XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.22.2

Indebtedness (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Debt Disclosure [Abstract] |
Summary Information Concerning Indebtedness | The following tables contain summary information concerning our indebtedness as of June 30, 2022:
Debt: |  | Outstanding Principal |  | Unamortized Debt Issuance Costs |  | Unamortized Loan (Discount)/Premiums |  | Carrying Amount |  | Type |  | Weighted Average Rate |  | Weighted Average Maturity (in years)
Unsecured revolver(1) |  | $ | 132,003 |  |  | $ | (2,597) |  |  | $ | — |  |  | $ | 129,406 |  |  | Floating |  | 2.8% |  | 3.6
Unsecured term loans |  | 500,000 |  |  | (1,745) |  |  | — |  |  | 498,255 |  |  | Floating |  | 2.7% |  | 2.7
Secured credit facilities |  | 635,128 |  |  | (2,478) |  |  | 30,018 |  |  | 662,668 |  |  | Floating/Fixed |  | 4.1% |  | 6.4
Mortgages(2) |  | 1,234,932 |  |  | (8,398) |  |  | 36,073 |  |  | 1,262,607 |  |  | Fixed |  | 3.9% |  | 5.7
Total Debt |  | $ | 2,502,063 |  |  | $ | (15,218) |  |  | $ | 66,091 |  |  | $ | 2,552,936 |  |  |  |  | 3.6% |  | 5.2
(1) | The unsecured revolver's maximum borrowing capacity is $500,000, of which $132,003 was outstanding as of June 30, 2022.
(2) | 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 Principal |  | Unamortized Debt Issuance Costs |  | Unamortized Loan (Discount)/Premiums |  | Carrying Amount |  | Type |  | Weighted Average Rate |  | Weighted Average Maturity (in years)
Unsecured revolver(1) |  | $ | 277,003 |  |  | $ | (2,894) |  |  | $ | — |  |  | $ | 274,109 |  |  | Floating |  | 1.5% |  | 4.1
Unsecured term loans |  | 500,000 |  |  | (2,049) |  |  | — |  |  | 497,951 |  |  | Floating |  | 1.4% |  | 3.2
Secured credit facilities |  | 635,128 |  |  | (2,840) |  |  | 32,330 |  |  | 664,618 |  |  | Floating/Fixed |  | 4.0% |  | 6.9
Mortgages |  | 1,238,612 |  |  | (9,210) |  |  | 39,256 |  |  | 1,268,658 |  |  | Fixed |  | 3.9% |  | 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.
Schedule of Maturities of Long-term Debt | The following table contains summary information concerning our indebtedness as of June 30, 2022:
|  | Scheduled maturities on our indebtedness outstanding as of June 30, 2022
Debt: |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter |
Unsecured revolver |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 132,003 |  |  | $ | — |  |
Unsecured term loans |  | — |  |  | — |  |  | 300,000 |  |  | — |  |  | 200,000 |  |  | — |  |
Secured credit facilities |  | — |  |  | — |  |  | — |  |  | 3,525 |  |  | 10,493 |  |  | 621,110 |  |
Mortgages(1) |  | 6,754 |  |  | 10,998 |  |  | 107,621 |  |  | 168,554 |  |  | 131,166 |  |  | 809,839 |  |
Total |  | $ | 6,754 |  |  | $ | 10,998 |  |  | $ | 407,621 |  |  | $ | 172,079 |  |  | $ | 473,662 |  |  | $ | 1,430,949 |  |
(1) | Includes indebtedness associated with real estate held for sale. |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration