XML 59 R48.htm IDEA: XBRL DOCUMENT v3.21.2
SECURED AND UNSECURED DEBT, NET - Credit Facilities (Details)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
loan
Dec. 31, 2020
USD ($)
Nov. 30, 2020
instrument
Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 90.00%    
Revolving Credit Facility      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 1,100,000    
Potential maximum available $ 2,000,000    
Number of Extensions of loan | loan 2    
Extension period of option on loan 6 months    
Revolving credit facility due 2023 | Letter of Credit      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Borrowings outstanding at end of year $ 2,600 $ 2,800  
Revolving credit facility due 2023 | Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Commitment fee 0.15%    
Basis points added to to variable rate 0.825%    
Revolving credit facility due 2023 | Unsecured Debt | Minimum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Commitment fee 0.10%    
Basis points added to to variable rate 0.75%    
Revolving credit facility due 2023 | Unsecured Debt | Maximum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Commitment fee 0.30%    
Basis points added to to variable rate 1.45%    
Revolving credit facility due 2023 | Revolving Credit Facility      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 1,100,000 1,100,000  
Weighted average daily borrowings during the year ended   42,186  
Maximum daily borrowings during the year ended   $ 375,000  
Weighted average interest rate during the year ended   1.40%  
Term Loan due September 2023      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 350,000    
Term Loan due September 2023 | Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Number of interest rate swaps | instrument     3
All-in weighted average interest rate     1.07%
Term Loan due September 2023 | Unsecured Debt | Minimum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 0.80%    
Term Loan due September 2023 | Unsecured Debt | Maximum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 1.65%    
Working Capital Credit Facility | Variable Rate Debt | Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 75,000 $ 75,000  
Borrowings outstanding at end of year 27,318 28,024  
Weighted average daily borrowings during the year ended 8,839 20,132  
Maximum daily borrowings during the year ended $ 39,503 $ 54,974  
Weighted average interest rate during the year ended 0.90% 1.40%  
Interest rate at end of the period 0.90% 1.00%  
Basis points added to to variable rate 0.825%    
Working Capital Credit Facility | Variable Rate Debt | Unsecured Debt | Minimum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 0.75%    
Working Capital Credit Facility | Variable Rate Debt | Unsecured Debt | Maximum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 1.45%