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Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Long-term debt consists of the following.

			December 31,
(in thousands)			2021						2020
Fixed mortgage notes payable due 2023 through 2047; weighted average interest rate of 4.14% and 4.18% as of December 31, 2021 and 2020, respectively.			$	2,164,115					$	2,366,996
Variable mortgage notes payable due 2022 through 2030; weighted average interest rate of 2.44% and 2.49% as of December 31, 2021 and 2020, respectively.			1,476,943						1,529,935
Convertible notes payable due October 2026; weighted average interest rate of 2.00% as of December 31, 2021.			230,000						—
Other notes payable; weighted average interest rate of 8.98% as of December 31, 2020.			—						46,557
Deferred financing costs, net			(29,846)						(27,500)
Total long-term debt			3,841,212						3,915,988
Current portion			63,125						68,885
Total long-term debt, less current portion			$	3,778,087					$	3,847,103

Schedule of Maturities

Year Ending December 31,			Long-term Debt			Weighted Rate
2022			$	68,609		3.54		%
2023			234,453			3.49		%
2024			304,294			4.29		%
2025			348,044			2.81		%
2026			309,269			2.38		%
Thereafter			2,606,389			3.43		%
Total obligations			3,871,058			3.37		%
Less amount representing deferred financing costs, net			(29,846)
Total			$	3,841,212

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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