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Debt Facilities (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Summary of debt

As of June 30, 2021 and December 31, 2020, our mortgage and loans payable consisted of the following (in thousands):

			June 30, 2021						December 31, 2020
Term loans			$	578,084					$	1,292,067
Mortgage payable and loans payable			74,761						78,903
			652,845						1,370,970
Less amount representing unamortized debt discount and debt issuance cost			(565)						(3,288)
Add amount representing unamortized mortgage premium			1,741						1,861
			654,021						1,369,543
Less current portion			(42,580)						(82,289)
Total			$	611,441					$	1,287,254

As of June 30, 2021 and December 31, 2020, our senior notes consisted of the following (in thousands):

			June 30, 2021												December 31, 2020
			Amount						Effective Rate						Amount						Effective Rate
5.000% Infomart Senior Notes			$	—					—		%				$	150,000					4.51		%
2.625% Senior Notes due 2024			1,000,000						2.79		%				1,000,000						2.79		%
1.250% Senior Notes due 2025			500,000						1.46		%				500,000						1.46		%
1.000% Senior Notes Due 2025			700,000						1.18		%				700,000						1.18		%
2.900% Senior Notes due 2026			600,000						3.04		%				600,000						3.04		%
2.875% Euro Senior Notes due 2026			—						—		%				611,050						3.04		%
1.450% Senior Notes due 2026			700,000						1.64		%				—						—		%
0.250% Euro Senior Notes due 2027			592,500						0.45		%				—						—		%
1.800% Senior Notes due 2027			500,000						1.96		%				500,000						1.96		%
5.375% Senior Notes due 2027			—						—		%				1,250,000						5.51		%
1.550% Senior Notes due 2028			650,000						1.67		%				650,000						1.67		%
2.000% Senior Notes due 2028			400,000						2.21		%				—						—		%
3.200% Senior Notes due 2029			1,200,000						3.30		%				1,200,000						3.30		%
2.150% Senior Notes due 2030			1,100,000						2.27		%				1,100,000						2.27		%
2.500% Senior Notes due 2031			1,000,000						2.65		%				—						—		%
1.000% Euro Senior Notes due 2033			711,000						1.18		%				—						—		%
3.000% Senior Notes due 2050			500,000						3.09		%				500,000						3.09		%
2.950% Senior Notes due 2051			500,000						3.00		%				500,000						3.00		%
3.400% Senior Notes due 2052			500,000						3.50		%				—						—		%
			11,153,500												9,261,050
Less amount representing unamortized debt issuance cost			(126,257)												(92,773)
Add amount representing unamortized debt premium			—												186
			11,027,243												9,168,463
Less current portion			—												(150,186)
Total			$	11,027,243											$	9,018,277

Summary of maturities of debt instruments

The following table sets forth maturities of our debt, including mortgage and loans payable, and senior notes, gross of debt issuance costs, debt discounts and debt premiums, as of June 30, 2021 (in thousands):

Years ending:
2021 (6 months remaining)			$	21,357
2022			595,170
2023			6,832
2024			1,006,379
2025			1,204,769
Thereafter			8,973,579
Total			$	11,808,086

Fair value of debt instruments

The following table sets forth the estimated fair values of our mortgage and loans payable and senior notes, including current maturities, as of (in thousands):

			June 30, 2021						December 31, 2020
Mortgage and loans payable			$	657,921					$	1,379,129
Senior notes			11,301,438						9,705,486

Schedule of interest charges incurred

The following table sets forth total interest costs incurred, and total interest costs capitalized for the periods presented (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Interest expense			$	87,231					$	108,480					$	176,912					$	215,818
Interest capitalized			6,684						6,880						12,792						12,911
Interest charges incurred			$	93,915					$	115,360					$	189,704					$	228,729

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