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v3.22.4

Derivative Instruments and Hedging Activities (Details) | 1 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Sep. 30, 2022 USD ($) extension interest_rate_swap | Nov. 30, 2016 USD ($) | Dec. 31, 2022 USD ($) instrument | Dec. 31, 2021 USD ($) instrument | Dec. 31, 2020 USD ($) | Dec. 31, 2017 instrument | Dec. 31, 2016 instrument | Oct. 31, 2016 USD ($)
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of interest rate swaps | interest_rate_swap | 1 |  |  |  |  |  |  |
Debt instrument face amount |  |  | $ 5,350,000,000 | $ 5,350,000,000 |  |  |  |
Unsecured debt, net |  |  | 5,312,168,000 | 5,307,196,000 |  |  |  |
Hedge ineffectiveness related to cash flow hedges |  |  | 54,158,000 | 9,170,000 | $ (4,148,000) |  |  |
Total return swap income |  |  | 7,907,000 | 10,774,000 | 10,733,000 |  |  |
Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Hedge ineffectiveness related to cash flow hedges |  |  | 0 | 0 | 0 |  |  |
Not Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Total return swap income |  |  | 7,900,000 | $ 10,800,000 | $ 10,700,000 |  |  |
Interest Rate Swap | Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of derivative instruments held | instrument |  |  |  | 5 |  | 1 | 4 |
Derivative fair value |  |  | 5,600,000 | $ 0 |  |  |  |
Aggregate carrying value of the interest rate swap contracts |  |  | 5,600,000 |  |  |  |  |
Interest Rate Cap | Not Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative notional amount |  |  | $ 0 | 0 |  |  |  |
Total Return Swap Callable | Not Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of derivative instruments held | instrument |  |  | 4 |  |  |  |  |
Total Return Swap | Not Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fair value |  |  | $ 0 | 0 |  |  |  |
Variable Rate Term Loan |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Basis spread on rate |  | 0.95% |  |  |  |  |  |
Unsecured debt, net |  | $ 350,000,000 |  |  |  |  |  | $ 225,000,000
Debt instrument, term |  | 5 years |  |  |  |  |  |
Variable Rate Term Loan | Interest Rate Swap | Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative notional amount |  |  |  | $ 175,000,000 |  |  |  |
Variable Rate Mortgage Notes Payable |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative notional amount |  |  | 223,600,000 |  |  |  |  |
Bond subject to interest rate caps |  |  | 223,600,000 |  |  |  |  |
Mortgage Notes Payable | Total Return Swap Callable | Not Designated as Hedging Instrument |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative notional amount |  |  | $ 223,600,000 |  |  |  |  |
Term Loan |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of extension options | extension | 3 |  |  |  |  |  |  |
Extension period | 12 months |  |  |  |  |  |  |
Delayed draw feature period |  |  | 6 months |  |  |  |  |
Unsecured Bonds 0.850% |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Debt instrument face amount | $ 300,000,000 |  |  |  |  |  |  |
Unsecured Bonds 0.850% | Adjusted SOFR |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Basis spread on rate | 0.85% |  |  |  |  |  |  |
Coupon rate | 4.20% |  |  |  |  |  |  |

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