2024 Q1 Form 10-K Financial Statement

#000072672824000047 Filed on February 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.260B $1.076B $4.079B
YoY Change 33.47% 21.11% 21.99%
Cost Of Revenue $89.36M $81.88M $317.0M
YoY Change 28.77% 18.52% 40.05%
Gross Profit $1.171B $994.4M $3.762B
YoY Change 33.84% 21.33% 20.68%
Gross Profit Margin 92.91% 92.39% 92.23%
Selling, General & Admin $40.84M $38.02M $144.5M
YoY Change 19.54% 1.31% 4.39%
% of Gross Profit 3.49% 3.82% 3.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $581.1M $475.9M $1.895B
YoY Change 28.7% 8.6% 13.46%
% of Gross Profit 49.62% 47.85% 50.38%
Operating Expenses $617.6M $513.9M $2.040B
YoY Change 27.18% 12.52% 17.75%
Operating Profit $553.5M $480.5M $1.722B
YoY Change 42.15% 32.43% 24.34%
Interest Expense $240.6M -$224.5M $730.4M
YoY Change 56.11% 53.45% 57.0%
% of Operating Profit 43.47% -46.73% 42.41%
Other Income/Expense, Net $5.446M $10.80M $23.79M
YoY Change 99.49% -51.37% -22.03%
Pretax Income $149.4M $235.6M $928.9M
YoY Change -37.25% -0.91% 1.24%
Income Tax $15.50M $15.80M $52.02M
% Of Pretax Income 10.38% 6.71% 5.6%
Net Earnings $132.3M $218.4M $872.3M
YoY Change -41.21% -3.9% 0.33%
Net Earnings / Revenue 10.49% 20.29% 21.39%
Basic Earnings Per Share $0.16 $1.26
Diluted Earnings Per Share $0.16 $0.30 $1.26
COMMON SHARES
Basic Shares Outstanding 861.1M shares 723.9M shares 692.3M shares
Diluted Shares Outstanding 835.2M shares 693.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $680.2M $232.9M $232.9M
YoY Change 313.28% 36.13% 36.13%
Cash & Equivalents $680.2M $232.9M $232.9M
Short-Term Investments
Other Short-Term Assets $62.81M $33.25M $33.25M
YoY Change 33.13% 18.22% 18.22%
Inventory
Prepaid Expenses
Receivables $789.2M $710.5M $710.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.532B $943.5M $943.5M
YoY Change 95.95% 22.98% 22.98%
LONG-TERM ASSETS
Property, Plant & Equipment $51.50B $43.55B $43.55B
YoY Change 32.18% 12.08% 12.08%
Goodwill $4.991B $3.731B
YoY Change 33.76% 0.0%
Intangibles
YoY Change
Long-Term Investments $1.209B $1.172B $1.172B
YoY Change 20133.21% 19596.15% 19596.15%
Other Assets $6.401M $6.247M $6.247M
YoY Change -87.2% -83.4% -83.4%
Total Long-Term Assets $66.80B $56.84B $56.84B
YoY Change 32.74% 16.21% 16.21%
TOTAL ASSETS
Total Short-Term Assets $1.532B $943.5M $943.5M
Total Long-Term Assets $66.80B $56.84B $56.84B
Total Assets $68.33B $57.78B $57.78B
YoY Change 33.71% 16.32% 16.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $738.5M $738.5M
YoY Change
Accrued Expenses $1.117B $977.5M $977.5M
YoY Change 49.63% 36.04% 36.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.766B $933.7M $933.7M
YoY Change 196.43% -23.8% -23.8%
LONG-TERM LIABILITIES
Long-Term Debt $25.40B $21.52B $21.52B
YoY Change 34.49% 18.5% 18.5%
Other Long-Term Liabilities $1.848B $2.219B $2.219B
YoY Change -17.33% 53.62% 53.62%
Total Long-Term Liabilities $27.24B $23.74B $23.74B
YoY Change 29.01% 21.09% 21.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.766B $933.7M $933.7M
Total Long-Term Liabilities $27.24B $23.74B $23.74B
Total Liabilities $29.01B $24.67B $24.84B
YoY Change 33.6% 18.45% 18.5%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.99B $32.94B $32.94B
YoY Change
Total Liabilities & Shareholders Equity $68.33B $57.78B $57.78B
YoY Change 33.71% 16.32% 16.32%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $132.3M $218.4M $872.3M
YoY Change -41.21% -3.9% 0.33%
Depreciation, Depletion And Amortization $581.1M $475.9M $1.895B
YoY Change 28.7% 8.6% 13.46%
Cash From Operating Activities $778.7M $760.7M $2.959B
YoY Change 6.49% 20.65% 15.4%
INVESTING ACTIVITIES
Capital Expenditures $545.5M $1.373B $8.122B
YoY Change -67.7% -65.11% -9.57%
Acquisitions -$93.68M $0.00
YoY Change
Other Investing Activities $156.7M -$1.343B -$1.233B
YoY Change 1289.74% -1826.39% -307.2%
Cash From Investing Activities -$388.8M -$2.716B -$9.355B
YoY Change -76.83% -29.59% 11.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.439B
YoY Change 19.39%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $17.03M 1.795B $6.437B
YoY Change -98.21% -42.16% 12.18%
NET CHANGE
Cash From Operating Activities $778.7M 760.7M $2.959B
Cash From Investing Activities -$388.8M -2.716B -$9.355B
Cash From Financing Activities $17.03M 1.795B $6.437B
Net Change In Cash $404.6M -160.4M $65.29M
YoY Change 2296.42% 29.87% -161.9%
FREE CASH FLOW
Cash From Operating Activities $778.7M $760.7M $2.959B
Capital Expenditures $545.5M $1.373B $8.122B
Free Cash Flow $233.1M -$612.4M -$5.164B
YoY Change -124.34% -81.47% -19.55%

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CY2021 us-gaap Comprehensive Income Net Of Tax
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NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
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CY2022 o Noncontrolling Interest Reallocation Of Equity
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CY2021 us-gaap Profit Loss
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DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Other Noncash Income
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23380000 usd
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2023 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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CY2022 us-gaap Unrealized Gain Loss On Derivatives
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CY2021 us-gaap Unrealized Gain Loss On Derivatives
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ForeignCurrencyTransactionGainLossUnrealized
-37776000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-27223000 usd
CY2023 us-gaap Gain Loss On Sale Of Properties
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25667000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
102957000 usd
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
55798000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Equity Method Investment Dividends Or Distributions
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CY2022 us-gaap Impairment Of Real Estate
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25860000 usd
CY2021 us-gaap Impairment Of Real Estate
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38967000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
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CY2022 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
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CY2021 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2958769000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2563856000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1322189000 usd
CY2023 us-gaap Payments To Acquire Commercial Real Estate
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CY2022 us-gaap Payments To Acquire Commercial Real Estate
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CY2021 us-gaap Payments To Acquire Commercial Real Estate
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6313076000 usd
CY2023 us-gaap Payments For Capital Improvements
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CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
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CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
19080000 usd
CY2023 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
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CY2022 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 usd
CY2021 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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0 usd
CY2023 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
201621000 usd
CY2022 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 usd
CY2021 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 usd
CY2023 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
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CY2022 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
436115000 usd
CY2021 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
250536000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3927000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1401000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
38345000 usd
CY2023 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
108088000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2023 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
CY2022 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
5867000 usd
CY2021 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
CY2023 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
27279000 usd
CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
49070000 usd
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2023 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
200000 usd
CY2022 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
5667000 usd
CY2021 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
28390000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
366030000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9354854000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8387076000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6437695000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2111793000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1813431000 usd
CY2021 o Proceeds From Long Term Lines Of Credit And Issuance Of Commercial Paper
ProceedsFromLongTermLinesOfCreditAndIssuanceOfCommercialPaper
9082206000 usd
CY2022 o Repayments Of Long Term Lines Of Credit And Commercial Paper
RepaymentsOfLongTermLinesOfCreditAndCommercialPaper
27434617000 usd
CY2021 o Repayments Of Long Term Lines Of Credit And Commercial Paper
RepaymentsOfLongTermLinesOfCreditAndCommercialPaper
7508332000 usd
CY2023 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1029383000 usd
CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
4239745000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2154662000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1033387000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1700000000 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
22015000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
66575000 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
96583000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5439462000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4556028000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4442725000 usd
CY2023 o Proceeds From Dividend Reinvestment And Stock Purchase Plan Net
ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
11519000 usd
CY2022 o Proceeds From Dividend Reinvestment And Stock Purchase Plan Net
ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
11654000 usd
CY2021 o Proceeds From Dividend Reinvestment And Stock Purchase Plan Net
ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
11232000 usd
CY2023 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
7725000 usd
CY2022 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
3935000 usd
CY2021 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
1707000 usd
CY2023 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-7853000 usd
CY2022 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-79763000 usd
CY2021 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-3266000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
81898000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
34156000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13405000 usd
CY2023 o Net Cash Received On Divestiture
NetCashReceivedOnDivestiture
0 usd
CY2022 o Net Cash Received On Divestiture
NetCashReceivedOnDivestiture
0 usd
CY2021 o Net Cash Received On Divestiture
NetCashReceivedOnDivestiture
593484000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7022000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4790000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-33552000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6437356000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5738243000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4577120000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24023000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-20511000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20076000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65294000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-105488000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-518310000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226881000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
332369000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
850679000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292175000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226881000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
332369000 usd
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
13458 property
CY2023Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
272100000 sqft
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Certain prior period amounts have been reclassified to conform to the current year presentation. </span></div>Value-added tax receivable is included in 'Other assets, net', on our consolidated balance sheets. Previously, this was categorized as 'Accounts receivable, net' on our consolidated balance sheets.
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The consolidated financial statements were prepared in conformity with U.S. GAAP, which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Lease Revenue Recognition and Accounts Receivable.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The majority of our leases are accounted for as operating leases. Under this method, leases that have fixed and determinable rent increases are recognized on a straight-line basis over the lease term. Any rental revenue contingent upon our client’s sales, or percentage rent, is recognized only after our client exceeds their sales breakpoint. Rental increases based upon changes in the consumer price indices are recognized only after the changes in the indexes have occurred and are then applied according to the lease agreements. Contractually obligated rental revenue from our clients for recoverable real estate taxes and operating expenses are included in contractually obligated reimbursements by our clients, a component of rental revenue, in the period when such costs are incurred. Taxes and operating expenses paid directly by our clients are recorded on a net basis. </span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other revenue includes certain property-related revenue not included in rental revenue and interest income recognized on financing receivables for certain leases with above-market terms.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We assess the probability of collecting substantially all of the lease payments to which we are entitled under the original lease contract as required under ASC 842,</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Leases</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We assess the collectability of our future lease payments based on an analysis of creditworthiness, economic trends and other facts and circumstances related to the applicable clients. If we conclude the collection of substantially all of lease payments under a lease is less than probable, rental revenue recognized for that lease is limited to cash received going forward, existing operating lease receivables, including those related to straight-line rental revenue, must be written off as an adjustment to rental revenue, and no further operating lease receivables are recorded for that lease until such future determination is made that substantially all lease payments under that lease are now considered probable. If we subsequently conclude that the collection of substantially all lease payments under a lease is probable, a reversal of lease receivables previously written off is recognized.</span></div>
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
4900000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Derivative and Hedging Activities</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Derivatives are financial arrangements among two or more parties with returns linked to or “derived” from an underlying equity, debt, commodity, other asset, liability, interest rate, foreign exchange rate or another index, or the occurrence or nonoccurrence of a specified event. The settlement of a derivative is determined by its underlying notional amount specified in the contract. Derivative contracts may be entered into outright or embedded within a non-derivative host contract, and may be listed, traded on exchanges or privately negotiated directly between two parties. </span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We actively manage interest rate and foreign currency exposures arising from our liquidity and funding activities using derivative instruments. We record all derivatives on the balance sheet at fair value. The majority of inputs used to value our derivatives fall within level 2 of the fair value hierarchy. The recognition of changes in the fair value of derivatives is recorded in net income unless the derivative is designated as a cash flow or net investment hedge, in which case the change in fair value is recorded in other comprehensive income and </span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">subsequently reclassified to a designated account</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in our consolidated statements of income and comprehensive income</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in the periods during which the hedged transaction affects earnings.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Lease Income
LeaseIncome
3958200000 usd
CY2023 us-gaap Other Income
OtherIncome
120800000 usd
CY2023 us-gaap Revenues
Revenues
4079000000 usd
CY2022 us-gaap Lease Income
LeaseIncome
3299700000 usd
CY2022 us-gaap Other Income
OtherIncome
44000000.0 usd
CY2022 us-gaap Revenues
Revenues
3343700000 usd
CY2021 us-gaap Lease Income
LeaseIncome
2065000000 usd
CY2021 us-gaap Other Income
OtherIncome
15500000 usd
CY2021 us-gaap Revenues
Revenues
2080500000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
44860300000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
38864400000 usd
CY2023Q4 o Assets Excluding Long Lived Assets
AssetsExcludingLongLivedAssets
12919100000 usd
CY2022Q4 o Assets Excluding Long Lived Assets
AssetsExcludingLongLivedAssets
10808700000 usd
CY2023Q4 us-gaap Assets
Assets
57779400000 usd
CY2022Q4 us-gaap Assets
Assets
49673100000 usd
CY2021Q4 o Tax Distribution Upon Divestiture Fair Market Value Of Shares
TaxDistributionUponDivestitureFairMarketValueOfShares
20.6272
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
516692000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
363993000 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
193844000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
179244000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
710536000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
543237000 usd
CY2023Q4 o Finite Lived Intangible Assets Other
FiniteLivedIntangibleAssetsOther
1799000 usd
CY2022Q4 o Finite Lived Intangible Assets Other
FiniteLivedIntangibleAssetsOther
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5017907000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5168366000 usd
CY2023Q4 o Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Additional Financing Generated From Sales Leaseback Transactions
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAdditionalFinancingGeneratedFromSalesLeasebackTransactions
1570943000 usd
CY2022Q4 o Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Additional Financing Generated From Sales Leaseback Transactions
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAdditionalFinancingGeneratedFromSalesLeasebackTransactions
933116000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
706837000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
467920000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
594712000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
603097000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
205339000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
0 usd
CY2023Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
100672000 usd
CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
24726000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
33252000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
28128000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
53005000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
18152000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
21170000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
83100000 usd
CY2023Q4 o Other Corporate Assets Net
OtherCorporateAssetsNet
12948000 usd
CY2022Q4 o Other Corporate Assets Net
OtherCorporateAssetsNet
12334000 usd
CY2023Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
12264000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
17196000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6247000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
37627000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
6139000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
0 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
6056000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
5951000 usd
CY2023Q4 us-gaap Deposit Assets
DepositAssets
200000 usd
CY2022Q4 us-gaap Deposit Assets
DepositAssets
5667000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
38859000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
39939000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
3368643000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
2276953000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
119620000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
64724000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
78809000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
45572000 usd
CY2023Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
65967000 usd
CY2022Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
26559000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
64885000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
23375000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
61070000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
22626000 usd
CY2023Q4 o Accrued Property Expenses
AccruedPropertyExpenses
54208000 usd
CY2022Q4 o Accrued Property Expenses
AccruedPropertyExpenses
25290000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
66576000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
55921000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
738526000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
399137000 usd
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
1728027000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
1617870000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
321174000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
238434000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1406853000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1379436000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
425213000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
440096000 usd
CY2023Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
312195000 usd
CY2022Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
269645000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
44345000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
49469000 usd
CY2023Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
28250000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
15577000 usd
CY2023Q4 o Other Liabilities Acquisitions
OtherLiabilitiesAcquisitions
1647000 usd
CY2022Q4 o Other Liabilities Acquisitions
OtherLiabilitiesAcquisitions
0 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
811650000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
774787000 usd
CY2023 o Real Estate Property Investments Number Of New Properties And Properties Under Development
RealEstatePropertyInvestmentsNumberOfNewPropertiesAndPropertiesUnderDevelopment
1405 property
CY2023 o Real Estate Property Investments Area Of Real Estate Property Acquired
RealEstatePropertyInvestmentsAreaOfRealEstatePropertyAcquired
37861000 sqft
CY2023 o Real Estate Property Investments Value Of Properties Acquired
RealEstatePropertyInvestmentsValueOfPropertiesAcquired
8153000000 usd
CY2023Q4 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P15Y1M6D
CY2023 o Asset Acquisition Initial Average Cash Lease Yield For Acquired Properties Percentage
AssetAcquisitionInitialAverageCashLeaseYieldForAcquiredPropertiesPercentage
0.070
CY2023 o Settlement Credits For Acquired Properties As Reimbursement For Rent Free Period
SettlementCreditsForAcquiredPropertiesAsReimbursementForRentFreePeriod
4400000 usd
CY2023 o Rental Revenue Generated From Acquisitions Investment Grade Tenants Percentage
RentalRevenueGeneratedFromAcquisitionsInvestmentGradeTenantsPercentage
0.314
CY2023 o Property Sales Count
PropertySalesCount
121 property
CY2023 o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
779500000 usd
CY2023 o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
477200000 gbp
CY2023 o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
288600000 eur
CY2023 o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
2842500000 usd
CY2023 o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
909000000.0 gbp
CY2023 o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
462300000 eur
CY2023 o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
430000000.0 usd
CY2023 o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
130100000 gbp
CY2023 o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
36800000 eur
CY2023 o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
559900000 usd
CY2023 o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
257300000 gbp
CY2023 o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
35200000 eur
CY2023 o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
115100000 usd
CY2023 o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
12400000 gbp
CY2023 o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
900000 eur
CY2023 o Real Estate Properties Acquired Other Liabilities
RealEstatePropertiesAcquiredOtherLiabilities
9100000 usd
CY2023 o Real Estate Properties Acquired Other Liabilities
RealEstatePropertiesAcquiredOtherLiabilities
2600000 gbp
CY2023 o Real Estate Properties Acquired Other Liabilities
RealEstatePropertiesAcquiredOtherLiabilities
9600000 eur
CY2023 o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
4487700000 usd
CY2023 o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
1758600000 gbp
CY2023 o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
812400000 eur
CY2023 o Real Estate Properties Acquired Land Right Of Use Assets Under Long Term Ground Leases
RealEstatePropertiesAcquiredLandRightOfUseAssetsUnderLongTermGroundLeases
7100000 gbp
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y3M18D
CY2023 o Real Estate Properties Acquired Other Assets Loan Receivables
RealEstatePropertiesAcquiredOtherAssetsLoanReceivables
66100000 gbp
CY2023 o Real Estate Properties Acquired Other Assets Finance Lease Right Of Use Assets
RealEstatePropertiesAcquiredOtherAssetsFinanceLeaseRightOfUseAssets
191100000 gbp
CY2023 o Real Estate Properties Acquired Other Assets Loan Receivables
RealEstatePropertiesAcquiredOtherAssetsLoanReceivables
17400000 eur
CY2023 o Real Estate Properties Acquired Other Assets Finance Lease Right Of Use Assets
RealEstatePropertiesAcquiredOtherAssetsFinanceLeaseRightOfUseAssets
10600000 eur
CY2023 o Real Estate Properties Acquired Other Assets Ground Leases
RealEstatePropertiesAcquiredOtherAssetsGroundLeases
7200000 eur
CY2023 o Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P16Y10M24D
CY2023 o Real Estate Properties Acquired Other Liabilities Deferred Rent On Below Market Leases
RealEstatePropertiesAcquiredOtherLiabilitiesDeferredRentOnBelowMarketLeases
2300000 gbp
CY2023 o Real Estate Properties Acquired Other Liabilities Operating Lease Liability
RealEstatePropertiesAcquiredOtherLiabilitiesOperatingLeaseLiability
200000 gbp
CY2023 o Real Estate Properties Acquired Other Liabilities Operating Lease Liability
RealEstatePropertiesAcquiredOtherLiabilitiesOperatingLeaseLiability
1600000 eur
CY2023 o Real Estate Properties Acquired Other Liabilities Finance Lease Liabilities
RealEstatePropertiesAcquiredOtherLiabilitiesFinanceLeaseLiabilities
4400000 eur
CY2023 o Real Estate Properties Acquired Other Liabilities Deferred Rent On Below Market Leases
RealEstatePropertiesAcquiredOtherLiabilitiesDeferredRentOnBelowMarketLeases
2100000 eur
CY2023 o Real Estate Properties Acquired Other Liabilities Other
RealEstatePropertiesAcquiredOtherLiabilitiesOther
1500000 eur
CY2023 o Asset Acquisition Pro Forma Information Revenue Of Acquired Properties Since Acquisition Date Actual
AssetAcquisitionProFormaInformationRevenueOfAcquiredPropertiesSinceAcquisitionDateActual
302300000 usd
CY2023 o Asset Acquisition Pro Forma Information Earnings Or Loss Of Acquired Properties Since Acquisition Date Actual
AssetAcquisitionProFormaInformationEarningsOrLossOfAcquiredPropertiesSinceAcquisitionDateActual
152400000 usd
CY2022 o Property Sales Count
PropertySalesCount
170 property
CY2021 o Property Sales Count
PropertySalesCount
154 property
CY2023 o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
117400000 usd
CY2022 o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
436100000 usd
CY2021 o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
250300000 usd
CY2023 o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
25700000 usd
CY2022 o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
103000000.0 usd
CY2021 o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
55800000 usd
CY2023Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
1172118000 usd
CY2022Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
0 usd
CY2023Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
2200000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2546000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6448000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1106000 usd
CY2023 o Real Estate Properties Acquired Liabilities
RealEstatePropertiesAcquiredLiabilities
3000000000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
207837000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2498000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
205339000 usd
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
3400000 usd
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
764400000 usd
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
583000000 eur
CY2022Q4 us-gaap Commercial Paper
CommercialPaper
701800000 usd
CY2022Q4 us-gaap Commercial Paper
CommercialPaper
361000000 eur
CY2023Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.044
CY2023Q4 o Number Of Noncontrolling Interests Consolidated
NumberOfNoncontrollingInterestsConsolidated
7 noncontrollinginterest
CY2023 o Minority Interest Redemption Common Stock Conversion Ratio
MinorityInterestRedemptionCommonStockConversionRatio
1.02934
CY2022Q3 o Number Of Properties Acquired By Acquiring Controlling Interest
NumberOfPropertiesAcquiredByAcquiringControllingInterest
9 property
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1500000 usd
CY2023 o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
-32545000 usd
CY2022 o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
-249711000 usd
CY2021 o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
-12375000 usd
CY2023 o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
-37776000 usd
CY2022 o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
-220395000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
4900000 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
5202900000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
3463200000 usd
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-98500000 usd
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
17700000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-37265000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
97054000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
50448000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
14663000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1242000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-6802000 usd
CY2023 o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
18051000 usd
CY2022 o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
204392000 usd
CY2021 o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
24392000 usd
CY2023 o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
5728000 usd
CY2022 o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
3245000 usd
CY2021 o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
3541000 usd
CY2023 o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
583000 usd
CY2022 o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
-553000 usd
CY2021 o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
-134000 usd
CY2023 o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
24362000 usd
CY2022 o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
207084000 usd
CY2021 o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
27799000 usd
CY2023 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-5231000 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
29316000 usd
CY2021 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-14714000 usd
CY2021 o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
-27089000 usd
CY2023 o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
-13414000 usd
CY2022 o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
-13311000 usd
CY2021 o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
710000 usd
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
13458 property
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
13458 property
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
14800000 usd
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
14900000 usd
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
6500000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
4006574000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
1037000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
3918126000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
812000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
3747064000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
814000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3531235000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
751000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
3222392000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
710000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
24768619000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
25139000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
43194010000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
29263000 usd
CY2023Q4 o Number Of Properties Subject To Direct Financing Leases
NumberOfPropertiesSubjectToDirectFinancingLeases
6000 property
CY2023Q4 o Number Of Properties Subject To Sales Type Leases
NumberOfPropertiesSubjectToSalesTypeLeases
2000 property
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2485
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2465
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2345
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2485
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2465
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2345
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2545
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2465
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2480
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2360
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2560
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2480
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2360
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2560
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2480
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2460
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.0510
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.9670
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.8330
CY2023Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.2565
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2485
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.2485
CY2023 o Dividend Distributions Characterized For Federal Income Tax Purposes As Ordinary Income
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsOrdinaryIncome
2.8434500
CY2022 o Dividend Distributions Characterized For Federal Income Tax Purposes As Ordinary Income
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsOrdinaryIncome
2.7867654
CY2021 o Dividend Distributions Characterized For Federal Income Tax Purposes As Ordinary Income
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsOrdinaryIncome
1.5146899
CY2023 o Dividend Distributions Characterized For Federal Income Tax Purposes As Nontaxable Distributions
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsNontaxableDistributions
0.2075500
CY2022 o Dividend Distributions Characterized For Federal Income Tax Purposes As Nontaxable Distributions
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsNontaxableDistributions
0
CY2021 o Dividend Distributions Characterized For Federal Income Tax Purposes As Nontaxable Distributions
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsNontaxableDistributions
3.2925615
CY2023 o Dividend Distributions Characterized For Federal Income Tax Purposes As Capital Gain Distribution
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsCapitalGainDistribution
0
CY2022 o Dividend Distributions Characterized For Federal Income Tax Purposes As Capital Gain Distribution
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsCapitalGainDistribution
0.1802346
CY2021 o Dividend Distributions Characterized For Federal Income Tax Purposes As Capital Gain Distribution
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesAsCapitalGainDistribution
0.0854609
CY2023 o Dividend Distributions Characterized For Federal Income Tax Purposes Total
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesTotal
3.0510000
CY2022 o Dividend Distributions Characterized For Federal Income Tax Purposes Total
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesTotal
2.9670000
CY2021 o Dividend Distributions Characterized For Federal Income Tax Purposes Total
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesTotal
4.8927123
CY2021Q4 o Dividend Distributions Characterized For Federal Income Tax Purposes Tax Distribution Upon Divestiture
DividendDistributionsCharacterizedForFederalIncomeTaxPurposesTaxDistributionUponDivestiture
2.060
CY2021Q4 o Tax Distribution Upon Divestiture Fair Market Value Of Shares
TaxDistributionUponDivestitureFairMarketValueOfShares
20.6272
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
692298000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
611766000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414535000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
349000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
395000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
235000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
377000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
20000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
693024000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
612181000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414770000 shares
CY2023 us-gaap Interest Paid Net
InterestPaidNet
692004000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
501716000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
355483000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
12283000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
45031000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
19676000 usd
CY2023 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
11329000 usd
CY2022 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
22783000 usd
CY2021 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
157115000 usd
CY2023 o Increase In Noncontrolling Interests From Property Acquisitions
IncreaseInNoncontrollingInterestsFromPropertyAcquisitions
39156000 usd
CY2022 o Increase In Noncontrolling Interests From Property Acquisitions
IncreaseInNoncontrollingInterestsFromPropertyAcquisitions
0 usd
CY2021 o Increase In Noncontrolling Interests From Property Acquisitions
IncreaseInNoncontrollingInterestsFromPropertyAcquisitions
0 usd
CY2023 us-gaap Loans Assumed1
LoansAssumed1
0 usd
CY2022 us-gaap Loans Assumed1
LoansAssumed1
45079000 usd
CY2021 us-gaap Loans Assumed1
LoansAssumed1
911525000 usd
CY2023 us-gaap Notes Assumed1
NotesAssumed1
0 usd
CY2022 us-gaap Notes Assumed1
NotesAssumed1
0 usd
CY2021 us-gaap Notes Assumed1
NotesAssumed1
4946965000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
11559875000 usd
CY2023 o Noncash Or Part Noncash Divestiture Net Assets And Liabilities Distributed
NoncashOrPartNoncashDivestitureNetAssetsAndLiabilitiesDistributed
0 usd
CY2022 o Noncash Or Part Noncash Divestiture Net Assets And Liabilities Distributed
NoncashOrPartNoncashDivestitureNetAssetsAndLiabilitiesDistributed
0 usd
CY2021 o Noncash Or Part Noncash Divestiture Net Assets And Liabilities Distributed
NoncashOrPartNoncashDivestitureNetAssetsAndLiabilitiesDistributed
1142121000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232923000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
171102000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6247000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
37627000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
53005000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
18152000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292175000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226881000 usd
CY2021Q4 o Stock Issued During Period Vested Equity Awards In Merger
StockIssuedDuringPeriodVestedEquityAwardsInMerger
400000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
709426 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
53.80
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28343 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
54.50
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M18D
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
39400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
5300000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid Year One
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidYearOne
44700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
38800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3600000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid Year Two
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidYearTwo
42400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
38000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
9200000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid Year Three
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidYearThree
47200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
35500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1500000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid Year Four
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidYearFour
37000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
31900000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1500000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid Year Five
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidYearFive
33400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
497500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
48900000 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid After Year Five
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaidAfterYearFive
546400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
681100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
70000000.0 usd
CY2023Q4 o Lessee Operating Lease And Finance Lease Liability To Be Paid
LesseeOperatingLeaseAndFinanceLeaseLiabilityToBePaid
751100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
255900000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
25700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
425200000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
44300000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0366
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P23Y1M6D
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0347
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P22Y7M6D
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Name
AuditorName
KPMG LLP
CY2023 dei Auditor Location
AuditorLocation
San Diego, CA
CY2023 dei Auditor Firm
AuditorFirmId
185
CY2023 srt Sec Schedule Iii Real Estate Number Of Units
SECScheduleIIIRealEstateNumberOfUnits
13458 property
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
822436000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
14954956000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
34240455000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
439360000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
7715000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
14954956000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
34687530000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
49642486000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6096736000 usd
CY2023Q4 o Number Of Real Estate Properties Secured By Mortgages
NumberOfRealEstatePropertiesSecuredByMortgages
131 property
CY2023Q4 o Real Estate And Accumulated Depreciation Net Debt Premiums On Mortgages Payable Excluded From Encumbrances
RealEstateAndAccumulatedDepreciationNetDebtPremiumsOnMortgagesPayableExcludedFromEncumbrances
-800000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
55200000000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
42689699000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
35952659000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
21048334000 usd
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
7239885000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
8021159000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
5851945000 usd
CY2023 o Real Estate Merger Additions
RealEstateMergerAdditions
0 usd
CY2022 o Real Estate Merger Additions
RealEstateMergerAdditions
0 usd
CY2021 o Real Estate Merger Additions
RealEstateMergerAdditions
11722801000 usd
CY2023 o Real Estate Amounts Allocated To Intangible Assets
RealEstateAmountsAllocatedToIntangibleAssets
484096000 usd
CY2022 o Real Estate Amounts Allocated To Intangible Assets
RealEstateAmountsAllocatedToIntangibleAssets
625730000 usd
CY2021 o Real Estate Amounts Allocated To Intangible Assets
RealEstateAmountsAllocatedToIntangibleAssets
826064000 usd
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
54904000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
99484000 usd
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
56567000 usd
CY2023 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
49504000 usd
CY2022 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
97482000 usd
CY2021 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
64807000 usd
CY2023 o Real Estate Total Additions
RealEstateTotalAdditions
6860197000 usd
CY2022 o Real Estate Total Additions
RealEstateTotalAdditions
7592395000 usd
CY2021 o Real Estate Total Additions
RealEstateTotalAdditions
16870056000 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
125166000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
402386000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
1206837000 usd
CY2023 o Real Estate Cost Of Equipment Sold
RealEstateCostOfEquipmentSold
11000 usd
CY2022 o Real Estate Cost Of Equipment Sold
RealEstateCostOfEquipmentSold
0 usd
CY2021 o Real Estate Cost Of Equipment Sold
RealEstateCostOfEquipmentSold
8000 usd
CY2023 o Real Estate Divestiture
RealEstateDivestiture
0 usd
CY2022 o Real Estate Divestiture
RealEstateDivestiture
0 usd
CY2021 o Real Estate Divestiture
RealEstateDivestiture
634254000 usd
CY2023 o Real Estate Releasing Costs
RealEstateReleasingCosts
0 usd
CY2022 o Real Estate Releasing Costs
RealEstateReleasingCosts
53000 usd
CY2021 o Real Estate Releasing Costs
RealEstateReleasingCosts
40000 usd
CY2023 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
111851000 usd
CY2022 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
39463000 usd
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
91176000 usd
CY2023 o Real Estate Deductions
RealEstateDeductions
237028000 usd
CY2022 o Real Estate Deductions
RealEstateDeductions
441902000 usd
CY2021 o Real Estate Deductions
RealEstateDeductions
1932315000 usd
CY2023 o Real Estate Foreign Currency Translation
RealEstateForeignCurrencyTranslation
329618000 usd
CY2022 o Real Estate Foreign Currency Translation
RealEstateForeignCurrencyTranslation
-413453000 usd
CY2021 o Real Estate Foreign Currency Translation
RealEstateForeignCurrencyTranslation
-33416000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
49642486000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
42689699000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
35952659000 usd
CY2023Q4 us-gaap Real Estate Investments Joint Ventures
RealEstateInvestmentsJointVentures
38400000 usd
CY2023 o Real Estate Reclassifications For Right Of Use Assets Under Finance Leases
RealEstateReclassificationsForRightOfUseAssetsUnderFinanceLeases
11300000 usd
CY2022 o Real Estate Reclassifications For Right Of Use Assets Under Finance Leases
RealEstateReclassificationsForRightOfUseAssetsUnderFinanceLeases
3300000 usd
CY2022 o Real Estate Mortgage Assumption
RealEstateMortgageAssumption
43000000 usd
CY2021 o Real Estate Limited Partnership Units
RealEstateLimitedPartnershipUnits
51200000 usd
CY2021 o Real Estate Reclassifications For Right Of Use Assets Under Finance Leases
RealEstateReclassificationsForRightOfUseAssetsUnderFinanceLeases
20100000 usd
CY2021 o Real Estate Mortgage Assumption
RealEstateMortgageAssumption
43700000 usd
CY2023 o Real Estate Buildings Razed Value
RealEstateBuildingsRazedValue
14000000 usd
CY2023 o Impairment Of Real Estate Excluding Impairment Of Depreciation And Investment Leases
ImpairmentOfRealEstateExcludingImpairmentOfDepreciationAndInvestmentLeases
97500000 usd
CY2022 o Real Estate Buildings Razed Value
RealEstateBuildingsRazedValue
13600000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
25900000 usd
CY2021 o Real Estate Buildings Razed Value
RealEstateBuildingsRazedValue
43000000 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
39000000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4908658000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3963753000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3563178000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
1233709000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
1028182000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
628246000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
57609000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
73913000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
226897000 usd
CY2023 o Real Estate Accumulated Depreciation Foreign Currency Translation
RealEstateAccumulatedDepreciationForeignCurrencyTranslation
11978000 usd
CY2022 o Real Estate Accumulated Depreciation Foreign Currency Translation
RealEstateAccumulatedDepreciationForeignCurrencyTranslation
-9364000 usd
CY2021 o Real Estate Accumulated Depreciation Foreign Currency Translation
RealEstateAccumulatedDepreciationForeignCurrencyTranslation
-774000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6096736000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4908658000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3963753000 usd
CY2023 o Number Of Real Estate Properties Impaired
NumberOfRealEstatePropertiesImpaired
112 property
CY2022 o Number Of Real Estate Properties Impaired
NumberOfRealEstatePropertiesImpaired
94 property
CY2021 o Number Of Real Estate Properties Impaired
NumberOfRealEstatePropertiesImpaired
103 property

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