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DEBT, NET (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our debt, net is summarized as follows:
September 30, 2022December 31, 2021
Outstanding BorrowingsStated Interest RateMaturity DateOutstanding Borrowings
Loans payable
Revolving Credit Facility (1)
$ 
(i) Base Rate + 1.75%; or
(ii) Adjusted Term SOFR Rate + 2.75%
9/20/25$189,473 
2021 Bridge Loans 
(i) Base Rate + 1.75%; or
(ii) Adjusted Term SOFR Rate + 2.75%
12/15/22100,527 
Total loans payable 290,000 
Bonds payable
Senior Notes due 2025 (2)
653,269 6.50%10/1/25852,198 
Senior Notes due 2027400,000 9.75%8/1/27400,000 
Senior Notes due 2028 (3)
1,002,174 5.50%5/1/281,002,416 
Total bonds payable2,055,443 2,254,614 
Debt2,055,443 2,544,614 
Less: Debt issuance costs(30,894)(43,027)
Total debt, net$2,024,549 $2,501,587 
Total debt due within one year$ $100,527 
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(1) 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.
(2) Includes an unamortized discount of $1,431 and $3,509 at September 30, 2022 and December 31, 2021, respectively, and an unamortized premium of $4,700 and $5,707 at September 30, 2022 and December 31, 2021, respectively.
(3) Includes an unamortized premium of $2,174 and $2,416 at September 30, 2022 and December 31, 2021, respectively.