XML 48 R38.htm IDEA: XBRL DOCUMENT v3.24.3
Indebtedness (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Feb. 28, 2023
USD ($)
Jan. 31, 2023
USD ($)
Sep. 30, 2024
USD ($)
property
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
property
Sep. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
May 31, 2024
USD ($)
property
Dec. 31, 2023
USD ($)
Dec. 21, 2023
USD ($)
Indebtedness                    
Number of properties owned (property) | property     368   368          
Aggregate net book value     $ 4,561,995,000   $ 4,561,995,000       $ 4,797,624,000  
Repayments of lines of credit         0 $ 250,000,000        
Loss on modification or early extinguishment of debt     $ 0 $ 0 $ 209,000 $ 1,075,000        
Held for sale                    
Indebtedness                    
Number of properties owned (property) | property     25   25          
Finance Leased Properties                    
Indebtedness                    
Number of properties owned (property) | property     2   2          
Finance lease obligations     $ 2,743,000   $ 2,743,000          
Finance leased asset, net     21,815,000   21,815,000          
Mortgages                    
Indebtedness                    
Debt face amount               $ 120,000,000    
Aggregate principal amount of mortgage debt     $ 127,889,000   $ 127,889,000          
Number of properties owned (property) | property     9   9          
Aggregate net book value     $ 205,750,000   $ 205,750,000          
Fixed annual interest rate               6.864%    
Mortgages | Medical Office And Life Science                    
Indebtedness                    
Number of properties owned (property) | property               8    
Senior Unsecured Notes, 9.75% due 2025                    
Indebtedness                    
Loss on modification or early extinguishment of debt         $ 209,000          
Senior Secured Note due 2026 | Held for sale                    
Indebtedness                    
Number of properties owned (property) | property     22   22          
Sales price         $ 302,100,000          
Unsecured Debt                    
Indebtedness                    
Debt face amount     $ 2,040,000,000   2,040,000,000          
Unsecured Debt | Unsecured Revolving Credit Facility                    
Indebtedness                    
Unsecured revolving credit facility, maximum borrowing capacity $ 450,000,000 $ 586,373,000               $ 450,000,000
Weighted average annual interest rate       8.30%   7.80%        
Repayments of lines of credit $ 136,373,000 $ 113,627,000                
Loss on modification or early extinguishment of debt           $ 1,075,000        
Secured Debts                    
Indebtedness                    
Debt face amount     940,534,000   940,534,000          
Outstanding principal amount     1,070,598,000   1,070,598,000          
Secured Debts | Senior Secured Note due 2026                    
Indebtedness                    
Debt face amount     $ 940,534,000   $ 940,534,000          
Number of real estate properties collateralized | property     95   95          
Equity interest in each collateral guarantee         100.00%          
Accreted value increase rate     11.25%   11.25%          
Amortization of debt discount     $ 22,034,000   $ 64,133,000          
Debt extension term         1 year          
Initial extension period interest rate     11.25%   11.25%          
Increase in interest rate     0.50%   0.50%          
Senior Notes | Senior Unsecured Notes, 9.75% due 2025                    
Indebtedness                    
Debt face amount     $ 440,000,000   $ 440,000,000          
Fixed annual interest rate     9.75%   9.75%   9.75%      
Debt instrument redeemed             $ 60,000,000      
Senior Notes | Senior Unsecured Notes due 2031                    
Indebtedness                    
Debt face amount     $ 500,000,000   $ 500,000,000          
Fixed annual interest rate     4.375%   4.375%          
Unsecured Debt, Not Guaranteed                    
Indebtedness                    
Debt face amount     $ 1,100,000,000   $ 1,100,000,000          
Senior Unsecured Notes | Senior Unsecured Notes, 9.75% due 2025                    
Indebtedness                    
Outstanding principal amount     $ 440,000,000   $ 440,000,000          
Fixed annual interest rate     9.75%   9.75%          
Senior Unsecured Notes | Senior Unsecured Notes due 2031                    
Indebtedness                    
Fixed annual interest rate     4.375%   4.375%