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v3.22.4

Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Payable [Abstract] |
Notes Payable | Our notes payable at December 31, 2022 and 2021 are set forth in the tables below:
|  |  |  |  | Amounts at December 31, 2022
| Coupon Rate |  | Effective Rate |  | Principal |  | Unamortized Costs | Book Value |  | Fair Value
|  |  |  |  | ($ amounts in thousands)
U.S. Dollar Denominated Unsecured Debt |  |  |  |  |  |  |  |
Notes due April 23, 2024 | SOFR+0.47% |  | 2.831% |  | $ | 700,000 |  |  | $ | (925) |  |  | $ | 699,075 |  |  | $ | 691,309 |
Notes due February 15, 2026 | 0.875% |  | 1.030% |  | 500,000 |  |  | (2,322) |  |  | 497,678 |  |  | 441,849 |
Notes due November 9, 2026 | 1.500% |  | 1.640% |  | 650,000 |  |  | (3,357) |  |  | 646,643 |  |  | 578,899 |
Notes due September 15, 2027 | 3.094% |  | 3.218% |  | 500,000 |  |  | (2,492) |  |  | 497,508 |  |  | 466,029 |
Notes due May 1, 2028 | 1.850% |  | 1.962% |  | 650,000 |  |  | (3,599) |  |  | 646,401 |  |  | 558,197 |
Notes due November 9, 2028 | 1.950% |  | 2.044% |  | 550,000 |  |  | (2,818) |  |  | 547,182 |  |  | 468,509 |
Notes due May 1, 2029 | 3.385% |  | 3.459% |  | 500,000 |  |  | (1,947) |  |  | 498,053 |  |  | 456,855 |
Notes due May 1, 2031 | 2.300% |  | 2.419% |  | 650,000 |  |  | (5,697) |  |  | 644,303 |  |  | 530,390 |
Notes due November 9, 2031 | 2.250% |  | 2.322% |  | 550,000 |  |  | (3,134) |  |  | 546,866 |  |  | 443,514 |
|  |  |  |  | 5,250,000 |  |  | (26,291) |  |  | 5,223,709 |  |  | 4,635,551 |
Euro Denominated Unsecured Debt |  |  |  |  |  |  |  |  |  |
Notes due April 12, 2024 | 1.540% |  | 1.540% |  | 107,035 |  |  | — |  |  | 107,035 |  |  | 104,344 |
Notes due November 3, 2025 | 2.175% |  | 2.175% |  | 259,039 |  |  | — |  |  | 259,039 |  |  | 246,119 |
Notes due September 9, 2030 | 0.500% |  | 0.640% |  | 749,245 |  |  | (8,611) |  |  | 740,634 |  |  | 566,204 |
Notes due January 24, 2032 | 0.875% |  | 0.978% |  | 535,175 |  |  | (4,858) |  |  | 530,317 |  |  | 396,297 |
|  |  |  |  | 1,650,494 |  |  | (13,469) |  |  | 1,637,025 |  |  | 1,312,964 |
Mortgage Debt, secured by 5 real estate facilities with a net book value of $17.0 million | 3.410% |  | 3.410% |  | 10,092 |  |  | — |  |  | 10,092 |  |  | 9,568 |
|  |  |  |  | $ | 6,910,586 |  |  | $ | (39,760) |  |  | $ | 6,870,826 |  |  | $ | 5,958,083 |
| Amounts at
| December 31, 2021
| Book Value |  | Fair Value
| ($ amounts in thousands)
U.S. Dollar Denominated Unsecured Debt |  |  |
Notes due September 15, 2022 | $ | 499,637 |  |  | $ | 506,362 |
Notes due April 23, 2024 | 698,372 |  |  | 700,314 |
Notes due February 15, 2026 | 496,939 |  |  | 488,141 |
Notes due November 9, 2026 | 645,773 |  |  | 649,996 |
Notes due September 15, 2027 | 496,980 |  |  | 535,206 |
Notes due May 1, 2028 | 645,724 |  |  | 649,221 |
Notes due November 9, 2028 | 546,701 |  |  | 548,241 |
Notes due May 1, 2029 | 497,743 |  |  | 545,580 |
Notes due May 1, 2031 | 643,617 |  |  | 656,546 |
Notes due November 9, 2031 | 546,512 |  |  | 551,932 |
| 5,717,998 |  |  | 5,831,539 |
Euro Denominated Unsecured Debt |  |  |
Notes due April 12, 2024 | 113,431 |  |  | 117,526 |
Notes due November 3, 2025 | 274,518 |  |  | 295,256 |
Notes due September 9, 2030 | 784,287 |  |  | 769,561 |
Notes due January 24, 2032 | 561,761 |  |  | 551,842 |
| 1,733,997 |  |  | 1,734,185 |
Mortgage Debt | 23,284 |  |  | 24,208 |
| $ | 7,475,279 |  |  | $ | 7,589,932 |
Maturities Of Notes Payable | At December 31, 2022, approximate principal maturities of our Notes Payable are as follows (amounts in thousands):
| Unsecured Debt |  | Mortgage Debt |  | Total
2023 | $ | — |  | $ | 8,270 |  | $ | 8,270
2024 | 807,035 |  | 124 |  | 807,159
2025 | 259,039 |  | 131 |  | 259,170
2026 | 1,150,000 |  | 138 |  | 1,150,138
2027 | 500,000 |  | 140 |  | 500,140
Thereafter | 4,184,420 |  | 1,289 |  | 4,185,709
| $ | 6,900,494 |  | $ | 10,092 |  | $ | 6,910,586
Weighted average effective rate | 2.0% |  | 3.4% |  | 2.0%

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