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Indebtedness
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Indebtedness Indebtedness
The following tables contain summary information concerning our indebtedness as of March 31, 2022:
Debt:Outstanding PrincipalUnamortized Debt Issuance CostsUnamortized Loan (Discount)/PremiumsCarrying
 Amount
TypeWeighted
Average Rate
Weighted
Average
Maturity
(in years)
Unsecured
  revolver(1)
$117,503 $(2,770)$— $114,733 Floating1.7%3.8
Unsecured term
  loans
500,000 (1,897)— 498,103 Floating1.6%2.9
Secured credit
  facilities
635,128 (2,660)31,178 663,646 Floating/Fixed4.0%6.7
Mortgages(2)
1,236,748 (8,796)37,654 1,265,606 Fixed3.9%5.9
Total Debt$2,489,379 $(16,123)$68,832 $2,542,088 3.4%5.4
(1)
The unsecured revolver's maximum borrowing capacity is $500,000, of which $117,503 was outstanding as of March 31, 2022.
(2)Includes indebtedness associated with real estate held for sale.
The following table contains summary information concerning our indebtedness as of March 31, 2022:
 
Scheduled maturities on our indebtedness outstanding as of March 31, 2022
Debt:20222023202420252026Thereafter
Unsecured revolver$— $— $— $— $117,503 $— 
Unsecured term loans— — 300,000 — 200,000 — 
Secured credit facilities— — — 3,525 10,493 621,110 
Mortgages(1)
7,879 10,998 107,848 168,767 131,417 809,839 
Total$7,879 $10,998 $407,848 $172,292 $459,413 $1,430,949 
(1)Includes indebtedness associated with real estate held for sale.
The following table contains summary information concerning our indebtedness as of December 31, 2021:
Debt:Outstanding PrincipalUnamortized Debt Issuance CostsUnamortized Loan (Discount)/PremiumsCarrying AmountTypeWeighted
Average Rate
Weighted
Average
Maturity
(in years)
Unsecured
  revolver(1)
$277,003 $(2,894)$— $274,109 Floating1.5%4.1
Unsecured term
  loans
500,000 (2,049)— 497,951 Floating1.4%3.2
Secured credit
  facilities
635,128 (2,840)32,330 664,618 Floating/Fixed4.0%6.9
Mortgages1,238,612 (9,210)39,256 1,268,658 Fixed3.9%6.2
Total Debt$2,650,743 $(16,993)$71,586 $2,705,336 3.2%5.6
(1)
The unsecured revolver's maximum borrowing capacity was $500,000, of which $277,003 was outstanding as of December 31, 2021.
As of March 31, 2022, we were in compliance with all financial covenants contained in the documents governing our indebtedness.