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DEBT, NET (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Our debt, net is summarized as follows:
| December 31, 2021 |  | December 31, 2020
| Outstanding Borrowings |  | Stated Interest Rate |  | Maturity Date |  | Outstanding Borrowings
Loans payable |  |  |  |  |  |  |
DRP Revolver (1) | $ | 25,000 |  |  | (i) Base Rate + 2.75%; or (ii) Base Rate + 3.75% (Eurodollar) |  | 11/5/24 |  | $ | 25,000 |
Revolving Credit Facility (2) | 189,473 |  |  | (i) Base Rate + 2.00%; or (ii) Adjusted Term SOFR Rate + 3.00% |  | 12/2/24 |  | — |
EB-5 Loan Agreement | 26,100 |  |  | 5.75% |  | 1/25/26 |  | — |
2021 Bridge Loans | 100,527 |  |  | (i) Base Rate + 1.75%; or (ii) Adjusted Term SOFR Rate + 2.75% |  | 12/15/22 |  | — |
Total loans payable | 341,100 |  |  |  |  |  |  | 25,000 |
Bonds payable |  |  |  |  |  |  |
Series 2020 Bonds | 263,980 |  |  | (i) Tax Exempt Series 2020A Bonds: 3.625% (ii) Tax Exempt Series 2020A Bonds: 4.00% (iii) Taxable Series 2020B Bonds: 6.00% |  | (i) 1/1/35 (ii) 1/1/50 (iii) 1/1/25 |  | 263,980 |
Series 2021 Bonds | 425,000 |  |  | (i) Series 2021A Bonds: 1.875% to 3.000% (ii) Series 2021B Bonds: 4.100% |  | (i) 1/1/26 to 1/1/50 (ii) 1/1/28 |  | — |
Senior Notes due 2022 (3) | — |  |  | N/A |  | N/A |  | 399,331 |
Senior Notes due 2025 (4) | 852,198 |  |  | 6.50% |  | 10/1/25 |  | 852,673 |
Senior Notes due 2027 | 400,000 |  |  | 9.75% |  | 8/1/27 |  | 400,000 |
Senior Notes due 2028 (5) | 1,002,416 |  |  | 5.50% |  | 5/1/28 |  | — |
Total bonds payable | 2,943,594 |  |  |  |  |  |  | 1,915,984 |
Debt | 3,284,694 |  |  |  |  |  |  | 1,940,984 |
Less: Debt issuance costs | (64,483) |  |  |  |  |  |  | (36,222) |
Total debt, net | $ | 3,220,211 |  |  |  |  |  |  | $ | 1,904,762 |
Total debt due within one year | $ | 100,527 |  |  |  |  |  |  | $ | 25,000 |
______________________________________________________________________________________ (1) Requires a quarterly commitment fee at a rate of 0.875% on the average daily unused portion, as well as customary letter of credit fees and agency fees. (2) Requires a quarterly commitment fee at a rate of 0.50% on the average daily unused portion, as well as customary letter of credit fees and agency fees. (3) Includes unamortized discount of $2,230 and an unamortized premium of $1,561 at December 31, 2020 . (4) Includes unamortized discount of $3,509 and $4,303 at December 31, 2021 and 2020, respectively, and an unamortized premium of $5,707 and $6,976 at December 31, 2021 and 2020, respectively. (5) Includes an unamortized premium of $2,416 at December 31, 2021.
Schedule of Maturities of Long-term Debt | As of December 31, 2021, scheduled principal repayments under our debt agreements for the next five years and thereafter are summarized as follows:
| 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter |  | Total
DRP Revolver | $ | — |  |  | $ | — |  |  | $ | 25,000 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 25,000 |
Revolving Credit Facility | — |  |  | — |  |  | 189,473 |  |  | — |  |  | — |  |  | — |  |  | 189,473 |
EB-5 Loan Agreement | — |  |  | — |  |  | — |  |  | — |  |  | 26,100 |  |  | — |  |  | 26,100 |
2021 Bridge Loans | 100,527 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 100,527 |
Series 2020 Bonds | — |  |  | — |  |  | — |  |  | 79,060 |  |  | — |  |  | 184,920 |  |  | 263,980 |
Series 2021 Bonds | — |  |  | — |  |  | — |  |  | — |  |  | 9,025 |  |  | 415,975 |  |  | 425,000 |
Senior Notes due 2025 | — |  |  | — |  |  | — |  |  | 850,000 |  |  | — |  |  | — |  |  | 850,000 |
Senior Notes due 2027 | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 400,000 |  |  | 400,000 |
Senior Notes due 2028 | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,000,000 |  |  | 1,000,000 |
Total principal payments on loans and bonds payable | $ | 100,527 |  |  | $ | — |  |  | $ | 214,473 |  |  | $ | 929,060 |  |  | $ | 35,125 |  |  | $ | 2,000,895 |  |  | $ | 3,280,080 |

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