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DEBT, NET (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our debt, net is summarized as follows:
December 31, 2022December 31, 2021
Outstanding BorrowingsStated Interest RateMaturity DateOutstanding Borrowings
Loans payable
Revolving Credit Facility (1)
150,000 
(i) Base Rate + 1.75%; or
(ii) Adjusted Term SOFR Rate + 2.75%
9/20/25189,473 
2021 Bridge Loans— 
(i) Base Rate + 1.75%; or
(ii) Adjusted Term SOFR Rate + 2.75%
12/15/22100,527 
Total loans payable150,000 290,000 
Bonds payable
Senior Notes due 2025 (2)
653,036 6.50%10/1/25852,198 
Senior Notes due 2027400,000 9.75%8/1/27400,000 
Senior Notes due 2028 (3)
1,002,091 5.50%5/1/281,002,416 
Total bonds payable2,055,127 2,254,614 
Debt2,205,127 2,544,614 
Less: Debt issuance costs(29,400)(43,027)
Total debt, net$2,175,727 $2,501,587 
Total debt due within one year$— $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 unamortized discount of $1,318 and $3,509 at December 31, 2022 and 2021, respectively, and an unamortized premium of $4,354 and $5,707 at December 31, 2022 and 2021, respectively.
(3) Includes an unamortized premium of $2,091 and $2,416 at December 31, 2022 and 2021, respectively.
Schedule of Maturities of Long-term Debt
As of December 31, 2022, scheduled principal repayments under our debt agreements for the next five years and thereafter are summarized as follows:
20232024202520262027ThereafterTotal
Revolving Credit Facility— — 150,000 — — — 150,000 
Senior Notes due 2025— — 650,000 — — — 650,000 
Senior Notes due 2027— — — — 400,000 — 400,000 
Senior Notes due 2028— — — — — 1,000,000 1,000,000 
Total principal payments on loans and bonds payable$— $— $800,000 $— $400,000 $1,000,000 $2,200,000