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Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Schedule of senior unsecured notes | The following table summarizes the Company’s senior unsecured notes issuances during the year ended December 31, 2019 (dollars in thousands):
Date |  | Amount |  | Coupon Rate |  | Maturity Date
November 21, 2019 |  | $ | 750,000 |  |  | 3.000 | % |  | 2030
July 5, 2019 |  | $ | 650,000 |  |  | 3.250 | % |  | 2026
July 5, 2019 |  | $ | 650,000 |  |  | 3.500 | % |  | 2029
There were no senior unsecured notes issuances for the years ended December 31, 2018 and 2017.
Summary of senior unsecured notes payoffs (dollars in thousands) | The following table summarizes the Company’s senior unsecured notes payoffs for the periods presented (dollars in thousands):
Date |  | Amount |  | Coupon Rate |  | Maturity Date
Year ended December 31, 2019: |  |  |  |  |  |
November 21, 2019(1) |  | $ | 350,000 |  |  | 4.000 | % |  | 2022
July 22, 2019(2) |  | $ | 800,000 |  |  | 2.625 | % |  | 2020
July 8, 2019(2) |  | $ | 250,000 |  |  | 4.000 | % |  | 2022
July 8, 2019(2) |  | $ | 250,000 |  |  | 4.250 | % |  | 2023
Year ended December 31, 2018: |  |  |  |  |  |  |
November 8, 2018 |  | $ | 450,000 |  |  | 3.750 | % |  | 2019
July 16, 2018(3) |  | $ | 700,000 |  |  | 5.375 | % |  | 2021
Year ended December 31, 2017: |  |  |  |  |  |
July 27, 2017(4) |  | $ | 500,000 |  |  | 5.375 | % |  | 2021
May 1, 2017 |  | $ | 250,000 |  |  | 5.625 | % |  | 2017
_______________________________________
(1) | The Company recognized a $22 million loss on debt extinguishment related to the repurchase of senior notes.
(2) | Upon completing the redemption of the 2.625% senior unsecured notes due February 2020 and repurchasing a portion of the 4.250% senior unsecured notes due 2023 and the 4.000% senior unsecured notes due 2022, the Company recognized a $35 million loss on debt extinguishment.
(3) | The Company recognized a $44 million loss on debt extinguishment related to the repurchase of senior notes.
(4) The Company recognized a $54 million loss on debt extinguishment related to the repurchase of senior notes.
Summary of stated debt maturities and scheduled principal repayments (in thousands) | The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at December 31, 2019 (dollars in thousands):
|  |  |  |  |  |  |  | Senior Unsecured Notes(1) |  | Mortgage Debt(2) |  |
Year |  | Bank Line of Credit |  | Commercial Paper |  | Term Loan |  | Amount |  | Interest Rate |  | Amount |  | Interest Rate |  | Total(3)
2020 |  | $ | — |  |  | $ | 93,000 |  |  | $ | — |  |  | $ | — |  |  | — | % |  | $ | 4,132 |  |  | 5.08 | % |  | $ | 97,132 |
2021 |  | — |  |  | — |  |  | — |  |  | — |  |  | — | % |  | 11,821 |  |  | 5.26 | % |  | 11,821 |
2022 |  | — |  |  | — |  |  | — |  |  | 300,000 |  |  | 3.37 | % |  | 3,886 |  |  | — | % |  | 303,886 |
2023 |  | — |  |  | — |  |  | — |  |  | 550,000 |  |  | 4.37 | % |  | 4,069 |  |  | — | % |  | 554,069 |
2024 |  | — |  |  | — |  |  | 250,000 |  |  | 1,150,000 |  |  | 4.17 | % |  | 4,247 |  |  | — | % |  | 1,404,247 |
Thereafter |  | — |  |  | — |  |  | — |  |  | 3,700,000 |  |  | 3.86 | % |  | 236,089 |  |  | 4.09 | % |  | 3,936,089 |
|  | — |  |  | 93,000 |  |  | 250,000 |  |  | 5,700,000 |  |  |  |  | 264,244 |  |  |  |  | 6,307,244 |
(Discounts), premium and debt costs, net |  | — |  |  | — |  |  | (1,058 | ) |  | (52,007 | ) |  |  |  | 12,663 |  |  |  |  | (40,402 | )
|  | — |  |  | 93,000 |  |  | 248,942 |  |  | 5,647,993 |  |  |  |  | 276,907 |  |  |  |  | 6,266,842 |
Debt on assets held for sale(4) |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 32,289 |  |  |  |  | 32,289 |
|  | $ | — |  |  | $ | 93,000 |  |  | $ | 248,942 |  |  | $ | 5,647,993 |  |  |  |  |  | $ | 309,196 |  |  |  |  |  | $ | 6,299,131 |
_______________________________________
(1) | Effective interest rates on the senior notes range from 3.14% to 6.87% with a weighted average effective interest rate of 3.94% and a weighted average maturity of seven years.
(2) | Excluding mortgage debt on assets held for sale, effective interest rates on the mortgage debt range from 2.22% to 5.91% with a weighted average effective interest rate of 4.09% and a weighted average maturity of 13 years.
(3) | Excludes $85 million of other debt that has no scheduled maturities. Other debt represents (i) $52 million of non-interest bearing life care bonds and occupancy fee deposits at certain of the Company's senior housing facilities and (ii) $33 million of on-demand notes from the CCRC JV which bear interest at a rate of 3.6%.
(4) Represents mortgage debt on assets held for sale with interest rates that ranged from 3.45% to 6.80% and matures in 2026, 2028, and 2044.

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