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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of debt
Long-term debt consists of the following:
December 31,
(in thousands)20202019
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 debt3,915,988 3,555,123 
Current portion68,885 339,413 
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 %
2022352,366 3.57 %
2023234,448 3.51 %
2024304,239 4.29 %
2025292,972 3.99 %
Thereafter2,685,790 3.45 %
Total obligations3,943,488 3.59 %
Less amount representing debt discount and deferred financing costs, net(27,500)
Total$3,915,988