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SENIOR NOTES PAYABLE AND OTHER DEBT (Tables) | 9 Months Ended
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Sep. 30, 2024
Debt Disclosure [Abstract] |
Summary of Senior Notes Payable and Other Debt | The following is a summary of our senior notes payable and other debt (dollars in thousands):
|  |  | As of September 30, 2024 |  | As of December 31, 2023
Unsecured revolving credit facility (1)(2) |  |  | $ | 7,922 |  |  | $ | 14,006 |
Commercial paper notes |  |  | — |  |  | — |
3.50% Senior Notes due 2024 |  |  | — |  |  | 400,000 |
3.75% Senior Notes due 2024 |  |  | — |  |  | 400,000 |
4.125% Senior Notes, Series B due 2024 (2) |  |  | — |  |  | 123,256 |
2.80% Senior Notes, Series E due 2024 (2) |  |  | — |  |  | 55,143 |
Unsecured term loan due 2025 (2) |  |  | — |  |  | 377,501 |
2.65% Senior Notes due 2025 |  |  | 450,000 |  |  | 450,000 |
3.50% Senior Notes due 2025 |  |  | 600,000 |  |  | 600,000 |
4.125% Senior Notes due 2026 |  |  | 500,000 |  |  | 500,000 |
3.75% Exchangeable Senior Notes due 2026 |  |  | 862,500 |  |  | 862,500 |
3.25% Senior Notes due 2026 |  |  | 450,000 |  |  | 450,000 |
Unsecured term loan due February 2027 |  |  | 200,000 |  |  | 200,000 |
Unsecured term loan due June 2027 |  |  | 500,000 |  |  | 500,000 |
2.45% Senior Notes, Series G due 2027 (2) |  |  | 351,227 |  |  | 358,626 |
3.85% Senior Notes due 2027 |  |  | 400,000 |  |  | 400,000 |
4.00% Senior Notes due 2028 |  |  | 650,000 |  |  | 650,000 |
5.398% Senior Notes, Series I due 2028 (2) |  |  | 443,656 |  |  | 453,001 |
4.40% Senior Notes due 2029 |  |  | 750,000 |  |  | 750,000 |
5.10% Senior Notes, Series J due 2029 (2) |  |  | 480,627 |  |  | — |
3.00% Senior Notes due 2030 |  |  | 650,000 |  |  | 650,000 |
4.75% Senior Notes due 2030 |  |  | 500,000 |  |  | 500,000 |
2.50% Senior Notes due 2031 |  |  | 500,000 |  |  | 500,000 |
3.30% Senior Notes, Series H due 2031 (2) |  |  | 221,828 |  |  | 226,501 |
5.625% Senior Note due 2034 |  |  | 500,000 |  |  | — |
5.00% Senior Notes due 2035 |  |  | 550,000 |  |  | — |
6.90% Senior Notes due 2037 (3) |  |  | 52,400 |  |  | 52,400 |
6.59% Senior Notes due 2038 (3) |  |  | 21,413 |  |  | 21,413 |
5.70% Senior Notes due 2043 |  |  | 300,000 |  |  | 300,000 |
4.375% Senior Notes due 2045 |  |  | 300,000 |  |  | 300,000 |
4.875% Senior Notes due 2049 |  |  | 300,000 |  |  | 300,000 |
Mortgage loans and other |  |  | 3,230,447 |  |  | 3,174,251 |
Total |  |  | 13,772,020 |  |  | 13,568,598 |
Deferred financing costs, net |  |  | (98,717) |  |  | (84,034) |
Unamortized fair value adjustment |  |  | 12,086 |  |  | 17,081 |
Unamortized discounts |  |  | (16,518) |  |  | (10,749) |
Senior notes payable and other debt |  |  | $ | 13,668,871 |  |  | $ | 13,490,896 |
______________________________ (1)As of September 30, 2024 and December 31, 2023, aggregate Canadian Dollar borrowings of C$8.0 million ($5.9 million) and zero were outstanding. As of September 30, 2024 and December 31, 2023, aggregate British Pound borrowings of £1.5 million ($2.0 million) and £11.0 million ($14.0 million) were outstanding, respectively. (2)British Pound and Canadian Dollar debt obligations shown in US Dollars. (3)Our 6.90% Senior Notes due 2037 are subject to repurchase at the option of the holders, at par, on October 1, 2027, and our 6.59% Senior Notes due 2038 are subject to repurchase at the option of the holders, at par, on July 7, 2028.
Scheduled Maturities of Borrowing Arrangements and Other Provisions Excluding Capital Lease Obligations | As of September 30, 2024, our indebtedness had the following maturities (dollars in thousands):
| Principal Amount Due at Maturity |  | Unsecured Revolving Credit Facility and Commercial Paper Notes |  | Scheduled Periodic Amortization |  | Total Maturities
2024 | $ | 42,528 |  |  | $ | — |  |  | $ | 14,484 |  |  | $ | 57,012 |
2025 | 1,772,771 |  |  | — |  |  | 49,211 |  |  | 1,821,982 |
2026 | 2,034,264 |  |  | — |  |  | 43,140 |  |  | 2,077,404 |
2027 | 1,574,590 |  |  | — |  |  | 43,318 |  |  | 1,617,908 |
2028 | 1,485,324 |  |  | 7,922 |  |  | 36,295 |  |  | 1,529,541 |
Thereafter | 6,537,767 |  |  | — |  |  | 130,406 |  |  | 6,668,173 |
Total maturities | $ | 13,447,244 |  |  | $ | 7,922 |  |  | $ | 316,854 |  |  | $ | 13,772,020 |

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