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Notes and Bonds Payable (Tables) | 6 Months Ended
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Jun. 30, 2022
Debt Disclosure [Abstract] |
Schedule of debt | The table below details the Company’s notes and bonds payable as of June 30, 2022 and 2021.
| MATURITY DATES | BALANCE AS OF | EFFECTIVE INTEREST RATE as of 6/30/2022
Dollars in thousands | 6/30/2022 | 12/31/2021
$700 million Unsecured Credit Facility | 5/23 | $ | 490,500 |  | $ | 210,000 |  | 2.69 | %
$200 million Unsecured Term Loan due 2024, net of issuance costs 1 | 5/24 | 199,572 |  | 199,460 |  | 2.55 | %
$150 million Unsecured Term Loan due 2026, net of issuance costs 2 | 6/26 | 149,447 |  | 149,376 |  | 2.79 | %
Senior Notes due 2025, net of discount and issuance costs 3 | 5/25 | 249,176 |  | 249,040 |  | 4.08 | %
Senior Notes due 2028, net of discount and issuance costs | 1/28 | 296,864 |  | 296,612 |  | 3.84 | %
Senior Notes due 2030, net of discount and issuance costs 4 | 3/30 | 296,989 |  | 296,813 |  | 2.71 | %
Senior Notes due 2031, net of discount and issuance costs | 3/31 | 295,601 |  | 295,374 |  | 2.24 | %
Mortgage notes payable, net of discounts and issuance costs and including premiums | 8/23-12/26 | 85,606 |  | 104,650 |  | 3.97 | %
|  | $ | 2,063,755 |  | $ | 1,801,325 |  |
1 The effective interest rate includes the impact of interest rate swaps on $75.0 million at a weighted average rate of 2.37% (plus the applicable margin rate, currently 100 basis points). 2 The effective interest rate includes the impact of interest rate swaps on $100.0 million at a weighted average rate of 2.23% (plus the applicable margin rate, currently 95 basis points). 3 The effective interest rate includes the impact of the $1.7 million settlement of forward-starting interest rate swaps that is included in Accumulated other comprehensive loss on the Company's Condensed Consolidated Balance Sheets. 4The effective interest rate includes the impact of the $4.3 million settlement of forward interest rate hedges that is included in Accumulated other comprehensive loss on the Company's Condensed Consolidated Balance Sheets.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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