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v3.23.2

Subsequent Events (Details) - USD ($) |  |  |  |  |  |  | 1 Months Ended | 6 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 26, 2023 | Jul. 03, 2023 | Apr. 25, 2023 | Feb. 21, 2023 | Apr. 26, 2022 | Feb. 22, 2022 | Jul. 26, 2023 | Jun. 30, 2023 | Jun. 30, 2022
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Cash dividend declared (in dollars per share) |  |  | $ 0.20 | $ 0.20 | $ 0.20 | $ 0.20 |  |  | $ 0.40
Repayments under revolving credit facilities |  |  |  |  |  |  |  | $ 228,000,000 | $ 72,000,000
Amount drawn |  |  |  |  |  |  |  | $ 221,000,000 | $ 245,000,000
Subsequent Event |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Cash dividend declared (in dollars per share) | $ 0.205 |  |  |  |  |  |  |  |
Subsequent Event | Credit Facility | Line of Credit |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Repayments under revolving credit facilities |  |  |  |  |  |  | $ 106,000,000 |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 250,000,000 |  |  |  |  |  |  |
Increase in borrowing capacity |  | 400,000,000 |  |  |  |  |  |  |
Amount drawn |  | $ 150,000,000 |  |  |  |  |  |  |
Delayed draw period |  | 12 months |  |  |  |  |  |  |
All-in fixed interest rate |  | 4.99% |  |  |  |  |  |  |
Fixed rate SOFR swap |  | 3.74% |  |  |  |  |  |  |
Credit spread adjustment |  | 0.10% |  |  |  |  |  |  |
Borrowing spread |  | 1.15% |  |  |  |  |  |  |
Interest rate reduction (up to) |  | 0.025% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR | Minimum | Prior To Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 1.15% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR | Minimum | After Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 0.80% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR | Maximum | Prior To Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 1.60% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR | Maximum | After Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 1.60% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR margin rate | Minimum | Prior To Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 0.15% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | SOFR margin rate | Maximum | Prior To Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 0.60% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) Base Rate | Minimum | After Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 0.00% |  |  |  |  |  |  |
Subsequent Event | 2029 Term Loan Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) Base Rate | Maximum | After Investment Grade |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |
Variable rate |  | 0.60% |  |  |  |  |  |  |

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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
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