| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Investment in real estate | 28,830,116 | 28,689,996 | 31,743,917 | 32,160,600 |
| Investments in unconsolidated real estate joint ventures | 30,520 | 30,677 | 39,601 | 40,234 |
| Cash and cash equivalents | 418,720 | 549,062 | 579,474 | 520,545 |
| Restricted cash | 4,665 | 4,693 | 4,705 | 7,403 |
| Tenant receivables | 7,362 | 6,672 | 6,409 | 6,267 |
| Deferred rent | 1,200,047 | 1,179,403 | 1,257,378 | 1,232,719 |
| Deferred leasing costs | 456,405 | 458,311 | 505,241 | 491,074 |
| Investments | 1,536,419 | 1,501,249 | 1,537,638 | 1,476,696 |
| Acquired in-place leases-Leases Acquired In Place | NaN | 204,008 | NaN | NaN |
| Acquired in-place leases | 189,108 | NaN | 235,299 | 255,170 |
| Deferred compensation plan | 53,568 | 53,529 | 51,470 | 49,943 |
| Deferred financing costs unsecured senior line of credit | 36,993 | 39,406 | 41,819 | 44,231 |
| Deposits | 28,472 | 28,618 | 28,790 | 29,772 |
| Furniture, fixtures, equipment, and software | 79,902 | 70,311 | 63,245 | 54,352 |
| Net investment in leases | 59,446 | 58,985 | 57,971 | 60,271 |
| Notes receivable | 260,167 | 258,033 | 220,458 | 216,762 |
| Operating lease right-of-use assets | 693,808 | 697,865 | 713,433 | 717,125 |
| Other assets | 87,894 | 87,036 | 109,789 | 101,423 |
| Prepaid expenses | 64,281 | 33,718 | 47,419 | 27,109 |
| Property, plant, and equipment | 129,504 | 130,263 | 131,092 | 131,933 |
| Other assets | 1,683,143 | 1,661,772 | 1,700,785 | 1,688,091 |
| Total assets | 34,167,397 | 34,081,835 | 37,375,148 | 37,623,629 |
| Secured notes payable | NaN | 0 | 0 | 153,500 |
| Unsecured senior notes payable | 11,166,009 | 12,047,394 | 12,044,999 | 12,042,607 |
| Unsecured senior line of credit and commercial paper | 1,353,986 | 353,161 | 1,548,542 | 1,097,993 |
| Accounts payable and accrued expenses | 368,098 | 510,580 | 514,908 | 406,957 |
| Accrued construction | 243,411 | 314,836 | 306,290 | 328,298 |
| Acquired below-market leases | 126,697 | 133,033 | 145,514 | 153,289 |
| Conditional asset retirement obligations | 34,267 | 34,342 | 45,490 | 45,559 |
| Deferred rent liabilities | 16,090 | 14,659 | 13,366 | 12,123 |
| Operating lease liability | 358,610 | 360,543 | 361,986 | 363,419 |
| Unearned rent and tenant security deposits | 860,519 | 876,252 | 876,854 | 890,689 |
| Other liabilities | 147,090 | 152,828 | 168,318 | 160,506 |
| Accounts payable, accrued expenses, and other liabilities | 2,154,782 | 2,397,073 | 2,432,726 | 2,360,840 |
| Dividends payable | 128,880 | 127,771 | 230,603 | 229,686 |
| Total liabilities | 14,803,657 | 14,925,399 | 16,256,870 | 15,884,626 |
| Redeemable noncontrolling interests | 9,234 | 58,788 | 58,662 | 9,612 |
| Common stock | 1,707 | 1,705 | 1,703 | 1,701 |
| Additional paid-in capital | 15,763,321 | 15,497,760 | 16,669,802 | 17,200,949 |
| Accumulated other comprehensive loss | -30,936 | -29,395 | -32,203 | -27,415 |
| Alexandria real estate equities, inc.s stockholders equity | 15,734,092 | 15,470,070 | 16,639,302 | 17,175,235 |
| Noncontrolling interests | 3,620,414 | 3,627,578 | 4,420,314 | 4,554,156 |
| Total equity | 19,354,506 | 19,097,648 | 21,059,616 | 21,729,391 |
| Total liabilities, noncontrolling interests, and equity | 34,167,397 | 34,081,835 | 37,375,148 | 37,623,629 |
ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE)
ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE)