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v3.23.1

Unsecured Term Loan (Details) $ in Thousands | Mar. 31, 2023 USD ($) | Jan. 04, 2023 USD ($) mo Rate | Dec. 31, 2022 USD ($)
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Unsecured term loan | $ | $ 1,194,916 |  | $ 730,000
2022 Unsecured Term Loan |  |  |
Debt Instrument [Line Items] |  |  |
Repayments of Unsecured Debt | $ |  | $ 730,000 |
Payment for Debt Extinguishment or Debt Prepayment Cost | $ |  | 0 |
2023 Unsecured Term Loan |  |  |
Debt Instrument [Line Items] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ |  | $ 1,200,000 |
Unsecured term loan | $ | $ 1,200,000 |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 1.00% |
Line of Credit, Additional Borrowing Capacity | $ |  | $ 300,000 |
Number of extensions |  | 1 |
Extension Option (in months) | mo |  | 12 |
Proceeds from Unsecured Lines of Credit | $ |  | $ 1,200,000 |
2023 Unsecured Term Loan | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Number of Additional Term Loans |  | 1 |
2023 Unsecured Term Loan | Fed Funds Effective Rate Overnight Index Swap Rate |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 0.50% |
2023 Unsecured Term Loan | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 1.00% |
2023 Unsecured Term Loan | Base Rate [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.00% |
2023 Unsecured Term Loan | Base Rate [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 0.60% |
2023 Unsecured Term Loan | Base Rate [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 0.00% |
2023 Unsecured Term Loan | Adjusted Term Secured Overnight Financing Rate (Adjusted Term SOFR) |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | 0.85% | 0.85% |
2023 Unsecured Term Loan | Adjusted Term Secured Overnight Financing Rate (Adjusted Term SOFR) | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 1.60% |
2023 Unsecured Term Loan | Adjusted Term Secured Overnight Financing Rate (Adjusted Term SOFR) | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 0.75% |

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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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