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v3.22.1

Notes Payable (Summary Of Indebtedness) (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2022 | Dec. 31, 2021
Unsecured notes payable |  | $ 3,671,309 | $ 3,170,367
Total unsecured notes payable (2) | [1] | $ 3,671,300 | 3,170,400
Commercial Banks [Member] | 1.85% Term loan, due 2022 [Member] |  |  |
Debt Instrument, Maturity Date |  | Jan. 01, 2022 |
Notes payable, effective interest rate |  | 1.99% |
Unsecured notes payable |  | $ 39,900 | 39,900
Commercial Banks [Member] | Unsecured Floating Rate Debt [Member] |  |  |
Notes payable, effective interest rate |  | 0.00% |
Senior Unsecured Notes [Member] |  |  |
Unsecured notes payable |  | $ 3,131,400 | 3,130,500
Senior Unsecured Notes [Member] | 3.15% Notes Due 2022 [Member] |  |  |
Debt Instrument, Maturity Date |  | Dec. 15, 2022 |
Notes payable, effective interest rate |  | 3.15% |
Unsecured notes payable |  | $ 349,500 | 349,300
Senior Unsecured Notes [Member] | 5.07% Notes Due 2023 [Member] |  |  |
Debt Instrument, Maturity Date |  | Jun. 15, 2023 |
Notes payable, effective interest rate |  | 5.07% |
Unsecured notes payable |  | $ 249,500 | 249,300
Senior Unsecured Notes [Member] | 4.36% Notes Due 2024 [Member] |  |  |
Debt Instrument, Maturity Date |  | Jan. 15, 2024 |
Notes payable, effective interest rate |  | 4.36% |
Unsecured notes payable |  | $ 249,500 | 249,500
Senior Unsecured Notes [Member] | 3.68% Notes Due 2024 [Member] |  |  |
Debt Instrument, Maturity Date |  | Sep. 15, 2024 |
Notes payable, effective interest rate |  | 3.68% |
Unsecured notes payable |  | $ 248,900 | 248,800
Senior Unsecured Notes [Member] | 3.74% Notes Due 2028 [Member] |  |  |
Debt Instrument, Maturity Date |  | Oct. 15, 2028 |
Notes payable, effective interest rate |  | 3.74% |
Unsecured notes payable |  | $ 397,900 | 397,800
Senior Unsecured Notes [Member] | 3.67% Notes Due 2029 [Member] |  |  |
Debt Instrument, Maturity Date |  | Jul. 01, 2029 |
Notes payable, effective interest rate |  | 3.67% |
Unsecured notes payable | [2] | $ 595,000 | 594,900
Senior Unsecured Notes [Member] | 2.91% Notes, due 2030 |  |  |
Debt Instrument, Maturity Date |  | May 15, 2030 |
Notes payable, effective interest rate |  | 2.91% |
Unsecured notes payable |  | $ 744,300 | 744,100
Senior Unsecured Notes [Member] | 3.41% Notes Due 2049 [Member] |  |  |
Debt Instrument, Maturity Date |  | Nov. 01, 2049 |
Notes payable, effective interest rate |  | 3.41% |
Unsecured notes payable |  | $ 296,800 | 296,800
1.23% Unsecured credit facility [Member] | Commercial Banks [Member] |  |  |
Notes payable, effective interest rate |  | 1.23% |
Unsecured notes payable |  | $ 500,000 | 0
Short-term Debt [Member] | Commercial Banks [Member] |  |  |
Unsecured notes payable |  | $ 539,900 | $ 39,900
[1] | Unamortized debt discounts and debt issuance costs of $18.7 million and $19.6 million are included in senior unsecured notes payable as of March 31, 2022 and December 31, 2021, respectively.
[2] | The 2029 Notes have an effective annual interest rate of approximately 3.84% through June 2026, which includes the effect of a settled forward interest rate swap, and approximately 3.28% thereafter, for an all-in average effective rate of approximately 3.67%.

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