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Indebtedness (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Summary Information Concerning Indebtedness

The following tables contain summary information concerning our indebtedness as of September 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)						$	197,978					$	(2,046)					$	—					$	195,932					Floating						3.6%						3.3
Unsecured term loans						600,000						(3,093)						—						596,907						Floating						3.4%						4.8
Secured credit facilities						635,128						(2,783)						28,848						661,193						Floating/Fixed						4.2%						6.2
Mortgages(2)						1,233,097						(7,996)						34,492						1,259,593						Fixed						3.9%						5.4
Total Debt						$	2,666,203					$	(15,918)					$	63,340					$	2,713,625											3.8%						5.3

(1)			The unsecured revolver's maximum borrowing capacity is $500,000, of which $197,978 was outstanding as of September 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%						6.1
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 September 30, 2022:

						Scheduled maturities on our indebtedness outstanding as of September 30, 2022
Debt:						2022						2023						2024						2025						2026						Thereafter
Unsecured revolver						$	—					$	—					$	—					$	—					$	197,978					$	—
Unsecured term loans						—						—						—						—						200,000						400,000
Secured credit facilities						—						—						—						3,525						10,492						621,110
Mortgages(1)						2,327						10,998						70,292						194,259						145,383						809,839
Total						$	2,327					$	10,998					$	70,292					$	197,784					$	553,853					$	1,830,949

(1) Includes indebtedness associated with real estate held for sale.

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