context
stringlengths 21
24.6k
| category
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stringlengths 1
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| entity_type
stringclasses 5
values | query
stringlengths 97
3.31k
| answer
stringlengths 12
168
|
|---|---|---|---|---|---|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
58
|
percentItemType
|
table: <entity> 58 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
81
|
percentItemType
|
table: <entity> 81 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
92
|
percentItemType
|
table: <entity> 92 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
4.44
|
percentItemType
|
table: <entity> 4.44 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
5.40
|
percentItemType
|
table: <entity> 5.40 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
5.24
|
percentItemType
|
table: <entity> 5.24 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
5.41
|
percentItemType
|
table: <entity> 5.41 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
1.54
|
percentItemType
|
table: <entity> 1.54 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
4.54
|
percentItemType
|
table: <entity> 4.54 </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Expected volatility</td><td>49 % – 80 % 49 % – 80 %</td><td></td><td>49 % – 58 % 49 % – 58 %</td><td></td><td>81 % – 92 % 81 % – 92 %</td></tr><tr><td>Risk-free interest rate</td><td>4.44 % – 5.40 % 4.44 % – 5.40 %</td><td></td><td>5.24 % – 5.41 % 5.24 % – 5.41 %</td><td></td><td>1.54 % – 4.54 % 1.54 % – 4.54 %</td></tr><tr><td>Expected term (in years)</td><td>0.5 0.5</td><td></td><td>0.5 0.5</td><td></td><td>0.50 0.50</td></tr><tr><td>Expected dividend</td><td>— %</td><td></td><td>— %</td><td></td><td>— %</td></tr></table>
|
table
|
—
|
percentItemType
|
table: <entity> — </entity> <entity type> percentItemType </entity type> <context> None </context>
|
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
8348
|
monetaryItemType
|
table: <entity> 8348 </entity> <entity type> monetaryItemType </entity type> <context> Cost of revenue | $ | 8,348 | $ | 7,068 | $ | 5,259 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
7068
|
monetaryItemType
|
table: <entity> 7068 </entity> <entity type> monetaryItemType </entity type> <context> Cost of revenue | $ | 8,348 | $ | 7,068 | $ | 5,259 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
5259
|
monetaryItemType
|
table: <entity> 5259 </entity> <entity type> monetaryItemType </entity type> <context> Cost of revenue | $ | 8,348 | $ | 7,068 | $ | 5,259 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
66315
|
monetaryItemType
|
table: <entity> 66315 </entity> <entity type> monetaryItemType </entity type> <context> Research and development | 66,315 | 72,804 | 59,211 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
72804
|
monetaryItemType
|
table: <entity> 72804 </entity> <entity type> monetaryItemType </entity type> <context> Research and development | 66,315 | 72,804 | 59,211 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
59211
|
monetaryItemType
|
table: <entity> 59211 </entity> <entity type> monetaryItemType </entity type> <context> Research and development | 66,315 | 72,804 | 59,211 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
66086
|
monetaryItemType
|
table: <entity> 66086 </entity> <entity type> monetaryItemType </entity type> <context> Selling, general and administrative | 66,086 | 87,078 | 72,378 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
87078
|
monetaryItemType
|
table: <entity> 87078 </entity> <entity type> monetaryItemType </entity type> <context> Selling, general and administrative | 66,086 | 87,078 | 72,378 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
72378
|
monetaryItemType
|
table: <entity> 72378 </entity> <entity type> monetaryItemType </entity type> <context> Selling, general and administrative | 66,086 | 87,078 | 72,378 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
140749
|
monetaryItemType
|
table: <entity> 140749 </entity> <entity type> monetaryItemType </entity type> <context> Total stock-based compensation expense | $ | 140,749 | $ | 166,950 | $ | 136,848 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
166950
|
monetaryItemType
|
table: <entity> 166950 </entity> <entity type> monetaryItemType </entity type> <context> Total stock-based compensation expense | $ | 140,749 | $ | 166,950 | $ | 136,848 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Cost of revenue</td><td>$</td><td>8,348</td><td></td><td></td><td>$</td><td>7,068</td><td></td><td></td><td>$</td><td>5,259</td><td></td></tr><tr><td>Research and development</td><td>66,315</td><td></td><td></td><td>72,804</td><td></td><td></td><td>59,211</td><td></td></tr><tr><td>Selling, general and administrative</td><td>66,086</td><td></td><td></td><td>87,078</td><td></td><td></td><td>72,378</td><td></td></tr><tr><td>Total stock-based compensation expense</td><td>$</td><td>140,749</td><td></td><td></td><td>$</td><td>166,950</td><td></td><td></td><td>$</td><td>136,848</td><td></td></tr></table>
|
table
|
136848
|
monetaryItemType
|
table: <entity> 136848 </entity> <entity type> monetaryItemType </entity type> <context> Total stock-based compensation expense | $ | 140,749 | $ | 166,950 | $ | 136,848 </context>
|
us-gaap:AllocatedShareBasedCompensationExpense
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
4594582
|
sharesItemType
|
table: <entity> 4594582 </entity> <entity type> sharesItemType </entity type> <context> Stock options to purchase common stock | 4,594,582 | 5,946,786 | 7,964,557 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
5946786
|
sharesItemType
|
table: <entity> 5946786 </entity> <entity type> sharesItemType </entity type> <context> Stock options to purchase common stock | 4,594,582 | 5,946,786 | 7,964,557 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
7964557
|
sharesItemType
|
table: <entity> 7964557 </entity> <entity type> sharesItemType </entity type> <context> Stock options to purchase common stock | 4,594,582 | 5,946,786 | 7,964,557 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
6493387
|
sharesItemType
|
table: <entity> 6493387 </entity> <entity type> sharesItemType </entity type> <context> Restricted stock units | 6,493,387 | 5,334,134 | 5,836,192 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
5334134
|
sharesItemType
|
table: <entity> 5334134 </entity> <entity type> sharesItemType </entity type> <context> Restricted stock units | 6,493,387 | 5,334,134 | 5,836,192 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
5836192
|
sharesItemType
|
table: <entity> 5836192 </entity> <entity type> sharesItemType </entity type> <context> Restricted stock units | 6,493,387 | 5,334,134 | 5,836,192 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
124652
|
sharesItemType
|
table: <entity> 124652 </entity> <entity type> sharesItemType </entity type> <context> Shares committed under ESPP | 124,652 | 48,302 | 46,548 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
48302
|
sharesItemType
|
table: <entity> 48302 </entity> <entity type> sharesItemType </entity type> <context> Shares committed under ESPP | 124,652 | 48,302 | 46,548 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
46548
|
sharesItemType
|
table: <entity> 46548 </entity> <entity type> sharesItemType </entity type> <context> Shares committed under ESPP | 124,652 | 48,302 | 46,548 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
11212621
|
sharesItemType
|
table: <entity> 11212621 </entity> <entity type> sharesItemType </entity type> <context> Total | 11,212,621 | 11,329,222 | 13,847,297 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
11329222
|
sharesItemType
|
table: <entity> 11329222 </entity> <entity type> sharesItemType </entity type> <context> Total | 11,212,621 | 11,329,222 | 13,847,297 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended December 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Stock options to purchase common stock</td><td>4,594,582</td><td></td><td></td><td>5,946,786</td><td></td><td></td><td>7,964,557</td><td></td></tr><tr><td>Restricted stock units</td><td>6,493,387</td><td></td><td></td><td>5,334,134</td><td></td><td></td><td>5,836,192</td><td></td></tr><tr><td>Shares committed under ESPP</td><td>124,652</td><td></td><td></td><td>48,302</td><td></td><td></td><td>46,548</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>11,212,621</td><td></td><td></td><td>11,329,222</td><td></td><td></td><td>13,847,297</td><td></td></tr></table>
|
table
|
13847297
|
sharesItemType
|
table: <entity> 13847297 </entity> <entity type> sharesItemType </entity type> <context> Total | 11,212,621 | 11,329,222 | 13,847,297 </context>
|
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
7342497
|
monetaryItemType
|
table: <entity> 7342497 </entity> <entity type> monetaryItemType </entity type> <context> Buildings and improvements | $ | 7,342,497 | $ | 6,894,045 </context>
|
us-gaap:InvestmentBuildingAndBuildingImprovements
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
6894045
|
monetaryItemType
|
table: <entity> 6894045 </entity> <entity type> monetaryItemType </entity type> <context> Buildings and improvements | $ | 7,342,497 | $ | 6,894,045 </context>
|
us-gaap:InvestmentBuildingAndBuildingImprovements
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
996701
|
monetaryItemType
|
table: <entity> 996701 </entity> <entity type> monetaryItemType </entity type> <context> Land | | 996,701 | | | 870,310 </context>
|
us-gaap:Land
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
870310
|
monetaryItemType
|
table: <entity> 870310 </entity> <entity type> monetaryItemType </entity type> <context> Land | | 996,701 | | | 870,310 </context>
|
us-gaap:Land
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
510106
|
monetaryItemType
|
table: <entity> 510106 </entity> <entity type> monetaryItemType </entity type> <context> Furniture and equipment | | 510,106 | | | 469,654 </context>
|
us-gaap:FixturesAndEquipmentGross
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
469654
|
monetaryItemType
|
table: <entity> 469654 </entity> <entity type> monetaryItemType </entity type> <context> Furniture and equipment | | 510,106 | | | 469,654 </context>
|
us-gaap:FixturesAndEquipmentGross
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
210870
|
monetaryItemType
|
table: <entity> 210870 </entity> <entity type> monetaryItemType </entity type> <context> Construction in progress | | 210,870 | | | 138,410 </context>
|
us-gaap:DevelopmentInProcess
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
138410
|
monetaryItemType
|
table: <entity> 138410 </entity> <entity type> monetaryItemType </entity type> <context> Construction in progress | | 210,870 | | | 138,410 </context>
|
us-gaap:DevelopmentInProcess
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
9060174
|
monetaryItemType
|
table: <entity> 9060174 </entity> <entity type> monetaryItemType </entity type> <context> Total real estate assets | | 9,060,174 | | | 8,372,419 </context>
|
us-gaap:RealEstateInvestmentPropertyAtCost
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
8372419
|
monetaryItemType
|
table: <entity> 8372419 </entity> <entity type> monetaryItemType </entity type> <context> Total real estate assets | | 9,060,174 | | | 8,372,419 </context>
|
us-gaap:RealEstateInvestmentPropertyAtCost
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
2721016
|
monetaryItemType
|
table: <entity> 2721016 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
|
us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
2469893
|
monetaryItemType
|
table: <entity> 2469893 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
|
us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
6339158
|
monetaryItemType
|
table: <entity> 6339158 </entity> <entity type> monetaryItemType </entity type> <context> Real estate assets – net | 6,339,158 | 5,902,526 </context>
|
us-gaap:RealEstateInvestmentPropertyNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
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table
|
5902526
|
monetaryItemType
|
table: <entity> 5902526 </entity> <entity type> monetaryItemType </entity type> <context> Real estate assets – net | 6,339,158 | 5,902,526 </context>
|
us-gaap:RealEstateInvestmentPropertyNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
9453
|
monetaryItemType
|
table: <entity> 9453 </entity> <entity type> monetaryItemType </entity type> <context> Investments in direct financing leases – net | 9,453 | 8,716 </context>
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us-gaap:DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
8716
|
monetaryItemType
|
table: <entity> 8716 </entity> <entity type> monetaryItemType </entity type> <context> Investments in direct financing leases – net | 9,453 | 8,716 </context>
|
us-gaap:DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
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table
|
1428298
|
monetaryItemType
|
table: <entity> 1428298 </entity> <entity type> monetaryItemType </entity type> <context> Real estate loans receivable – net | 1,428,298 | 1,212,162 </context>
|
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
1212162
|
monetaryItemType
|
table: <entity> 1212162 </entity> <entity type> monetaryItemType </entity type> <context> Real estate loans receivable – net | 1,428,298 | 1,212,162 </context>
|
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
88711
|
monetaryItemType
|
table: <entity> 88711 </entity> <entity type> monetaryItemType </entity type> <context> Investments in unconsolidated joint ventures | 88,711 | 188,409 </context>
|
us-gaap:EquityMethodInvestments
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
188409
|
monetaryItemType
|
table: <entity> 188409 </entity> <entity type> monetaryItemType </entity type> <context> Investments in unconsolidated joint ventures | 88,711 | 188,409 </context>
|
us-gaap:EquityMethodInvestments
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
56194
|
monetaryItemType
|
table: <entity> 56194 </entity> <entity type> monetaryItemType </entity type> <context> Assets held for sale | 56,194 | 67,116 </context>
|
us-gaap:RealEstateHeldforsale
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
67116
|
monetaryItemType
|
table: <entity> 67116 </entity> <entity type> monetaryItemType </entity type> <context> Assets held for sale | 56,194 | 67,116 </context>
|
us-gaap:RealEstateHeldforsale
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
332274
|
monetaryItemType
|
table: <entity> 332274 </entity> <entity type> monetaryItemType </entity type> <context> Non-real estate loans receivable – net | 332,274 | 275,615 </context>
|
us-gaap:AccountsAndNotesReceivableNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
275615
|
monetaryItemType
|
table: <entity> 275615 </entity> <entity type> monetaryItemType </entity type> <context> Non-real estate loans receivable – net | 332,274 | 275,615 </context>
|
us-gaap:AccountsAndNotesReceivableNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
8254088
|
monetaryItemType
|
table: <entity> 8254088 </entity> <entity type> monetaryItemType </entity type> <context> Total investments | 8,254,088 | 7,654,544 </context>
|
us-gaap:Investments
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
7654544
|
monetaryItemType
|
table: <entity> 7654544 </entity> <entity type> monetaryItemType </entity type> <context> Total investments | 8,254,088 | 7,654,544 </context>
|
us-gaap:Investments
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
518340
|
monetaryItemType
|
table: <entity> 518340 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents | 518,340 | 442,810 </context>
|
us-gaap:CashAndCashEquivalentsAtCarryingValue
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
442810
|
monetaryItemType
|
table: <entity> 442810 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents | 518,340 | 442,810 </context>
|
us-gaap:CashAndCashEquivalentsAtCarryingValue
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
30395
|
monetaryItemType
|
table: <entity> 30395 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash | 30,395 | 1,920 </context>
|
us-gaap:RestrictedCashAndCashEquivalents
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
1920
|
monetaryItemType
|
table: <entity> 1920 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash | 30,395 | 1,920 </context>
|
us-gaap:RestrictedCashAndCashEquivalents
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
12611
|
monetaryItemType
|
table: <entity> 12611 </entity> <entity type> monetaryItemType </entity type> <context> Contractual receivables – net | 12,611 | 11,888 </context>
|
us-gaap:ContractWithCustomerAssetNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
11888
|
monetaryItemType
|
table: <entity> 11888 </entity> <entity type> monetaryItemType </entity type> <context> Contractual receivables – net | 12,611 | 11,888 </context>
|
us-gaap:ContractWithCustomerAssetNet
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
249317
|
monetaryItemType
|
table: <entity> 249317 </entity> <entity type> monetaryItemType </entity type> <context> Other receivables and lease inducements | | 249,317 | | | 214,657 </context>
|
us-gaap:OtherReceivables
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
214657
|
monetaryItemType
|
table: <entity> 214657 </entity> <entity type> monetaryItemType </entity type> <context> Other receivables and lease inducements | | 249,317 | | | 214,657 </context>
|
us-gaap:OtherReceivables
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
643664
|
monetaryItemType
|
table: <entity> 643664 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill | 643,664 | 643,897 </context>
|
us-gaap:Goodwill
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
643897
|
monetaryItemType
|
table: <entity> 643897 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill | 643,664 | 643,897 </context>
|
us-gaap:Goodwill
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
189476
|
monetaryItemType
|
table: <entity> 189476 </entity> <entity type> monetaryItemType </entity type> <context> Other assets | 189,476 | 147,686 </context>
|
us-gaap:OtherAssets
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
147686
|
monetaryItemType
|
table: <entity> 147686 </entity> <entity type> monetaryItemType </entity type> <context> Other assets | 189,476 | 147,686 </context>
|
us-gaap:OtherAssets
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
9897891
|
monetaryItemType
|
table: <entity> 9897891 </entity> <entity type> monetaryItemType </entity type> <context> Total assets | $ | 9,897,891 | $ | 9,117,402 </context>
|
us-gaap:Assets
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
9117402
|
monetaryItemType
|
table: <entity> 9117402 </entity> <entity type> monetaryItemType </entity type> <context> Total assets | $ | 9,897,891 | $ | 9,117,402 </context>
|
us-gaap:Assets
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
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table
|
20397
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monetaryItemType
|
table: <entity> 20397 </entity> <entity type> monetaryItemType </entity type> <context> Revolving credit facility | $ | — | $ | 20,397 </context>
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us-gaap:LineOfCredit
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
243310
|
monetaryItemType
|
table: <entity> 243310 </entity> <entity type> monetaryItemType </entity type> <context> Secured borrowings | 243,310 | 61,963 </context>
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us-gaap:SecuredDebt
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
61963
|
monetaryItemType
|
table: <entity> 61963 </entity> <entity type> monetaryItemType </entity type> <context> Secured borrowings | 243,310 | 61,963 </context>
|
us-gaap:SecuredDebt
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
328193
|
monetaryItemType
|
table: <entity> 328193 </entity> <entity type> monetaryItemType </entity type> <context> Accrued expenses and other liabilities | 328,193 | 287,795 </context>
|
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
287795
|
monetaryItemType
|
table: <entity> 287795 </entity> <entity type> monetaryItemType </entity type> <context> Accrued expenses and other liabilities | 328,193 | 287,795 </context>
|
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
5167052
|
monetaryItemType
|
table: <entity> 5167052 </entity> <entity type> monetaryItemType </entity type> <context> Total liabilities | 5,167,052 | 5,355,111 </context>
|
us-gaap:Liabilities
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
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table
|
5355111
|
monetaryItemType
|
table: <entity> 5355111 </entity> <entity type> monetaryItemType </entity type> <context> Total liabilities | 5,167,052 | 5,355,111 </context>
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us-gaap:Liabilities
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
1.00
|
perShareItemType
|
table: <entity> 1.00 </entity> <entity type> perShareItemType </entity type> <context> None </context>
|
us-gaap:PreferredStockParOrStatedValuePerShare
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
20000
|
sharesItemType
|
table: <entity> 20000 </entity> <entity type> sharesItemType </entity type> <context> None </context>
|
us-gaap:PreferredStockSharesAuthorized
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
0.10
|
perShareItemType
|
table: <entity> 0.10 </entity> <entity type> perShareItemType </entity type> <context> None </context>
|
us-gaap:CommonStockParOrStatedValuePerShare
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
350000
|
sharesItemType
|
table: <entity> 350000 </entity> <entity type> sharesItemType </entity type> <context> None </context>
|
us-gaap:CommonStockSharesAuthorized
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
279129
|
sharesItemType
|
table: <entity> 279129 </entity> <entity type> sharesItemType </entity type> <context> None </context>
|
us-gaap:CommonStockSharesOutstanding
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
245282
|
sharesItemType
|
table: <entity> 245282 </entity> <entity type> sharesItemType </entity type> <context> None </context>
|
us-gaap:CommonStockSharesIssued
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
27912
|
monetaryItemType
|
table: <entity> 27912 </entity> <entity type> monetaryItemType </entity type> <context> Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding | 27,912 | | 24,528 </context>
|
us-gaap:CommonStockValue
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
24528
|
monetaryItemType
|
table: <entity> 24528 </entity> <entity type> monetaryItemType </entity type> <context> Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding | 27,912 | | 24,528 </context>
|
us-gaap:CommonStockValue
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
7915873
|
monetaryItemType
|
table: <entity> 7915873 </entity> <entity type> monetaryItemType </entity type> <context> Additional paid-in capital | 7,915,873 | | 6,671,198 </context>
|
us-gaap:AdditionalPaidInCapital
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
6671198
|
monetaryItemType
|
table: <entity> 6671198 </entity> <entity type> monetaryItemType </entity type> <context> Additional paid-in capital | 7,915,873 | | 6,671,198 </context>
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us-gaap:AdditionalPaidInCapital
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
4086907
|
monetaryItemType
|
table: <entity> 4086907 </entity> <entity type> monetaryItemType </entity type> <context> Cumulative net earnings | 4,086,907 | | 3,680,581 </context>
|
us-gaap:RetainedEarningsAccumulatedDeficit
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
3680581
|
monetaryItemType
|
table: <entity> 3680581 </entity> <entity type> monetaryItemType </entity type> <context> Cumulative net earnings | 4,086,907 | | 3,680,581 </context>
|
us-gaap:RetainedEarningsAccumulatedDeficit
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
7516750
|
monetaryItemType
|
table: <entity> 7516750 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
|
us-gaap:CumulativeDividends
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
6831061
|
monetaryItemType
|
table: <entity> 6831061 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
|
us-gaap:CumulativeDividends
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
22731
|
monetaryItemType
|
table: <entity> 22731 </entity> <entity type> monetaryItemType </entity type> <context> Accumulated other comprehensive income | 22,731 | | 29,338 </context>
|
us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
29338
|
monetaryItemType
|
table: <entity> 29338 </entity> <entity type> monetaryItemType </entity type> <context> Accumulated other comprehensive income | 22,731 | | 29,338 </context>
|
us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
4536673
|
monetaryItemType
|
table: <entity> 4536673 </entity> <entity type> monetaryItemType </entity type> <context> Total stockholders’ equity | 4,536,673 | | 3,574,584 </context>
|
us-gaap:StockholdersEquity
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
3574584
|
monetaryItemType
|
table: <entity> 3574584 </entity> <entity type> monetaryItemType </entity type> <context> Total stockholders’ equity | 4,536,673 | | 3,574,584 </context>
|
us-gaap:StockholdersEquity
|
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>December 31,</td></tr><tr><td> </td><td>2024</td><td></td><td>2023</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>ASSETS</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Real estate assets</td><td> </td><td></td><td></td><td> </td><td></td></tr><tr><td>Buildings and improvements</td><td>$</td><td>7,342,497</td><td></td><td>$</td><td>6,894,045</td></tr><tr><td>Land</td><td> </td><td>996,701</td><td> </td><td> </td><td>870,310</td></tr><tr><td>Furniture and equipment</td><td> </td><td>510,106</td><td> </td><td> </td><td>469,654</td></tr><tr><td>Construction in progress</td><td> </td><td>210,870</td><td> </td><td> </td><td>138,410</td></tr><tr><td>Total real estate assets</td><td> </td><td>9,060,174</td><td> </td><td> </td><td>8,372,419</td></tr><tr><td>Less accumulated depreciation</td><td></td><td>( 2,721,016 )</td><td></td><td></td><td>( 2,469,893 )</td></tr><tr><td>Real estate assets – net</td><td></td><td>6,339,158</td><td></td><td></td><td>5,902,526</td></tr><tr><td>Investments in direct financing leases – net</td><td></td><td>9,453</td><td></td><td></td><td>8,716</td></tr><tr><td>Real estate loans receivable – net</td><td></td><td>1,428,298</td><td></td><td></td><td>1,212,162</td></tr><tr><td>Investments in unconsolidated joint ventures</td><td></td><td>88,711</td><td></td><td></td><td>188,409</td></tr><tr><td>Assets held for sale</td><td></td><td>56,194</td><td></td><td></td><td>67,116</td></tr><tr><td>Total real estate investments</td><td> </td><td>7,921,814</td><td> </td><td> </td><td>7,378,929</td></tr><tr><td>Non-real estate loans receivable – net</td><td></td><td>332,274</td><td></td><td></td><td>275,615</td></tr><tr><td>Total investments</td><td></td><td>8,254,088</td><td></td><td></td><td>7,654,544</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Cash and cash equivalents</td><td></td><td>518,340</td><td></td><td></td><td>442,810</td></tr><tr><td>Restricted cash</td><td></td><td>30,395</td><td></td><td></td><td>1,920</td></tr><tr><td>Contractual receivables – net</td><td></td><td>12,611</td><td></td><td></td><td>11,888</td></tr><tr><td>Other receivables and lease inducements</td><td> </td><td>249,317</td><td> </td><td> </td><td>214,657</td></tr><tr><td>Goodwill</td><td></td><td>643,664</td><td></td><td></td><td>643,897</td></tr><tr><td>Other assets</td><td></td><td>189,476</td><td></td><td></td><td>147,686</td></tr><tr><td>Total assets</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>LIABILITIES AND EQUITY</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving credit facility</td><td>$</td><td>—</td><td></td><td>$</td><td>20,397</td></tr><tr><td>Secured borrowings</td><td></td><td>243,310</td><td></td><td></td><td>61,963</td></tr><tr><td>Senior notes and other unsecured borrowings – net</td><td></td><td>4,595,549</td><td></td><td></td><td>4,984,956</td></tr><tr><td>Accrued expenses and other liabilities</td><td></td><td>328,193</td><td></td><td></td><td>287,795</td></tr><tr><td>Total liabilities</td><td></td><td>5,167,052</td><td></td><td></td><td>5,355,111</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Preferred stock $ 1.00 par value authorized – 20,000 shares, issued and outstanding – none</td><td> </td><td>— — —</td><td> </td><td> </td><td>— — —</td></tr><tr><td>Common stock $ 0.10 par value authorized – 350,000 shares, issued and outstanding – 279,129 shares as of December 31, 2024 and 245,282 shares as of December 31, 2023 issued issued outstanding outstanding</td><td></td><td>27,912</td><td></td><td> </td><td>24,528</td></tr><tr><td>Additional paid-in capital</td><td></td><td>7,915,873</td><td></td><td> </td><td>6,671,198</td></tr><tr><td>Cumulative net earnings</td><td></td><td>4,086,907</td><td></td><td> </td><td>3,680,581</td></tr><tr><td>Cumulative dividends paid</td><td></td><td>( 7,516,750 )</td><td></td><td> </td><td>( 6,831,061 )</td></tr><tr><td>Accumulated other comprehensive income</td><td></td><td>22,731</td><td></td><td> </td><td>29,338</td></tr><tr><td>Total stockholders’ equity</td><td></td><td>4,536,673</td><td></td><td> </td><td>3,574,584</td></tr><tr><td>Noncontrolling interest</td><td></td><td>194,166</td><td></td><td> </td><td>187,707</td></tr><tr><td>Total equity</td><td></td><td>4,730,839</td><td></td><td> </td><td>3,762,291</td></tr><tr><td>Total liabilities and equity</td><td>$</td><td>9,897,891</td><td></td><td>$</td><td>9,117,402</td></tr></table>
|
table
|
194166
|
monetaryItemType
|
table: <entity> 194166 </entity> <entity type> monetaryItemType </entity type> <context> Noncontrolling interest | 194,166 | | 187,707 </context>
|
us-gaap:MinorityInterest
|
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