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Debt (Tables) | 3 Months Ended
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Mar. 31, 2020
Debt Disclosure [Abstract] |
Summary of Senior Notes Issuances | During the three months ended March 31, 2020 and 2019, the Company had no senior unsecured note issuances or payoffs. 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
The following table summarizes the Company’s senior unsecured notes payoffs during the year ended December 31, 2019 (dollars in thousands):
Date |  | Amount |  | Coupon Rate |  | Maturity Date
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
_______________________________________
(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.
Summary of Debt Maturities and Schedule Principal Repayments | The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at March 31, 2020 (in thousands):
Year |  | Bank Line of Credit |  | Commercial Paper |  | Term Loan |  | Senior Unsecured Notes(1) |  | Mortgage Debt(2) |  | Total
2020 (nine months) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,202 |  |  | $ | 6,202 |
2021 |  | — |  |  | — |  |  | — |  |  | — |  |  | 16,165 |  |  | 16,165 |
2022 |  | — |  |  | — |  |  | — |  |  | 300,000 |  |  | 8,417 |  |  | 308,417 |
2023 |  | — |  |  | — |  |  | — |  |  | 550,000 |  |  | 93,609 |  |  | 643,609 |
2024 |  | — |  |  | — |  |  | 250,000 |  |  | 1,150,000 |  |  | 6,939 |  |  | 1,406,939 |
Thereafter |  | — |  |  | — |  |  | — |  |  | 3,700,000 |  |  | 340,925 |  |  | 4,040,925 |
|  | — |  |  | — |  |  | 250,000 |  |  | 5,700,000 |  |  | 472,257 |  |  | 6,422,257 |
(Discounts), premium and debt costs, net |  | — |  |  | — |  |  | (998 | ) |  | (49,947 | ) |  | 17,792 |  |  | (33,153 | )
|  | — |  |  | — |  |  | 249,002 |  |  | 5,650,053 |  |  | 490,049 |  |  | 6,389,104 |
Debt on assets held for sale(3) |  | — |  |  | — |  |  | — |  |  | — |  |  | 27,837 |  |  | 27,837 |
|  | $ | — |  |  | $ | — |  |  | $ | 249,002 |  |  | $ | 5,650,053 |  |  | $ | 517,886 |  |  | $ | 6,416,941 |
_______________________________________
(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 7 years.
(2) | Excluding mortgage debt on assets held for sale, effective interest rates on the mortgage debt range from 2.16% to 5.91% with a weighted average effective interest rate of 3.91% and a weighted average maturity of 9 years.
(3) Represents mortgage debt on assets held for sale with an interest rate of 3.45% and maturity in 2044.

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