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v3.23.3

MORTGAGE AND OTHER INDEBTEDNESS - Schedule of Term Loans and Revolving Line of Credit (Details) $ in Thousands | 9 Months Ended |
--- | --- | ---
Sep. 30, 2023 USD ($) extension | Dec. 31, 2022 USD ($)
Debt Instrument [Line Items] |  |
Gross debt | $ 2,843,202 | $ 2,978,256
Unsecured credit facility revolving line of credit |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 39,000 | $ 0
Interest rate | 6.51% | 5.56%
Number of extension options | extension | 2 |
Maturity date extension period | 6 months |
Extension fee percentage | 0.00075 |
Unsecured term loans |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 820,000 | $ 820,000
Unsecured term loans | Unsecured term loan due 2024 |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 120,000 | $ 120,000
Interest rate | 2.68% | 2.68%
Unsecured term loans | Unsecured term loan due 2024 | SOFR |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 120,000 |
Fixed interest rate | 1.58% |
Variable interest rate | 1.10% | 1.10%
Unsecured term loans | Unsecured term loan due 2024 | SOFR | Minimum |  |
Debt Instrument [Line Items] |  |
Credit spread | 0.80% |
Unsecured term loans | Unsecured term loan due 2024 | SOFR | Maximum |  |
Debt Instrument [Line Items] |  |
Credit spread | 1.65% |
Unsecured term loans | Unsecured term loan due 2025 |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 250,000 | $ 250,000
Interest rate | 5.09% | 5.09%
Number of extension options | extension | 3 |
Maturity date extension period | 1 year |
Unsecured term loans | Unsecured term loan due 2025 | SOFR |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 250,000 |
Fixed interest rate | 5.09% |
Unsecured term loans | Unsecured term loan due 2026 |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 150,000 | $ 150,000
Interest rate | 2.73% | 2.73%
Unsecured term loans | Unsecured term loan due 2026 | SOFR |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 150,000 |
Fixed interest rate | 1.68% |
Variable interest rate | 1.05% | 1.05%
Unsecured term loans | Unsecured term loan due 2026 | SOFR | Minimum |  |
Debt Instrument [Line Items] |  |
Credit spread | 0.75% |
Unsecured term loans | Unsecured term loan due 2026 | SOFR | Maximum |  |
Debt Instrument [Line Items] |  |
Credit spread | 1.60% |
Unsecured term loans | Unsecured term loan due 2029 |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 300,000 | $ 300,000
Interest rate | 4.05% | 4.05%
Unsecured term loans | Unsecured term loan due 2029 | SOFR |  |
Debt Instrument [Line Items] |  |
Gross debt | $ 300,000 |
Fixed interest rate | 2.70% |
Variable interest rate | 1.35% | 1.35%
Unsecured term loans | Unsecured term loan due 2029 | SOFR | Minimum |  |
Debt Instrument [Line Items] |  |
Credit spread | 1.15% |
Unsecured term loans | Unsecured term loan due 2029 | SOFR | Maximum |  |
Debt Instrument [Line Items] |  |
Credit spread | 2.20% |

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