing Costs
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CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13549000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
11441000 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
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1207000 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
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384000 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
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CY2023 us-gaap Straight Line Rent
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CY2021 us-gaap Straight Line Rent
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensation
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CY2023 us-gaap Increase Decrease In Leasing Receivables
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102000 usd
CY2022 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
273000 usd
CY2021 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
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CY2023 us-gaap Increase Decrease In Deferred Leasing Fees
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109339000 usd
CY2022 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
181322000 usd
CY2021 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
131560000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
18960000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
24591000 usd
CY2023 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
110672000 usd
CY2022 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
77850000 usd
CY2021 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
60929000 usd
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1630550000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Proceeds From Sale Of Property Held For Sale
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CY2022 us-gaap Proceeds From Sale Of Property Held For Sale
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CY2021 us-gaap Proceeds From Sale Of Property Held For Sale
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PaymentsToDevelopRealEstateAssets
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PaymentsToDevelopRealEstateAssets
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CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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PaymentsToAcquireRealEstate
2877861000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
5434652000 usd
CY2023 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
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CY2022 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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CY2023 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
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CY2021 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
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CY2023 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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CY2022 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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CY2021 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
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CY2023 us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
658000 usd
CY2022 us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
1442000 usd
CY2021 us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
13666000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
471000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
189472000 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
242932000 usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
408564000 usd
CY2023 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
183396000 usd
CY2022 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
198320000 usd
CY2021 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
424623000 usd
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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NetCashProvidedByUsedInInvestingActivities
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ProceedsFromSecuredNotesPayable
59957000 usd
CY2022 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
49715000 usd
CY2021 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
10005000 usd
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CY2022 us-gaap Repayments Of Secured Debt
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CY2021 us-gaap Repayments Of Secured Debt
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17979000 usd
CY2023 are Payment For The Defeasance Of Secured Note Payable
PaymentForTheDefeasanceOfSecuredNotePayable
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CY2022 are Payment For The Defeasance Of Secured Note Payable
PaymentForTheDefeasanceOfSecuredNotePayable
198304000 usd
CY2021 are Payment For The Defeasance Of Secured Note Payable
PaymentForTheDefeasanceOfSecuredNotePayable
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CY2023 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1793318000 usd
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1743716000 usd
CY2023 us-gaap Repayments Of Notes Payable
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CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
650000000 usd
CY2023 us-gaap Proceeds From Long Term Lines Of Credit
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1245000000 usd
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1181000000 usd
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
3521000000 usd
CY2023 us-gaap Repayments Of Long Term Lines Of Credit
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1245000000 usd
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1181000000 usd
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3521000000 usd
CY2023 us-gaap Proceeds From Issuance Of Commercial Paper
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CY2022 us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
14641500000 usd
CY2021 us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
30951300000 usd
CY2023 us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
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CY2022 us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
14911500000 usd
CY2021 us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
30781300000 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
66829000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
18938000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
47289000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
34338000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
103846000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2346444000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3529097000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
757742000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
655968000 usd
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
547391000 usd
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1542347000 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2026486000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
245091000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
192171000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
118891000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
674156000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4229772000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5916361000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1291000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-887000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1712000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-197204000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
442748000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-182478000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
857975000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
415227000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
597705000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
46583000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
561538000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
474751000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
33250000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
19146000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
118750000 usd
CY2023 are Issuance Of Noncontrolling Interest To Joint Venture Partner
IssuanceOfNoncontrollingInterestToJointVenturePartner
33250000 usd
CY2022 are Issuance Of Noncontrolling Interest To Joint Venture Partner
IssuanceOfNoncontrollingInterestToJointVenturePartner
19146000 usd
CY2021 are Issuance Of Noncontrolling Interest To Joint Venture Partner
IssuanceOfNoncontrollingInterestToJointVenturePartner
118750000 usd
CY2023 are Noncash Or Part Noncash Transfer Of Real Estate Assets From Tenants
NoncashOrPartNoncashTransferOfRealEstateAssetsFromTenants
31310000 usd
CY2022 are Noncash Or Part Noncash Transfer Of Real Estate Assets From Tenants
NoncashOrPartNoncashTransferOfRealEstateAssetsFromTenants
0 usd
CY2021 are Noncash Or Part Noncash Transfer Of Real Estate Assets From Tenants
NoncashOrPartNoncashTransferOfRealEstateAssetsFromTenants
0 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
35250000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 usd
CY2023 are Noncash Right Of Use Asset
NoncashRightOfUseAsset
0 usd
CY2022 are Noncash Right Of Use Asset
NoncashRightOfUseAsset
21776000 usd
CY2021 are Noncash Right Of Use Asset
NoncashRightOfUseAsset
103860000 usd
CY2023 are Noncash Lease Liability
NoncashLeaseLiability
0 usd
CY2022 are Noncash Lease Liability
NoncashLeaseLiability
21776000 usd
CY2021 are Noncash Lease Liability
NoncashLeaseLiability
103860000 usd
CY2023 are Noncash Real Estate Assets From Acquisition Of Partners Interest
NoncashRealEstateAssetsFromAcquisitionOfPartnersInterest
0 usd
CY2022 are Noncash Real Estate Assets From Acquisition Of Partners Interest
NoncashRealEstateAssetsFromAcquisitionOfPartnersInterest
0 usd
CY2021 are Noncash Real Estate Assets From Acquisition Of Partners Interest
NoncashRealEstateAssetsFromAcquisitionOfPartnersInterest
19613000 usd
CY2023 are Noncash Secured Notes Payable From Acquisition Of Partners Interest
NoncashSecuredNotesPayableFromAcquisitionOfPartnersInterest
0 usd
CY2022 are Noncash Secured Notes Payable From Acquisition Of Partners Interest
NoncashSecuredNotesPayableFromAcquisitionOfPartnersInterest
0 usd
CY2021 are Noncash Secured Notes Payable From Acquisition Of Partners Interest
NoncashSecuredNotesPayableFromAcquisitionOfPartnersInterest
14558000 usd
CY2023 are Noncash Deferred Purchase Price In Connection With Acquisitions Of Real Estate
NoncashDeferredPurchasePriceInConnectionWithAcquisitionsOfRealEstate
0 usd
CY2022 are Noncash Deferred Purchase Price In Connection With Acquisitions Of Real Estate
NoncashDeferredPurchasePriceInConnectionWithAcquisitionsOfRealEstate
0 usd
CY2021 are Noncash Deferred Purchase Price In Connection With Acquisitions Of Real Estate
NoncashDeferredPurchasePriceInConnectionWithAcquisitionsOfRealEstate
81119000 usd
CY2023 are Noncash Assignment Of Secured Note Payable In Connection With The Disposition Of Real Estate
NoncashAssignmentOfSecuredNotePayableInConnectionWithTheDispositionOfRealEstate
0 usd
CY2022 are Noncash Assignment Of Secured Note Payable In Connection With The Disposition Of Real Estate
NoncashAssignmentOfSecuredNotePayableInConnectionWithTheDispositionOfRealEstate
0 usd
CY2021 are Noncash Assignment Of Secured Note Payable In Connection With The Disposition Of Real Estate
NoncashAssignmentOfSecuredNotePayableInConnectionWithTheDispositionOfRealEstate
28200000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION AND BASIS OF PRESENTATION <div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&amp;P 500</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> life science REIT, is the pioneer of the life science real estate niche since its founding in 1994. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a total market capitalization of $33.1 billion and an asset base in North America of 73.5 million SF as of December 31, 2023. As used in this annual report on Form 10-K, references to the “Company,” “Alexandria,” “ARE,” “we,” “us,” and “our” refer to Alexandria Real Estate Equities, Inc. and its consolidated subsidiaries. The accompanying consolidated financial statements include the accounts of Alexandria Real Estate Equities, Inc. and its consolidated subsidiaries. All significant intercompany balances and transactions have been eliminated.</span></div>Any references to our total market capitalization, number or quality of buildings or tenants, quality of location, square footage, number of leases, or occupancy percentage, and any amounts derived from these values in these notes to consolidated financial statements are outside the scope of our independent registered public accounting firm’s procedures.
CY2023Q4 are Market Capitalization
MarketCapitalization
33100000000 usd
CY2023Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
73500000 sqft
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#00497f;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%;text-decoration:underline">Use of estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, and equity; the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements; and the amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 are Maximum Expected Period Of Sale Of Property
MaximumExpectedPeriodOfSaleOfProperty
P1Y
CY2023Q4 are Cost Method Investment Ownership Percentage
CostMethodInvestmentOwnershipPercentage
0.10
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div><span style="color:#00497f;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%;text-decoration:underline">Revenues</span></div><div><span><br/></span></div><div style="margin-bottom:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The table below provides details of our consolidated total revenues for the years ended December 31, 2023, 2022, and 2021 (in thousands):</span></div><div style="margin-bottom:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.944%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.516%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.945%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.945%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.948%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income from rentals:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues subject to the lease accounting standard:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating leases</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,802,567 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,534,862 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,081,362 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Direct financing and sales-type leases</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,608 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,094 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,489 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues subject to the lease accounting standard</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,805,175 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,537,956 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,084,851 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues subject to the revenue recognition accounting </span></div><div style="padding-left:13.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">standard</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">37,281 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38,084 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23,398 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income from rentals</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,842,456 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,576,040 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,108,249 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,243 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,922 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,901 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total revenues</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,885,699 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,588,962 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,114,150 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:1pt;padding-left:27pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:400;line-height:120%;padding-left:9.45pt">We completed the sale of our real estate assets subject to sales-type leases in May 2022 and have had no sales-type leases since then.</span></div><div style="margin-bottom:1pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the years ended December 31, 2023, 2022, and 2021, revenues that were subject to the lease accounting standard aggregated $2.8 billion or 97.2%, $2.5 billion or 98.0%, and $2.1 billion or 98.6% of our total revenues, respectively. Our other income consisted primarily of management fees and interest income earned during each year presented. For a detailed discussion related to our revenue streams, refer to the “Lease accounting” subsection and the “Recognition of revenue arising from contracts with customers” section within this Note 2 to our consolidated financial statements.</span></div>
CY2023 are Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag
OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag
true
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2802567000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2534862000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2081362000 usd
CY2023 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
2608000 usd
CY2022 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
3094000 usd
CY2021 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
3489000 usd
CY2023 us-gaap Lease Income
LeaseIncome
2805175000 usd
CY2022 us-gaap Lease Income
LeaseIncome
2537956000 usd
CY2021 us-gaap Lease Income
LeaseIncome
2084851000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2885699000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2588962000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2114150000 usd
CY2023 us-gaap Lease Income
LeaseIncome
2800000000 usd
CY2023 are Percentage Of Total Revenues
PercentageOfTotalRevenues
0.972
CY2022 us-gaap Lease Income
LeaseIncome
2500000000 usd
CY2022 are Percentage Of Total Revenues
PercentageOfTotalRevenues
0.980
CY2021 us-gaap Lease Income
LeaseIncome
2100000000 usd
CY2021 are Percentage Of Total Revenues
PercentageOfTotalRevenues
0.986
CY2023 are Contract With Customer Asset Adjustment For Allowance For Credit Loss
ContractWithCustomerAssetAdjustmentForAllowanceForCreditLoss
1000000 usd
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
21400000 usd
CY2023 are Minimum Percentage Of Taxable Income To Be Distributed
MinimumPercentageOfTaxableIncomeToBeDistributed
0.90
CY2023 are Percent Of Taxable Income Generally Distributed As Dividend
PercentOfTaxableIncomeGenerallyDistributedAsDividend
1
CY2023Q4 are Number Of Direct Financing Leases
NumberOfDirectFinancingLeases
1 directfinancinglease
CY2023Q4 are Land Parcel Subject To Lease Agreement That Contains A Purchase Option
LandParcelSubjectToLeaseAgreementThatContainsAPurchaseOption
2 landparcel
CY2023Q4 are Land Parcel Subject To Lease Agreement That Contains A Purchase Option
LandParcelSubjectToLeaseAgreementThatContainsAPurchaseOption
2 landparcel
CY2017Q4 are Rent Commence Date
RentCommenceDate
2017-10-01
CY2023Q4 are Land Parcel Subject To Lease Agreement That Contains A Purchase Option
LandParcelSubjectToLeaseAgreementThatContainsAPurchaseOption
2 landparcel
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
31633511000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
29945440000 usd
CY2023 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
277037000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
461100000 usd
CY2023Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
6700000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
37780000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
38435000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
1862795000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1868217000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1817938000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
1738305000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1607062000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
10201534000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
19095851000 usd
CY2023Q4 are Number Of Direct Financing Leases
NumberOfDirectFinancingLeases
1 directfinancinglease
CY2023Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
40100000 usd
CY2023 are Lessor Direct Financing Lease Remaining Lease Term
LessorDirectFinancingLeaseRemainingLeaseTerm
P68Y10M24D
CY2023 are Lessor Direct Financing Lease Lessee Option To Purchase Underlying Asset Option Exercise Period
LessorDirectFinancingLeaseLesseeOptionToPurchaseUnderlyingAssetOptionExercisePeriod
P30D
CY2017Q4 are Rent Commence Date
RentCommenceDate
2017-10-01
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
253324000 usd
CY2022Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
255186000 usd
CY2023Q4 are Direct Financing Lease Unearned Income
DirectFinancingLeaseUnearnedIncome
210388000 usd
CY2022Q4 are Direct Financing Lease Unearned Income
DirectFinancingLeaseUnearnedIncome
212995000 usd
CY2023Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2839000 usd
CY2022Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2839000 usd
CY2023Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
40097000 usd
CY2022Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
39352000 usd
CY2023Q4 us-gaap Direct Financing Lease Net Investment In Lease Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLoss
2800000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
1919000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
1976000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
2036000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
2097000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
2160000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
243136000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
253324000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
848899000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
466016000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
382883000 usd
CY2023 are Operating Lease Obligation Remaining Lease Term
OperatingLeaseObligationRemainingLeaseTerm
P13Y
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2802567000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2534862000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2081362000 usd
CY2023 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
2608000 usd
CY2022 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
3094000 usd
CY2021 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
3489000 usd
CY2023 us-gaap Lease Income
LeaseIncome
2805175000 usd
CY2022 us-gaap Lease Income
LeaseIncome
2537956000 usd
CY2021 us-gaap Lease Income
LeaseIncome
2084851000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
1035339000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
996116000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
525941000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
479841000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
509398000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
516275000 usd
CY2023Q4 are Ground And Operating Lease Obligation Due
GroundAndOperatingLeaseObligationDue
848900000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
382900000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
516500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2023Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
36 property
CY2023Q4 are Percentage Of Properties Subject To Ground Leases
PercentageOfPropertiesSubjectToGroundLeases
0.09
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
22611000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22671000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
22865000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
21944000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
21614000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
737194000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
39879000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
36527000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
28598000 usd
CY2023 are Capitalized Lease Costs
CapitalizedLeaseCosts
5544000 usd
CY2022 are Capitalized Lease Costs
CapitalizedLeaseCosts
3661000 usd
CY2021 are Capitalized Lease Costs
CapitalizedLeaseCosts
3167000 usd
CY2023 us-gaap Lease Cost
LeaseCost
34335000 usd
CY2022 us-gaap Lease Cost
LeaseCost
32866000 usd
CY2021 us-gaap Lease Cost
LeaseCost
25431000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
32200000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
55200000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
24700000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
618190000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
825193000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
42581000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
32782000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
660771000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
857975000 usd
CY2023Q4 are Cost Method Investment Ownership Percentage
CostMethodInvestmentOwnershipPercentage
0.10
CY2023Q4 are Number Of Equity Method Investments
NumberOfEquityMethodInvestments
9 investment
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
75500000 usd
CY2023Q4 are Number Of Equity Method Investments
NumberOfEquityMethodInvestments
9 investment
CY2023Q4 are Fair Value Investments Privately Held Entities That Calculate Nav Unfunded Commitments
FairValueInvestmentsPrivatelyHeldEntitiesThatCalculateNAVUnfundedCommitments
382200000 usd
CY2023 are Limited Partnership Maximum Expiration Terms
LimitedPartnershipMaximumExpirationTerms
P11Y
CY2023 are Limited Partnership Liquidation Expected Initial Term In Years
LimitedPartnershipLiquidationExpectedInitialTermInYears
P10Y
CY2023 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Liquidating Investment Remaining Period1
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLiquidatingInvestmentRemainingPeriod1
P5Y4M24D
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
75498000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
1177072000 usd
CY2023Q4 are Cumulative Unrealized Gains On Investments
CumulativeUnrealizedGainsOnInvestments
320445000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30897000 usd
CY2023Q4 are Cumulative Unrealized Losses On Investments
CumulativeUnrealizedLossesOnInvestments
123497000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
1449518000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
65459000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
1152613000 usd
CY2022Q4 are Cumulative Unrealized Gains On Investments
CumulativeUnrealizedGainsOnInvestments
506404000 usd
CY2022Q4 are Cumulative Unrealized Losses On Investments
CumulativeUnrealizedLossesOnInvestments
109402000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
1615074000 usd
CY2023 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
6078000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
80435000 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
215845000 usd
CY2023 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-201475000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-412193000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
43632000 usd
CY2023 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-195397000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-331758000 usd
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
259477000 usd
CY2023 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
80600000 usd
CY2023 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
-74600000 usd
CY2023 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-195400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
461613000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
615638000 usd
CY2023Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
40365000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
33534000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
31747000 usd
CY2023Q4 us-gaap Deposits Assets
DepositsAssets
25863000 usd
CY2022Q4 us-gaap Deposits Assets
DepositsAssets
20805000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26560000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23186000 usd
CY2023Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
40097000 usd
CY2022Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
39352000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
15841000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
19875000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
516452000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
558255000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
88453000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
80724000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
30969000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
28294000 usd
CY2023Q4 are Real Estate Corporate Operations
RealEstateCorporateOperations
144784000 usd
CY2022Q4 are Real Estate Corporate Operations
RealEstateCorporateOperations
148530000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
1421894000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
1599940000 usd
CY2023 are Transfers In Fair Value Hierarchy
TransfersInFairValueHierarchy
0 usd
CY2023Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsNetAssets
191400000 usd
CY2022Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsNetAssets
116100000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
1400000000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
1600000000 usd
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0372
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
32000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
600034000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
769710000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
350038000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
525041000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
9150438000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11395293000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-79651000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
11315642000 usd
CY2023Q4 are Long Term Debt Percentage Bearing Fixed Interest Amount Net
LongTermDebtPercentageBearingFixedInterestAmountNet
11096647000 usd
CY2023Q4 are Long Term Debt Percentage Bearing Variable Interest Amount Net
LongTermDebtPercentageBearingVariableInterestAmountNet
218995000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
11315642000 usd
CY2023Q4 are Debt Instrument Percentage Of Outstanding Balance
DebtInstrumentPercentageOfOutstandingBalance
1.000
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0372
CY2023 are Debt Instrument Weighted Average Remaining Period
DebtInstrumentWeightedAverageRemainingPeriod
P12Y9M18D
CY2023Q4 are Fixed Interest Rate Debt As Percentage Of Total Outstanding Balance
FixedInterestRateDebtAsPercentageOfTotalOutstandingBalance
0.981
CY2023Q4 are Variable Interest Rate Debt As Percentage Of Total Outstanding Balance
VariableInterestRateDebtAsPercentageOfTotalOutstandingBalance
0.019
CY2023Q4 are Debt Instrument Percentage Of Outstanding Balance
DebtInstrumentPercentageOfOutstandingBalance
1
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
438182000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
372848000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
312806000 usd
CY2023 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
363978000 usd
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
278645000 usd
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
170641000 usd
CY2023 us-gaap Interest Expense
InterestExpense
74204000 usd
CY2022 us-gaap Interest Expense
InterestExpense
94203000 usd
CY2021 us-gaap Interest Expense
InterestExpense
142165000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
524439000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
389741000 usd
CY2023Q4 are Accrued Construction
AccruedConstruction
606333000 usd
CY2022Q4 are Accrued Construction
AccruedConstruction
624440000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
322040000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
417656000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
53083000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
52723000 usd
CY2023Q4 are Deferred Rent Liability
DeferredRentLiability
15183000 usd
CY2022Q4 are Deferred Rent Liability
DeferredRentLiability
18321000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
382883000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
406700000 usd
CY2023Q4 are Prepaid Rent And Tenant Security Deposits
PrepaidRentAndTenantSecurityDeposits
548529000 usd
CY2022Q4 are Prepaid Rent And Tenant Security Deposits
PrepaidRentAndTenantSecurityDeposits
449622000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
158453000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
112056000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2610943000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2471259000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
280994000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
670701000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
654282000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
177355000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
149041000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
83035000 usd
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
11195000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
8392000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
7848000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
92444000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
513268000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
563399000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170909000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161659000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146921000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
539000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170909000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
161659000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147460000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.18
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.83
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.18
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.82
CY2023 are Minimum Percentage Of Taxable Income To Be Distributed
MinimumPercentageOfTaxableIncomeToBeDistributed
0.90
CY2023 are Percent Of Taxable Income Generally Distributed As Dividend
PercentOfTaxableIncomeGenerallyDistributedAsDividend
1
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.96
CY2022 us-gaap Profit Loss
ProfitLoss
670701000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
654282000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
149041000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
83035000 usd
CY2022 are Income Tax Reconciliation Rental Revenue Recognition
IncomeTaxReconciliationRentalRevenueRecognition
-6824000 usd
CY2021 are Income Tax Reconciliation Rental Revenue Recognition
IncomeTaxReconciliationRentalRevenueRecognition
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
225319000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
153382000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
45656000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
34265000 usd
CY2022 are Income Tax Reconciliation Nondeductible Expense Interest Expense
IncomeTaxReconciliationNondeductibleExpenseInterestExpense
-104519000 usd
CY2021 are Income Tax Reconciliation Nondeductible Expense Interest Expense
IncomeTaxReconciliationNondeductibleExpenseInterestExpense
-79907000 usd
CY2022 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-330820000 usd
CY2021 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-100449000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
26322000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
23130000 usd
CY2022 are Effective Income Tax Rate Reconciliation Nondeductible Expense Unrealized Gains Or Losses On Non Real Estate Investments
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseUnrealizedGainsOrLossesOnNonRealEstateInvestments
-369021000 usd
CY2021 are Effective Income Tax Rate Reconciliation Nondeductible Expense Unrealized Gains Or Losses On Non Real Estate Investments
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseUnrealizedGainsOrLossesOnNonRealEstateInvestments
-42908000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
10653000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
33446000 usd
CY2022 are Taxable Income Before Dividend Deduction
TaxableIncomeBeforeDividendDeduction
756468000 usd
CY2021 are Taxable Income Before Dividend Deduction
TaxableIncomeBeforeDividendDeduction
654716000 usd
CY2022 are Dividend Deduction To Eliminate Taxable Income
DividendDeductionToEliminateTaxableIncome
756468000 usd
CY2021 are Dividend Deduction To Eliminate Taxable Income
DividendDeductionToEliminateTaxableIncome
654716000 usd
CY2022 are Net Taxable Income Loss
NetTaxableIncomeLoss
0 usd
CY2021 are Net Taxable Income Loss
NetTaxableIncomeLoss
0 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
757700000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
656000000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8600000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8700000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5000000 usd
CY2023 are Number Of Leases Held
NumberOfLeasesHeld
1000 lease
CY2023Q4 are Remaining Aggregate Costs Under Contracts
RemainingAggregateCostsUnderContracts
1900000000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
29500000 usd
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
413600000 usd
CY2023 are Limited Partnership Maximum Expiration Terms
LimitedPartnershipMaximumExpirationTerms
P11Y
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4900000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
171900000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023 are Preferred Stock Shares Additional Shares Authorized
PreferredStockSharesAdditionalSharesAuthorized
200000000 shares
CY2023Q4 are Preferred Stock Shares Additional Shares Authorized Issued And Outstanding
PreferredStockSharesAdditionalSharesAuthorizedIssuedAndOutstanding
0 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2708800 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
119335000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
109557000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
93359000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
139675000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
104424000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
94748000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
56817000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
46684000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
46079000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.320
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.290
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.028
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.025
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.028
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0422
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0247
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0023
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
260400000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y
CY2023 are Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Expected Period For Recognition Weighted Average Basis
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedExpectedPeriodForRecognitionWeightedAverageBasis
P22M
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
194223000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
117197000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
4750000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
2034000 usd
CY2023Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Accumulated Other Comprehensive Income Loss
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsAccumulatedOtherComprehensiveIncomeLoss
-1960000 usd
CY2022Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Accumulated Other Comprehensive Income Loss
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsAccumulatedOtherComprehensiveIncomeLoss
-898000 usd
CY2023Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsNetAssets
191433000 usd
CY2022Q4 are Disposal Group Including Assets Held For Sale Not Qualifying As Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldForSaleNotQualifyingAsDiscontinuedOperationsNetAssets
116061000 usd
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
119661000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
7875488000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
10606121000 usd
CY2023Q4 are Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Of Building And Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionOfBuildingAndImprovements
18136921000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
7875488000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
28743042000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
36618530000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4985019000 usd
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
31633511000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
36600000000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
36100000000 usd
CY2023Q4 are Investment In Real Estate Over Cost Basis Of Real Estate For Federal Income Tax Purpose
InvestmentInRealEstateOverCostBasisOfRealEstateForFederalIncomeTaxPurpose
483200000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
34299503000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28751910000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
21274810000 usd
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
296694000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
2722214000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
5405569000 usd
CY2023 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
3107612000 usd
CY2022 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
3388478000 usd
CY2021 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
2267848000 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
1085279000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
563099000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
196317000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
36618530000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
34299503000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28751910000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4354063000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3771241000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3182438000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
841893000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
751584000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
607927000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
210937000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
168762000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
19124000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4985019000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4354063000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3771241000 usd

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