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Indebtedness
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Indebtedness
NOTE 5: Indebtedness
The following tables contain summary information concerning our consolidated indebtedness as of March 31, 2023:
Debt:Outstanding PrincipalUnamortized Debt Issuance CostsUnamortized Loan (Discount)/PremiumsCarrying
 Amount		Type
Weighted
Average Rate (3)
Weighted
Average
Maturity
(in years)
Unsecured revolver (1)$185,478 $(1,412)$— $184,066 Floating5.8%2.8
Unsecured term loans600,000 (3,230)— 596,770 Floating5.7%4.3
Secured credit facilities (2)617,115 (2,105)25,570 640,580 Floating/Fixed4.3%5.7
Mortgages1,183,435 (6,905)30,686 1,207,216 Fixed3.9%4.9
Total Debt$2,586,028 $(13,652)$56,256 $2,628,632 4.5%4.8
(1)The unsecured revolver total capacity is $500,000, of which $185,478 was outstanding as of March 31, 2023.
(2)The secured credit facilities include the PNC secured credit facility ("PNC MCFA") and the Newmark secured credit facility ("Newmark MCFA") of which $76,248 and $540,867 was outstanding as of March 31, 2023, respectively.
(3)Represents the weighted average of the contractual interest rates in effect as of quarter end without regard to any interest rate swaps or collars. Our total weighted average effective interest rate for the three months ended March 31, 2023, after giving effect to the impact of interest rate swaps and collars, and excluding the impact of loan premium amortization, discount accretion, and interest capitalization was 4.1%.
The following table contains summary information concerning our consolidated indebtedness as of March 31, 2023:
 
Scheduled maturities on our indebtedness outstanding as of March 31, 2023
Debt:20232024202520262027Thereafter
Unsecured revolver$— $— $— $185,478 $— $— 
Unsecured term loans— — — 200,000 — 400,000 
Secured credit facilities— — 3,525 10,493 11,462 591,635 
Mortgages 8,473 69,012 173,631 144,614 15,943 771,762 
Total$8,473 $69,012 $177,156 $540,585 $27,405 $1,763,397 

The following table contains summary information concerning our consolidated indebtedness as of December 31, 2022:
Debt:Outstanding PrincipalUnamortized Debt Issuance CostsUnamortized Loan (Discount)/PremiumsCarrying AmountType
Weighted
Average Rate (3)
Weighted
Average
Maturity
(in years)
Unsecured revolver$165,978 $(1,695)$— $164,283 Floating4.9%3.1
Unsecured term loans600,000 (3,388)— 596,612 Floating5.1%4.5
Secured credit facilities635,128 (2,256)27,670 660,542 Floating/Fixed4.3%5.9
Mortgages 1,185,246 (7,305)32,267 1,210,208 Fixed3.9%5.2
Total Debt$2,586,352 $(14,644)$59,937 $2,631,645 4.5%5.1
(1)The unsecured revolver total capacity was $500,000, of which $165,978 was outstanding as of December 31, 2022.
(2)The secured credit facilities include the PNC MCFA and the Newmark MCFA of which $76,248 and $558,880 was outstanding as of December 31, 2022, respectively.
(3)Represents the weighted average of the contractual interest rates in effect as of quarter end without regard to any interest rate swaps or collars. Our total weighted average effective interest rate as of the year ended December 31, 2022, after giving effect to the impact of interest rate swaps and collars, and excluding the impact of loan premium amortization and discount accretion was 4.1%.
As of March 31, 2023, we were in compliance with all financial covenants contained in the documents governing our indebtedness.