v3.26.3
Notes Payable (Narrative) (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 01, 2026
USD ($)
derivative
Jul. 20, 2026
USD ($)
Apr. 22, 2026
USD ($)
interest_rate_swap
Apr. 06, 2026
USD ($)
Sep. 30, 2026
USD ($)
tranche
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
tranche
interest_rate_swap
Sep. 30, 2025
USD ($)
Sep. 30, 2026
CAD ($)
tranche
Feb. 15, 2026
USD ($)
Dec. 31, 2025
USD ($)
Oct. 03, 2025
EUR (€)
Apr. 11, 2024
EUR (€)
Sep. 09, 2021
EUR (€)
Jan. 24, 2020
EUR (€)
Debt Instrument [Line Items]                              
Number of interest rate swaps | interest_rate_swap     4                        
Interest expense         $ 102,534,000 $ 79,692,000 $ 267,333,000 $ 223,310,000              
Total debt         12,094,254,000   12,094,254,000       $ 10,310,320,000        
Foreign currency exchange gain (loss)         9,868,000 899,000 68,728,000 (213,866,000)              
Interest capitalized as real estate             3,900,000 5,000,000.0              
PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Other comprehensive income (loss)         10,600,000   10,600,000                
Interest expense         800,000   800,000                
NSA Merger                              
Debt Instrument [Line Items]                              
Mortgage debt assumed $ 167,000,000                            
Interest Rate Swap                              
Debt Instrument [Line Items]                              
Notional amount     $ 1,000,000,000                        
Change in fair value of derivatives designated as hedging instruments             54,300,000                
Interest Rate Swap | Deal Contingent Swap | NSA Merger                              
Debt Instrument [Line Items]                              
Notional amount   $ 500,000,000     500,000,000   500,000,000                
Derivative, fair value         $ 37,600,000   37,600,000                
Other comprehensive income (loss)   6,800,000                          
Unrealized losses on derivatives             $ 5,900,000                
Cross Currency Interest Rate Contract | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Notional amount $ 900,000,000.0                            
Number of cross currency swaps | derivative 2                            
Fixed-For-Fixed Cross-Currency Swap | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Interest rate spread (in percent) 0.854%                            
Fixed-For-Fixed Cross-Currency Swap | Deal Contingent Swap | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Notional amount $ 400,000,000.0                            
U.S. Dollar Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt to total assets ratio (in percent)         20.00%   20.00%   20.00%            
Adjusted EBTIDA to interest expense ratio             10                
Total debt         $ 9,625,000,000   $ 9,625,000,000       8,225,000,000        
U.S. Dollar Denominated Unsecured Debt | Minimum                              
Debt Instrument [Line Items]                              
Adjusted EBTIDA to interest expense ratio             1.5                
U.S. Dollar Denominated Unsecured Debt | Floating-For-Floating Cross-Currency Swap | Deal Contingent Swap | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Notional amount $ 500,000,000.0                            
Senior Notes                              
Debt Instrument [Line Items]                              
Net proceeds from offering   886,000,000                          
Euro Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Number of tranches | tranche         4   4   4            
Total debt         $ 2,013,241,000   $ 2,013,241,000       2,083,744,000        
Foreign currency exchange gain (loss)         10,900,000 $ 900,000 70,400,000 $ (215,400,000)              
CAD Denominated Unsecured Notes                              
Debt Instrument [Line Items]                              
Total debt                 $ 400            
CAD Denominated Unsecured Notes | Fixed-For-Fixed Cross-Currency Swap | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Interest rate spread (in percent) 0.00%                            
Unsecured Debt                              
Debt Instrument [Line Items]                              
Total debt         $ 11,919,881,000   $ 11,919,881,000                
Unsecured Debt | Floating-For-Floating Cross-Currency Swap | Secured Overnight Financing Rate (SOFR) | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Interest rate spread (in percent) 0.70%                            
Unsecured Debt | Floating-For-Floating Cross-Currency Swap | Canadian Overnight Report Rate Average | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Interest rate spread (in percent) 0.78%                            
Notes due February 15, 2026 | U.S. Dollar Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt issuance amount                   $ 500,000,000          
Interest rate (in percent)         0.875%   0.875%   0.875% 0.875%          
Total debt         $ 0   $ 0       500,000,000        
5.000% Senior Notes Due 2035 | Senior Notes                              
Debt Instrument [Line Items]                              
Debt issuance amount       $ 500,000,000                      
Interest rate (in percent)       5.00%                      
Net proceeds from offering       $ 493,700,000                      
4.855% Senior Notes Due 2036 | Senior Notes                              
Debt Instrument [Line Items]                              
Debt issuance amount   $ 900,000,000                          
Interest rate (in percent)   4.855%                          
4.700% Senior Notes Due 2032 | Cross Currency Interest Rate Contract | Deal Contingent Swap | PS Canada Holding , LLC                              
Debt Instrument [Line Items]                              
Interest rate (in percent) 4.70%                            
4.700% Senior Notes Due 2032 | Senior Notes                              
Debt Instrument [Line Items]                              
Debt issuance amount   $ 400,000,000                          
Interest rate (in percent)   4.70%                          
5.150% Senior Notes Due 2036 | Senior Notes                              
Debt Instrument [Line Items]                              
Debt issuance amount   $ 500,000,000                          
Interest rate (in percent)   5.15%                          
Notes due July 1, 2030 | Interest Rate Swap                              
Debt Instrument [Line Items]                              
Derivative, fair value         $ (21,800,000)   $ (21,800,000)                
Notes due July 1, 2030 | U.S. Dollar Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Interest rate (in percent)         4.375%   4.375%   4.375%            
Total debt         $ 475,000,000   $ 475,000,000       475,000,000        
Notes due July 1, 2030 | Senior Notes                              
Debt Instrument [Line Items]                              
Interest rate spread (in percent)             0.92%                
Notes due July 1, 2030 | Senior Notes | Interest Rate Swap                              
Debt Instrument [Line Items]                              
Number of interest rate swaps | interest_rate_swap             3                
Notional amount         $ 475,000,000   $ 475,000,000                
Maximum Covenant | U.S. Dollar Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt to total assets ratio (in percent)         65.00%   65.00%   65.00%            
Notes due January 24, 2032 | Euro Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt issuance amount | €                             € 500,000,000.0
Interest rate (in percent)         0.875%   0.875%   0.875%            
Total debt         $ 567,110,000   $ 567,110,000       586,970,000        
Notes due September 9, 2030 | Euro Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt issuance amount | €                           € 700,000,000.0  
Interest rate (in percent)         0.50%   0.50%   0.50%            
Total debt         $ 793,954,000   $ 793,954,000       821,758,000        
Notes due April 11, 2039 | Euro Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt issuance amount | €                         € 150,000,000.0    
Interest rate (in percent)         4.08%   4.08%   4.08%            
Total debt         $ 170,133,000   $ 170,133,000       176,091,000        
Notes due January 20, 2034 | Euro Denominated Unsecured Debt                              
Debt Instrument [Line Items]                              
Debt issuance amount | €                       € 425,000,000.0      
Interest rate (in percent)         3.50%   3.50%   3.50%            
Total debt         $ 482,044,000   $ 482,044,000       $ 498,925,000        
Mortgage Debt | Minimum                              
Debt Instrument [Line Items]                              
Interest rate (in percent)         2.80%   2.80%   2.80%            
Mortgage Debt | Maximum                              
Debt Instrument [Line Items]                              
Interest rate (in percent)         7.10%   7.10%   7.10%            
Euro notes due January 20, 2034 | Euro Denominated Unsecured Notes                              
Debt Instrument [Line Items]                              
Debt issuance amount $ 370,000,000                            
Other comprehensive income         $ 200,000