Notes and Bonds Payable (Tables)

3 Months Ended

Mar. 31, 2023

The table below details the Company’s notes and bonds payable as of March 31, 2023 and December 31, 2022.


	MATURITY DATES	BALANCE 1 AS OF				EFFECTIVE INTEREST RATE as of 3/31/2023
Dollars in thousands		3/31/2023		12/31/2022
$1.5 billion Unsecured Credit Facility	10/25	$	385,000	$	385,000	5.76	%


$350 million Unsecured Term Loan 2	7/23	349,494		349,114		5.72	%
$200 million Unsecured Term Loan	5/24	199,728		199,670		5.72	%
$300 million Unsecured Term Loan	10/25	299,941		299,936		5.72	%
$150 million Unsecured Term Loan	6/26	149,532		149,495		5.72	%
$200 million Unsecured Term Loan	7/27	199,397		199,362		5.72	%
$300 million Unsecured Term Loan	1/28	297,974		297,869		5.72	%
Senior Notes due 2025	5/25	249,206		249,115		4.12	%
Senior Notes due 2026	8/26	573,410		571,587		4.94	%
Senior Notes due 2027	7/27	480,578		479,553		4.76	%
Senior Notes due 2028	1/28	296,995		296,852		3.85	%
Senior Notes due 2030	2/30	567,863		565,402		5.30	%
Senior Notes due 2030	3/30	296,479		296,385		2.72	%
Senior Notes due 2031	3/31	295,671		295,547		2.25	%
Senior Notes due 2031	3/31	636,819		632,693		5.13	%
Mortgage notes payable	8/23-12/26	83,612		84,247		3.57%-4.84%
		$	5,361,699	$	5,351,827

1Balance is presented net of discounts and issuance costs and inclusive of premiums, where applicable.

2Subsequent to March 31, 2023, the Company exercised its option to extend the maturity date for one year for a fee of approximately $0.4 million.