XML 63 R52.htm IDEA: XBRL DOCUMENT v3.25.2
SECURED AND UNSECURED DEBT, NET - Credit Facilities (Details)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
USD ($)
loan
Dec. 31, 2024
USD ($)
Jul. 31, 2022
USD ($)
instrument
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Notional     $ 175,000
Number of interest rate swaps | instrument     2
All-in weighted average interest rate     1.43%
Revolving Credit Facility      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 1,300,000    
Potential maximum available $ 2,500,000    
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 $ 4,300 $ 3,400  
Revolving credit facility due 2023 | Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 0.775%    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember    
Commitment fee 0.15%    
Revolving credit facility due 2023 | Unsecured Debt | Minimum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 0.70%    
Commitment fee 0.10%    
Revolving credit facility due 2023 | Unsecured Debt | Maximum      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 1.40%    
Commitment fee 0.30%    
Basis point subtracted from commitment fee rate for company receiving green building certifications 0.01%    
Basis point subtracted from variable rate for company receiving green building certifications 0.04%    
Revolving credit facility due 2023 | Revolving Credit Facility      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 1,300,000 $ 1,300,000  
Term Loan due September 2023 | Unsecured Debt      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Basis points added to to variable rate 0.83%    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember    
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 0.75%    
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 1.60%    
Basis point subtracted from variable rate for company receiving green building certifications 0.02%    
Term Loan due January 2027      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Total revolving credit facility $ 350,000    
Term Loan due January 2027 | Revolving Credit Facility      
Summary of short-term bank borrowings under unsecured commercial bank credit facility      
Extension period of option on loan 12 months