XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
Debt - Summary (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
extention
Apr. 18, 2023
Apr. 01, 2022
Dec. 31, 2021
USD ($)
Debt Instrument [Line Items]        
Long-term debt, gross $ 2,313,397     $ 2,225,983
Unamortized debt issuance costs (7,088)     (7,585)
Debt Instrument, Unamortized Discount (Premium), Net (136)     (136)
Principal outstanding $ 2,306,173     2,218,262
Weighted average interest rate 2.87%      
Subsequent Event [Member]        
Debt Instrument [Line Items]        
Fixed Interest Rate (as a percent)     1.30%  
Interest Rate Swaps        
Debt Instrument [Line Items]        
Derivative notional amount swapped $ 975,000      
London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Stated interest rate 0.452%      
Term Loan | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Basis Spread on Variable Rate 0.85%      
Unsecured Credit Facility        
Debt Instrument [Line Items]        
Principal outstanding $ 384,000     296,000
Debt Instrument, Maturity Date Oct. 23, 2026      
Maximum borrowing capacity $ 750,000      
Number Of Extensions | extention 2      
Debt Instrument Term Extension Period 6 months      
Unsecured Credit Facility | Prepaid Expenses and Other Assets        
Debt Instrument [Line Items]        
Unamortized debt issuance costs $ (4,900)     (5,200)
Unsecured Credit Facility | London Interbank Offered Rate (LIBOR) [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Basis Spread on Variable Rate 0.775%      
Unsecured Term Loans        
Debt Instrument [Line Items]        
Long-term debt, gross $ 975,000     975,000
Unamortized debt issuance costs (4,075)     (4,423)
Principal outstanding 970,925     970,577
Unsecured Term Loans | $150 Million Wells Fargo Unsecured Term Loan A        
Debt Instrument [Line Items]        
Long-term debt, gross $ 150,000     150,000
Debt Instrument, Interest Rate, Effective Percentage 3.23%      
Debt Instrument, Maturity Date Mar. 15, 2027      
Fixed Interest Rate (as a percent) 2.38%      
Unsecured Term Loans | $150 Million Unsecured Term Loan D [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 150,000     150,000
Debt Instrument, Interest Rate, Effective Percentage 2.85%      
Debt Instrument, Maturity Date Jan. 04, 2023      
Fixed Interest Rate (as a percent) 1.85%      
Unsecured Term Loans | $175 Million Unsecured Term Loan E [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 175,000     175,000
Debt Instrument, Interest Rate, Effective Percentage 3.77%      
Debt Instrument, Maturity Date Jan. 15, 2024      
Fixed Interest Rate (as a percent) 2.92%      
Unsecured Term Loans | $200 Million Unsecured Term Loan F [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 200,000     200,000
Debt Instrument, Interest Rate, Effective Percentage 2.96%      
Debt Instrument, Maturity Date Jan. 12, 2025      
Fixed Interest Rate (as a percent) 2.11%      
Unsecured Term Loans | $300 Million Unsecured Term Loan [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 300,000     300,000
Debt Instrument, Interest Rate, Effective Percentage 1.13%      
Debt Instrument, Maturity Date Feb. 05, 2026      
Fixed Interest Rate (as a percent) 0.28%      
Unsecured Term Loans | $300 Million Unsecured Term Loan [Member] | Scenario, Forecast [Member]        
Debt Instrument [Line Items]        
Fixed Interest Rate (as a percent)   0.94%    
Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 900,000     900,000
Unamortized debt issuance costs (2,942)     (3,059)
Principal outstanding 897,058     896,941
Unsecured Notes | $100 Million Series F Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 100,000     100,000
Stated interest rate 3.98%      
Debt Instrument, Maturity Date Jan. 05, 2023      
Unsecured Notes | $50 Million Series A Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 50,000     50,000
Stated interest rate 4.98%      
Debt Instrument, Maturity Date Oct. 01, 2024      
Unsecured Notes | $100 Million Series D Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 100,000     100,000
Stated interest rate 4.32%      
Debt Instrument, Maturity Date Feb. 20, 2025      
Unsecured Notes | $75 Million Series G Unsecured Notes [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 75,000     75,000
Stated interest rate 4.10%      
Debt Instrument, Maturity Date Jun. 13, 2025      
Unsecured Notes | $50 Million Series B Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 50,000     50,000
Stated interest rate 4.98%      
Debt Instrument, Maturity Date Jul. 01, 2026      
Unsecured Notes | $80 Million Series C Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 80,000     80,000
Stated interest rate 4.42%      
Debt Instrument, Maturity Date Dec. 30, 2026      
Unsecured Notes | $20 Million Series E Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 20,000     20,000
Stated interest rate 4.42%      
Debt Instrument, Maturity Date Feb. 20, 2027      
Unsecured Notes | $100 Million Series H Unsecured Notes [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 100,000     100,000
Stated interest rate 4.27%      
Debt Instrument, Maturity Date Jun. 13, 2028      
Unsecured Notes | $275 Million Series I Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 275,000     275,000
Stated interest rate 2.80%      
Debt Instrument, Maturity Date Sep. 29, 2031      
Unsecured Notes | $50 Million Series J Unsecured Notes        
Debt Instrument [Line Items]        
Long-term debt, gross $ 50,000     50,000
Stated interest rate 2.95%      
Debt Instrument, Maturity Date Sep. 28, 2033      
Mortgage Loans Payable        
Debt Instrument [Line Items]        
Long-term debt, gross $ 54,397     54,983
Unamortized debt issuance costs (71)     (103)
Debt Instrument, Unamortized Discount (Premium), Net (136)     (136)
Principal outstanding 54,190     54,744
Mortgage Loans Payable | Wells Fargo Bank, National Association CMBS Loan        
Debt Instrument [Line Items]        
Long-term debt, gross $ 46,106     46,610
Stated interest rate 4.31%      
Debt Instrument, Maturity Date Dec. 01, 2022      
Penalty free prepayment period 3 months      
Mortgage Loans Payable | Thrivent Financial for Lutherans Due December 15, 2023 [Member]        
Debt Instrument [Line Items]        
Long-term debt, gross $ 3,397     3,430
Stated interest rate 4.78%      
Debt Instrument, Maturity Date Dec. 15, 2023      
Penalty free prepayment period 3 months      
Mortgage Loans Payable | United of Omaha Life Insurance Company        
Debt Instrument [Line Items]        
Long-term debt, gross $ 4,894     $ 4,943
Stated interest rate 3.71%      
Debt Instrument, Maturity Date Oct. 01, 2039