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Unsecured Term Loan (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | May 17, 2022 | Dec. 31, 2021
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Unsecured term loan | $ 730,000 | $ 730,000 | $ 0
Debt Instrument, Basis Spread on Variable Rate | 0.775% |  |
2022 Unsecured Term Loan |  |  |
Debt Instrument [Line Items] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 730,000 |
Debt Instrument, Maturity Date |  | May 16, 2023 |
Debt Instrument, Interest Rate Terms |  | At BPLP’s option, the 2022 Unsecured Term Loan bore interest at a rate per annum equal to (A) (1) a base rate per annum equal to the greater of (a) the federal funds rate plus 0.5%, (b) the administrative agent’s prime rate, (c) term SOFR plus 1.00% and (d) 1.00%, or (2) a term SOFR rate per annum equal to the forward-looking SOFR term rate administered by CME Group Benchmark Administration (“CME”) two business days prior to the commencement of such interest period; or if the rate was unavailable, then the forward-looking SOFR term rate administered by CME on the first business day immediately prior thereto, in each case, plus 0.10%, and (B) a margin ranging from zero to 160 basis points based on BPLP’s credit rating. |
Unsecured term loan | $ 730,000 | $ 730,000 |
2022 Unsecured Term Loan | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | 0.95% |  |

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