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Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2024
Noncontrolling Interest [Abstract]  
Schedule of the Change in the Carrying Value of all Noncontrolling Interests
The following table represents the change in the carrying value of all noncontrolling interests through March 31, 2024 (in thousands):
Realty Income, L.P. units (1)
Other Noncontrolling InterestsTotal
Carrying value at December 31, 2023
$114,072 $51,430 $165,502 
Contributions
— 214 214 
Distributions (1,423)(845)(2,268)
Allocation of net income
1,402 213 1,615 
Carrying value at March 31, 2024
$114,051 $51,012 $165,063 
(1) 1,795,167 units were outstanding as of both March 31, 2024 and December 31, 2023.