XML 52 R42.htm IDEA: XBRL DOCUMENT v3.23.1
BORROWINGS - Additional information (Details)
€ in Millions, £ in Millions, kr in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 23, 2021
USD ($)
Feb. 28, 2019
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Mar. 31, 2023
SEK (kr)
Mar. 31, 2023
GBP (£)
Mar. 31, 2023
EUR (€)
Dec. 31, 2022
SEK (kr)
Dec. 31, 2022
GBP (£)
Dec. 31, 2022
EUR (€)
Apr. 30, 2022
USD ($)
Apr. 01, 2022
USD ($)
Feb. 25, 2022
USD ($)
Nov. 04, 2021
USD ($)
Feb. 25, 2021
USD ($)
Nov. 04, 2020
USD ($)
Sep. 29, 2020
USD ($)
Sep. 24, 2020
USD ($)
Aug. 03, 2020
USD ($)
Debt Instrument [Line Items]                                      
Borrowings under credit facilities     $ 769,112,000 $ 729,144,000                              
February 21, 2019 | Line of Credit                                      
Debt Instrument [Line Items]                                      
Commitment aggregate amount   $ 800,000,000 $ 1,100,000,000 1,100,000,000               $ 1,100,000,000 $ 965,000,000 $ 875,000,000          
Line of credit facility commitment aggregate value   $ 1,200,000,000                   $ 1,500,000,000 $ 1,500,000,000            
Debt instrument, basis spread on variable floor rate (as percent)   1.00%                                  
Percentage of unused portion of credit facility, greater than two-third of commitments (as percent)   0.50%                                  
Percentage of unused portion of credit facility, less than two-third of commitments (as percent)   0.375%                                  
Debt issuance costs, financing fees   $ 6,400,000                 $ 1,700,000                
Effective interest rate     6.277%   6.277% 6.277% 6.277%                        
Line Of Credit, Repayment Period After Maturity     1 year                                
February 21, 2019 | Line of Credit | Interest Period Of One Month                                      
Debt Instrument [Line Items]                                      
Debt instrument, credit spread adjustment   0.0010                                  
February 21, 2019 | Line of Credit | Interest Period Of Three Month                                      
Debt Instrument [Line Items]                                      
Debt instrument, credit spread adjustment   0.0015                                  
February 21, 2019 | Line of Credit | Interest Period Of Six Month                                      
Debt Instrument [Line Items]                                      
Debt instrument, credit spread adjustment   0.0025                                  
February 21, 2019 | Fair Value, Inputs, Level 3 | Line of Credit                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 769,100,000 729,100,000                              
February 21, 2019 | Base Rate | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   1.25%                                  
February 21, 2019 | Base Rate | Line of Credit | External Credit Rating, Investment Grade                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   1.00%                                  
February 21, 2019 | SOFR | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.25%                                  
February 21, 2019 | SOFR | Line of Credit | External Credit Rating, Investment Grade                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.00%                                  
February 21, 2019 | Applicable Rate | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.00%                                  
February 21, 2019 | Applicable Rate | Line of Credit | External Credit Rating, Non Investment Grade                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.25%                                  
February 21, 2019 | Screen Rate | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.20%                                  
February 21, 2019 | Screen Rate | Line of Credit | External Credit Rating, Non Investment Grade                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   2.45%                                  
February 21, 2019 | Federal Funds Purchased | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   0.50%                                  
February 21, 2019 | Overnight Bank Funding Rate | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   0.50%                                  
February 21, 2019 | One-Month Secured Overnight Financing Rate (SOFR) | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate   1.00%                                  
Debt instrument, credit spread adjustment   0.0010                                  
Debt Denominated In U.S Dollars | Line of Credit                                      
Debt Instrument [Line Items]                                      
Borrowings under credit facilities     $ 532,500,000 $ 497,500,000                              
Effective interest rate     6.798% 6.324% 6.798% 6.798% 6.798% 6.324% 6.324% 6.324%                  
Debt Denominated In U.S Dollars | One-Month Secured Overnight Financing Rate (SOFR) | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate     4.698%                                
Debt Denominated In U.S Dollars | LIBOR | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate       4.224%                              
Debt Denominated In Swedish Kronas | Line of Credit                                      
Debt Instrument [Line Items]                                      
Borrowings under credit facilities     $ 1,200,000 $ 1,200,000 kr 12.8     kr 12.8                      
Effective interest rate     5.00% 4.375% 5.00% 5.00% 5.00% 4.375% 4.375% 4.375%                  
Debt Denominated In Swedish Kronas | Stockholm Interbank Offered Rate (STIBOR) | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate     3.00% 2.375%                              
Debt Denominated In British Pounds | Line of Credit                                      
Debt Instrument [Line Items]                                      
Borrowings under credit facilities     $ 84,800,000 $ 82,500,000   £ 68.6     £ 68.6                    
Effective interest rate     5.96% 4.96% 5.96% 5.96% 5.96% 4.96% 4.96% 4.96%                  
Debt Denominated In British Pounds | Sterling Overnight Index Average (SONIA) | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate     3.96% 2.96%                              
Debt Denominated In Euro | Line of Credit                                      
Debt Instrument [Line Items]                                      
Borrowings under credit facilities     $ 150,600,000 $ 147,900,000     € 138.6     € 138.6                  
Effective interest rate     4.625% 3.625% 4.625% 4.625% 4.625% 3.625% 3.625% 3.625%                  
Debt Denominated In Euro | Euro Interbank Offered Rate (EURIBOR) | Line of Credit                                      
Debt Instrument [Line Items]                                      
Debt instrument, basis spread on variable rate     2.625% 1.625%                              
September 24, 2020 - August 2025 Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount                                 $ 25,000,000 $ 25,000,000 $ 50,000,000
Fixed interest rate     4.66%   4.66% 4.66% 4.66%                       4.66%
Debt Instrument, Ownership Percentage For Immediate Conversion     66.67%   66.67% 66.67% 66.67%                        
September 24, 2020 - August 2025 Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 46,600,000 $ 46,100,000                              
November 5, 2020 - Series B Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount                               $ 62,500,000      
Fixed interest rate     4.25%   4.25% 4.25% 4.25%                 4.25%      
November 5, 2020 - Series B Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 56,800,000 56,800,000                              
November 5, 2020 - Series C Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount                               $ 112,500,000      
Fixed interest rate     4.75%   4.75% 4.75% 4.75%                 4.75%      
November 5, 2020 - Series C Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 98,300,000 97,700,000                              
Series B And Series C Senior Unsecured Notes Due November | Notes                                      
Debt Instrument [Line Items]                                      
Interest rate extended                               0.0075      
Investment grade conditions                               0.0150      
February 25, 2021 Series D Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount                             $ 80,000,000        
Fixed interest rate     3.41%   3.41% 3.41% 3.41%               3.41%        
February 25, 2021 Series D Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 70,900,000 69,600,000                              
February 25, 2021 Series E Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount                             $ 70,000,000        
Fixed interest rate     4.06%   4.06% 4.06% 4.06%               4.06%        
February 25, 2021 Series E Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 59,100,000 57,800,000                              
Series D And Series E Senior Unsecured Notes Due February | Notes                                      
Debt Instrument [Line Items]                                      
Interest rate extended                             0.0075        
Investment grade conditions                             0.0150        
Debt Instrument, Ownership Percentage For Immediate Conversion     66.67%   66.67% 66.67% 66.67%                        
November 23, 2021 - November 2026 Notes | Notes                                      
Debt Instrument [Line Items]                                      
Aggregate principal amount $ 350,000,000                                    
Fixed interest rate 3.30%   3.30%   3.30% 3.30% 3.30%                        
Redemption percentage on purchase price (as percent) 100.00%                                    
Debt Instrument, Ownership Percentage For Immediate Conversion     66.67%   66.67% 66.67% 66.67%                        
November 23, 2021 - November 2026 Notes | Fair Value, Inputs, Level 3 | Notes                                      
Debt Instrument [Line Items]                                      
Fair value of long-term debt     $ 296,500,000 $ 294,600,000