XML 44 R34.htm IDEA: XBRL DOCUMENT v3.23.1
Indebtedness - Summary Information Concerning Indebtedness (Detail) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Debt Instrument [Line Items]    
Outstanding Principal $ 2,586,028,000 $ 2,586,352,000
Unamortized Debt Issuance Costs (13,652,000) (14,644,000)
Unamortized Loan (Discount)/Premiums 56,256,000 59,937,000
Carrying  Amount $ 2,628,632,000 $ 2,631,645,000
Weighted Average Rate 4.50% 4.50%
Weighted Average Maturity (in years) 4 years 9 months 18 days 5 years 1 month 6 days
Effective interest rate, percentage   4.10%
Unsecured revolver    
Debt Instrument [Line Items]    
Outstanding Principal $ 185,478,000 $ 165,978,000
Unamortized Debt Issuance Costs (1,412,000) (1,695,000)
Unamortized Loan (Discount)/Premiums 0 0
Carrying  Amount $ 184,066,000 $ 164,283,000
Weighted Average Rate 5.80% 4.90%
Weighted Average Maturity (in years) 2 years 9 months 18 days 3 years 1 month 6 days
Credit facility borrowing capacity $ 500,000,000 $ 500,000,000
Unsecured term loans    
Debt Instrument [Line Items]    
Outstanding Principal 600,000,000 600,000,000
Unamortized Debt Issuance Costs (3,230,000) (3,388,000)
Unamortized Loan (Discount)/Premiums 0 0
Carrying  Amount $ 596,770,000 $ 596,612,000
Weighted Average Rate 5.70% 5.10%
Weighted Average Maturity (in years) 4 years 3 months 18 days 4 years 6 months
Secured credit facilities    
Debt Instrument [Line Items]    
Outstanding Principal $ 617,115,000 $ 635,128,000
Unamortized Debt Issuance Costs (2,105,000) (2,256,000)
Unamortized Loan (Discount)/Premiums 25,570,000 27,670,000
Carrying  Amount $ 640,580,000 $ 660,542,000
Weighted Average Rate 4.30% 4.30%
Weighted Average Maturity (in years) 5 years 8 months 12 days 5 years 10 months 24 days
Secured credit facilities | P N C Master Credit Facility    
Debt Instrument [Line Items]    
Outstanding Principal $ 76,248,000 $ 76,248,000
Secured credit facilities | Newmark Master Credit Facility    
Debt Instrument [Line Items]    
Outstanding Principal 540,867,000 558,880,000
Mortgages    
Debt Instrument [Line Items]    
Outstanding Principal 1,183,435,000 1,185,246,000
Unamortized Debt Issuance Costs (6,905,000) (7,305,000)
Unamortized Loan (Discount)/Premiums 30,686,000 32,267,000
Carrying  Amount $ 1,207,216,000 $ 1,210,208,000
Weighted Average Rate 3.90% 3.90%
Weighted Average Maturity (in years) 4 years 10 months 24 days 5 years 2 months 12 days