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Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of debt | Long-term debt consists of the following:
| December 31,
(in thousands) | 2020 |  | 2019
Fixed mortgage notes payable due 2021 through 2047; weighted average interest rate of 4.18% and 4.80% as of December 31, 2020 and 2019, respectively. | $ | 2,366,996 |  |  | $ | 2,270,811 |
Variable mortgage notes payable due 2022 through 2030, weighted average interest rate of 2.49% and 4.10% as of December 31, 2020 and 2019, respectively. | 1,529,935 |  |  | 1,242,921 |
Other notes payable due 2021 to 2025; weighted average interest rate of 8.98% and 5.77% as of December 31, 2020 and 2019, respectively. | 46,557 |  |  | 58,388 |
Debt discount and deferred financing costs, net | (27,500) |  |  | (16,997) |
Total long-term debt | 3,915,988 |  |  | 3,555,123 |
Current portion | 68,885 |  |  | 339,413 |
Total long-term debt, less current portion | $ | 3,847,103 |  |  | $ | 3,215,710 |
Annual aggregate scheduled maturities of long-term debt obligations outstanding | The annual aggregate scheduled maturities of long-term debt outstanding as of December 31, 2020 are as follows (in thousands):
Year Ending December 31, | Long-term Debt | Weighted Rate
2021 | $ | 73,673 |  | 4.26 | %
2022 | 352,366 |  | 3.57 | %
2023 | 234,448 |  | 3.51 | %
2024 | 304,239 |  | 4.29 | %
2025 | 292,972 |  | 3.99 | %
Thereafter | 2,685,790 |  | 3.45 | %
Total obligations | 3,943,488 |  | 3.59 | %
Less amount representing debt discount and deferred financing costs, net | (27,500) |  |
Total | $ | 3,915,988 |  |

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