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v3.20.2

Indebtedness - Summary of Indebtedness (Details) - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 1,635,425 |
Unsecured Credit Facility |  | 320,000 | $ 158,000
2027 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 6,070 | 6,070
Interest Rate |  | 7.15% |
Effective Interest Rate |  | 7.11% |
Maturity Date |  | May 15, 2027 |
2028 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 31,901 | 31,901
Interest Rate |  | 7.60% |
Effective Interest Rate |  | 8.13% |
Maturity Date |  | Jul. 15, 2028 |
2032 Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 10,600 | 10,600
Interest Rate |  | 7.75% |
Effective Interest Rate |  | 7.87% |
Maturity Date |  | Apr. 15, 2032 |
2027 Private Placement Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 125,000 | 125,000
Interest Rate |  | 4.30% |
Effective Interest Rate |  | 4.30% |
Maturity Date |  | Apr. 20, 2027 |
2028 Private Placement Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 150,000 | 150,000
Interest Rate |  | 3.86% |
Effective Interest Rate |  | 3.86% |
Maturity Date |  | Feb. 15, 2028 |
2029 Private Placement Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 75,000 | 75,000
Interest Rate |  | 4.40% |
Effective Interest Rate |  | 4.40% |
Maturity Date |  | Apr. 20, 2029 |
2029 II Private Placement Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 150,000 | 150,000
Interest Rate |  | 3.97% |
Effective Interest Rate |  | 4.23% |
Maturity Date |  | Jul. 23, 2029 |
2030 Private Placement Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 150,000 | 150,000
Interest Rate |  | 3.96% |
Effective Interest Rate |  | 3.96% |
Maturity Date |  | Feb. 15, 2030 |
2014 Unsecured Term Loan (A) |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 200,000 | 200,000
Interest Rate | [1] | 3.39% |
Maturity Date | [1] | Jan. 29, 2021 |
2015 Unsecured Term Loan (A) |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 260,000 | 260,000
Interest Rate | [1] | 2.89% |
Maturity Date | [1] | Sep. 12, 2022 |
Mortgage Loans Payable |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 156,854 | 174,360
Unamortized Debt Issuance Costs |  | (511) | (675)
Long-term Debt |  | $ 156,343 | 173,685
Maturity Date Range, Start |  | Oct. 01, 2021 |
Maturity Date Range, End |  | Aug. 01, 2028 |
Senior Unsecured Notes |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | $ 698,571 | 698,571
Unamortized Debt Issuance Costs |  | (4,229) | (4,485)
Unamortized Discounts |  | 68 | 71
Long-term Debt |  | 694,274 | 694,015
Unsecured Term Loan |  |  |
Debt Instrument [Line Items] |  |  |
Long-term Debt, Gross |  | 460,000 | 460,000
Unamortized Debt Issuance Costs |  | (1,607) | (2,135)
Long-term Debt |  | 458,393 | 457,865
Unsecured Credit Facility |  |  |
Debt Instrument [Line Items] |  |  |
Unamortized Debt Issuance Costs |  | (1,684) | (2,300)
Unsecured Credit Facility | [2] | $ 320,000 | $ 158,000
Interest Rate | [1] | 1.39% |
Maturity Date | [2] | Oct. 29, 2021 |
Minimum | Mortgage Loans Payable |  |  |
Debt Instrument [Line Items] |  |  |
Interest Rate |  | 4.03% |
Effective Interest Rate |  | 4.03% |
Maximum | Mortgage Loans Payable |  |  |
Debt Instrument [Line Items] |  |  |
Interest Rate |  | 4.85% |
Effective Interest Rate |  | 4.85% |
[1] | The interest rate at June 30, 2020 also reflects the derivative instruments we entered into to effectively convert the variable rate to a fixed rate. See Note 10. Additionally, on July 15, 2020 the 2014 Unsecured Term Loan was repaid. See Note 13.
[2] | The maturity date may be extended an additional year at our election, subject to certain restrictions. Amounts exclude unamortized debt issuance costs of $1,684 and $2,300 as of June 30, 2020 and December 31, 2019, respectively, which are included in the line item Prepaid Expenses and Other Assets, Net. The interest rate at June 30, 2020 also reflects the derivative instrument we entered into to effectively convert a portion of the variable rate into a fixed rate. See Note 10.

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