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Debt - Summary of Debt (Details) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Notes Payable, Unsecured Notes and Credit Facility |  |
Credit Facility | $ 0 | $ 0
Commercial paper | 0 | 0
Long-Term Debt, Gross | 8,043,242 | 8,044,042
Deferred financing costs and debt discount | (59,971) | (62,220)
Total | $ 7,983,271 | $ 7,981,822
Weighted average interest rate, debt (as a percent) | 3.40% | 3.50%
Unsecured notes |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Notes Payable | $ 7,300,000 |
Secured Debt |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Notes Payable | 743,242 |
Mortgage Notes Payable, Unsecured Notes, and Term Loans |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Notes Payable | $ 8,043,242 | $ 8,044,042
Weighted average interest rate, debt (as a percent) | 3.40% | 3.50%
Fixed rate unsecured notes | Unsecured notes |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Fixed rate notes | $ 7,300,000 | $ 7,300,000
Weighted average interest rate, debt (as a percent) | 3.30% | 3.30%
Fixed rate mortgage notes payable - conventional and tax-exempt | Secured Debt |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Fixed rate notes | $ 333,892 | $ 333,892
Weighted average interest rate, debt (as a percent) | 3.90% | 3.90%
Variable rate mortgage notes payable - conventional and tax-exempt | Secured Debt |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Variable rate notes | $ 409,350 | $ 410,150
Weighted average interest rate, debt (as a percent) | 5.20% | 5.50%
Credit Facility |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Commercial paper | $ 0 | $ 0
Weighted average interest rate, debt (as a percent) | 0.00% | 0.00%
Commercial paper |  |
Notes Payable, Unsecured Notes and Credit Facility |  |
Weighted average interest rate, debt (as a percent) | 0.00% | 0.00%

X
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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