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v3.23.2

Notes Payable - Narrative (Details) - Notes payable € in Millions, $ in Millions | 3 Months Ended | 6 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Jul. 31, 2023 EUR (€) | Jun. 30, 2023 GBP (£) | Jan. 31, 2022 GBP (£) | Jul. 31, 2021 GBP (£) | Oct. 31, 2020 GBP (£)
Debt |  |  |  |  |  |  |  |  |
Weighted average interest rate (as a percent) |  |  |  |  |  | 3.60% |  |  |
Weighted average remaining years until maturity |  |  | 6 years 8 months 12 days |  |  |  |  |  |
Interest incurred on notes and bonds | $ | $ 144.1 | $ 103.0 | $ 274.4 | $ 206.1 |  |  |  |  |
1.625% Notes due 2030 |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) |  |  |  |  |  | £ 400,000,000 |  |  | £ 400,000,000
Interest rate (as a percent) |  |  |  |  |  | 1.625% |  |  | 0.01625%
1.125% Notes due 2027 |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) |  |  |  |  |  | £ 400,000,000 |  | £ 400,000,000 |
Interest rate (as a percent) |  |  |  |  |  | 1.125% |  | 0.01125% |
1.750% Notes due 2033 |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) |  |  |  |  |  | £ 350,000,000 |  | £ 350,000,000 |
Interest rate (as a percent) |  |  |  |  |  | 1.75% |  | 0.0175% |
1.875% Notes due 2027 |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) |  |  |  |  |  | £ 250,000,000 | £ 250,000,000 |  |
Interest rate (as a percent) |  |  |  |  |  | 1.875% | 0.01875% |  |
2.500% Notes due 2042 |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) |  |  |  |  |  | £ 250,000,000 | £ 250,000,000 |  |
Interest rate (as a percent) |  |  |  |  |  | 2.50% | 0.025% |  |
4.875% Notes due 2030 | Subsequent event |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) | € |  |  |  |  | € 550.0 |  |  |  |
Interest rate (as a percent) |  |  |  |  | 4.875% |  |  |  |
5.125% Notes due 2034 | Subsequent event |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Principal (Currency Denomination) | € |  |  |  |  | € 550.0 |  |  |  |
Interest rate (as a percent) |  |  |  |  | 5.125% |  |  |  |
Maximum |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Debt to total adjusted assets ratio (as a percent) |  |  | 60.00% |  |  |  |  |  |
Secured debt to total adjusted assets ratio (as a percent) |  |  | 40.00% |  |  |  |  |  |
Minimum |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |
Debt service coverage ratio |  |  | 1.5 |  |  |  |  |  |
Total unencumbered assets as a percentage of outstanding unsecured debt |  |  | 150.00% |  |  |  |  |  |

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