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Debt (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Maturities of Long-term Debt [Table Text Block]

The following table presents scheduled principal payments related to our debt as of December 31, 2020 (in thousands):

​	​	​	​	​	​	​	​	​
​	Scheduled			Balloon			​	​
​	Principal		​	Payment		​	Total
2021	$	998	​	$	—	​	$	998
2022		1,060	​		—	​		1,060
2023		1,102	​		67,656	​		68,758
2024 (1)		963	​		192,000	​		192,963
2025	​	1,026	​	​	50,000	​	​	51,026
Thereafter		629	​		910,000	​		910,629
Total scheduled principal payments	​	5,778	​	​	1,219,656	​	​	1,225,434
Original issue discount, net	​	—	​	​	(246)	​	​	(246)
Total	$	5,778	​	$	1,219,410	​	$	1,225,188

(1) The Revolving Credit Facility matures in January 2024, with options to extend the maturity as described under Senior Unsecured Revolving Credit Facility above. The Revolving Credit Facility had a balance of $92.0 million as of December 31, 2020.

Mortgages [Member]

Schedule of Long-term Debt Instruments [Table Text Block]

​

​	​	​	​	​	​	​
​		December 31, 2020			December 31, 2019
(not presented in thousands)	​	(in thousands)
Note payable in monthly installments of $23,004, including interest at 6.24% per annum, extinguished in January 2020	​	$	—	​	$	2,775
​	​		​	​
Note payable in monthly installments of interest only at 3.60% per annum, with a balloon payment due January 2023	​		23,640	​		23,640
​	​		​	​
Note payable in monthly installments of $35,673, including interest at 5.01% per annum, with a balloon payment of $4,034,627 due September 2023	​		4,622	​		4,779
​	​			​
Note payable in monthly installments of $91,675 including interest at 6.27% per annum, with a final monthly payment due July 2026	​		5,172	​		5,921
​	​			​
Total principal	​		33,434	​		37,115
Unamortized debt issuance costs	​		(312)	​		(417)
Total	​	$	33,122	​	$	36,698

Unsecured Debt [Member]

Schedule of Long-term Debt Instruments [Table Text Block]

The following table presents the Unsecured Term Loans balance net of unamortized debt issuance costs as of December 31, 2020 and 2019 (in thousands):

​	​	​	​	​	​	​
​		December 31, 2020			December 31, 2019
2023 Term Loan	​	$	40,000	​	$	40,000
2024 Term Loan Facilities	​		100,000	​		100,000
2026 Term Loan	​		100,000	​		100,000
Total Principal	​		240,000	​		240,000
Unamortized debt issuance costs	​		(2,151)	​		(2,597)
Total	​	$	237,849	​	$	237,403

Senior Unsecured Notes [Member]

Schedule of Long-term Debt Instruments [Table Text Block]

The following table presents the Senior Unsecured Notes balance net of unamortized debt issuance costs and original issue discount as of December 31, 2020, and 2019 (in thousands):

​	​	​	​	​	​	​
​		December 31, 2020			December 31, 2019
2025 Senior Unsecured Notes	​	$	50,000	​	$	50,000
2027 Senior Unsecured Notes	​		50,000	​		50,000
2028 Senior Unsecured Notes	​		60,000	​		60,000
2029 Senior Unsecured Notes	​		100,000	​		100,000
2030 Senior Unsecured Notes	​		125,000	​		125,000
2030 Senior Unsecured Public Notes	​	​	350,000	​	​	—
2031 Senior Unsecured Notes	​		125,000	​	​	125,000
Total Principal	​		860,000	​		510,000
Unamortized debt issuance costs and original issue discount, net	​		(4,672)	​		(802)
Total	​	$	855,328	​	$	509,198

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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