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Mortgage and Other Indebtedness (Tables) | 6 Months Ended
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Jun. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Mortgage and Other Indebtedness | Mortgage and other indebtedness consisted of the following as of June 30, 2021 and December 31, 2020:
| As of June 30, 2021
| Principal |  | Unamortized Net Premiums |  | Unamortized Debt Issuance Costs |  | Total
Senior unsecured notes—fixed rate | $ | 550,000 |  |  | $ | — |  |  | $ | (3,465) |  |  | $ | 546,535 |
Exchangeable senior notes - fixed rate | 175,000 |  |  | — |  |  | (5,255) |  |  | 169,745 |
Unsecured revolving credit facility | — |  |  | — |  |  | (1,381) |  |  | (1,381) |
Unsecured term loan | 250,000 |  |  | — |  |  | (1,541) |  |  | 248,459 |
Mortgage notes payable—fixed rate | 295,184 |  |  | 1,511 |  |  | (17) |  |  | 296,678 |
Mortgage note payable—variable rate | 29,373 |  |  | — |  |  | (40) |  |  | 29,333 |
Total mortgage and other indebtedness | $ | 1,299,557 |  |  | $ | 1,511 |  |  | $ | (11,699) |  |  | $ | 1,289,369 |
| As of December 31, 2020
| Principal |  | Unamortized Net Premiums |  | Unamortized Debt Issuance Costs |  | Total
Senior unsecured notes - fixed rate | $ | 550,000 |  |  | $ | — |  |  | $ | (3,595) |  |  | $ | 546,405 |
Unsecured revolving credit facility | 25,000 |  |  | — |  |  | (1,672) |  |  | 23,328 |
Unsecured term loans | 250,000 |  |  | — |  |  | (1,647) |  |  | 248,353 |
Mortgage notes payable - fixed rate | 295,966 |  |  | 1,732 |  |  | (25) |  |  | 297,673 |
Mortgage notes payable - variable rate | 55,110 |  |  | — |  |  | (75) |  |  | 55,035 |
Total mortgage and other indebtedness | $ | 1,176,076 |  |  | $ | 1,732 |  |  | $ | (7,014) |  |  | $ | 1,170,794 |
Schedule of Weighted Average Maturities and Interest Rates | Consolidated indebtedness, including weighted average maturities and weighted average interest rates as of June 30, 2021, considering the impact of interest rate swaps, is summarized below:
| Outstanding Amount |  | Ratio |  | Weighted Average Interest Rate |  | Weighted Average Maturity (in years) |
Fixed Rate Debt 1 | $ | 1,115,185 |  |  | 86 | % |  | 3.59 | % |  | 4.6 |
Variable Rate Debt 2 | 184,373 |  |  | 14 | % |  | 3.50 | % |  | 4.4 |
Net Debt Premiums and Issuance Costs, Net | (10,189) |  |  | N/A |  | N/A |  | N/A |
Total | $ | 1,289,369 |  |  | 100 | % |  | 3.58 | % |  | 4.6 |
____________________ |  |
1 | Fixed rate debt includes, and variable rate debt excludes, the portion of such debt that has been hedged by interest rate derivatives. As of June 30, 2021, $250 million in variable rate debt is hedged to a fixed rate for a weighted average of 4.2 years.
2 | Variable rate debt includes, and fixed rate debt excludes, the portion of such debt that has been hedged to a floating rate. As of June 30, 2021, $155 million in fixed rate debt is hedged to floating rate for a weighted average of 4.2 years.
Schedule of Amortization | The accompanying consolidated statements of operations include amortization of debt issuance costs as a component of interest expense as follows:
|  | Six Months Ended June 30,
|  | 2021 |  | 2020
Amortization of debt issuance costs |  | $ | 1,230 |  |  | $ | 1,172 |

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