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Indebtedness (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Summary Information Concerning Indebtedness | The following tables contain summary information concerning our consolidated indebtedness as of September 30, 2023:
Consolidated Debt: |  | Outstanding Principal |  | Unamortized Debt Issuance Costs |  | Unamortized Loan (Discount)/Premiums |  | Carrying Amount |  | Type |  | Weighted Average Rate (3) |  | Weighted Average Maturity (in years)
Unsecured revolver (1) |  | $ | 241,479 |  |  | $ | (1,244) |  |  | $ | — |  |  | $ | 240,235 |  |  | Floating |  | 6.6% |  | 2.3
Unsecured term loans |  | 600,000 |  |  | (2,610) |  |  | — |  |  | 597,390 |  |  | Floating |  | 6.5% |  | 3.8
Secured credit facilities |  | 617,114 |  |  | (2,158) |  |  | 23,248 |  |  | 638,204 |  |  | Floating/Fixed |  | 4.3% |  | 5.2
Mortgages (2) |  | 1,218,462 |  |  | (6,105) |  |  | 27,524 |  |  | 1,239,881 |  |  | Fixed |  | 4.0% |  | 4.4
Total Consolidated Debt |  | $ | 2,677,055 |  |  | $ | (12,117) |  |  | $ | 50,772 |  |  | $ | 2,715,710 |  |  |  |  | 4.9% |  | 4.2
(1)The unsecured revolver total capacity is $500,000, of which $241,479 was outstanding as of September 30, 2023. (2)Includes indebtedness associated with real estate held for sale of $40,593. (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 September 30, 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 4.2%. The following table contains summary information concerning our consolidated indebtedness as of December 31, 2022:
Consolidated Debt: |  | Outstanding Principal |  | Unamortized Debt Issuance Costs |  | Unamortized Loan (Discount)/Premiums |  | Carrying Amount |  | Type |  | Weighted Average Rate (3) |  | Weighted Average Maturity (in years)
Unsecured revolver (1) |  | $ | 165,978 |  |  | $ | (1,695) |  |  | $ | — |  |  | $ | 164,283 |  |  | Floating |  | 4.9% |  | 3.1
Unsecured term loans |  | 600,000 |  |  | (3,388) |  |  | — |  |  | 596,612 |  |  | Floating |  | 5.1% |  | 4.5
Secured credit facilities |  | 635,128 |  |  | (2,256) |  |  | 27,670 |  |  | 660,542 |  |  | Floating/Fixed |  | 4.3% |  | 5.9
Mortgages (2) |  | 1,185,246 |  |  | (7,305) |  |  | 32,267 |  |  | 1,210,208 |  |  | Fixed |  | 3.9% |  | 5.2
Total Consolidated 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)Includes indebtedness associated with real estate held for sale. (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%.
Schedule of Maturities of Long-term Debt | The following table contains summary information concerning our consolidated indebtedness as of September 30, 2023:
|  | Scheduled maturities on our consolidated indebtedness outstanding as of September 30, 2023
Consolidated Debt: |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter |
Unsecured revolver |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 241,479 |  |  | $ | — |  |  | $ | — |  |
Unsecured term loans |  | — |  |  | — |  |  | — |  |  | 200,000 |  |  | — |  |  | 400,000 |  |
Secured credit facilities |  | — |  |  | — |  |  | 3,525 |  |  | 10,493 |  |  | 11,462 |  |  | 591,634 |  |
Mortgages (1) |  | 2,873 |  |  | 68,318 |  |  | 214,667 |  |  | 144,949 |  |  | 15,946 |  |  | 771,709 |  |
Total |  | $ | 2,873 |  |  | $ | 68,318 |  |  | $ | 218,192 |  |  | $ | 596,921 |  |  | $ | 27,408 |  |  | $ | 1,763,343 |  |
(1)Includes indebtedness associated with real estate held for sale.

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