XML 69 R56.htm IDEA: XBRL DOCUMENT v3.24.3
MORTGAGE AND OTHER INDEBTEDNESS - Schedule of Term Loans and Revolving Line of Credit (Details)
 9 Months Ended 12 Months Ended
Sep. 30, 2024
USD ($)
extension
Dec. 31, 2023
USD ($)
Jul. 31, 2024
USD ($)
Debt Instrument [Line Items]      
Gross debt $ 3,229,477,000 $ 2,802,941,000  
Unsecured Credit Facility Revolving Line of Credit      
Debt Instrument [Line Items]      
Gross debt $ 0 $ 0  
Interest rate (as a percent) 6.11% 6.58%  
Number of extension options | extension 2    
Extension period 6 months    
Extension fee percentage (as a percent) 0.00075    
Unsecured Term Loans      
Debt Instrument [Line Items]      
Gross debt $ 700,000,000 $ 820,000,000  
Unsecured Term Loan Due 2024 | Unsecured Term Loans      
Debt Instrument [Line Items]      
Gross debt $ 0 $ 120,000,000 $ 120,000,000
Interest rate (as a percent) 0.00% 2.68%  
Variable interest rate, type [Extensible enumeration]   Secured Overnight Financing Rate (SOFR) [Member]  
Fixed interest rate (as a percent)   1.58%  
Variable interest rate (as a percent)   1.10%  
Unsecured Term Loan Due 2024 | Unsecured Term Loans | Minimum      
Debt Instrument [Line Items]      
Credit spread (as a percent)   0.80%  
Unsecured Term Loan Due 2024 | Unsecured Term Loans | Maximum      
Debt Instrument [Line Items]      
Credit spread (as a percent)   1.65%  
Unsecured Term Loan Due 2025 | Unsecured Term Loans      
Debt Instrument [Line Items]      
Gross debt $ 250,000,000 $ 250,000,000  
Interest rate (as a percent) 5.09% 5.09%  
Variable interest rate, type [Extensible enumeration] Secured Overnight Financing Rate (SOFR) [Member]    
Fixed interest rate (as a percent) 5.09%    
Number of extension options | extension 3    
Extension period 1 year    
Unsecured Term Loan Due 2026 | Unsecured Term Loans      
Debt Instrument [Line Items]      
Gross debt $ 150,000,000 $ 150,000,000  
Interest rate (as a percent) 2.73% 2.73%  
Variable interest rate, type [Extensible enumeration] Secured Overnight Financing Rate (SOFR) [Member] Secured Overnight Financing Rate (SOFR) [Member]  
Fixed interest rate (as a percent) 1.68%    
Variable interest rate (as a percent) 1.05% 1.05%  
Unsecured Term Loan Due 2026 | Unsecured Term Loans | Minimum      
Debt Instrument [Line Items]      
Credit spread (as a percent) 0.75%    
Unsecured Term Loan Due 2026 | Unsecured Term Loans | Maximum      
Debt Instrument [Line Items]      
Credit spread (as a percent) 1.60%    
Unsecured Term Loan Due 2029 | Unsecured Term Loans      
Debt Instrument [Line Items]      
Gross debt $ 300,000,000 $ 300,000,000  
Interest rate (as a percent) 3.82% 3.82%  
Variable interest rate, type [Extensible enumeration] Secured Overnight Financing Rate (SOFR) [Member] Secured Overnight Financing Rate (SOFR) [Member]  
Fixed interest rate (as a percent) 2.47%    
Variable interest rate (as a percent) 1.35% 1.35%  
Unsecured Term Loan Due 2029 | Unsecured Term Loans | Minimum      
Debt Instrument [Line Items]      
Credit spread (as a percent) 1.15%    
Unsecured Term Loan Due 2029 | Unsecured Term Loans | Maximum      
Debt Instrument [Line Items]      
Credit spread (as a percent) 2.20%