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Debt (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of debt | The table below summarizes the Company's key terms and carrying value of debt:
| September 30, 2022 |  | December 31, 2021
| Outstanding Borrowings (in thousands) |  | Contractual Weighted Avg Interest Rate(1) |  | Maturity Range(1) |  | Outstanding Borrowings (in thousands)
|  |  | From |  | To |
Secured Debt Financings |  |  |  |  |  |  |  |  |
Asset-backed securitization term instruments | $ | 2,967,550 |  |  | 2.04% |  | February 2028 |  | February 2031 |  | $ | 3,801,777 |
Asset-backed securitization warehouse | 452,000 |  |  | 4.68% |  | April 2029 |  | April 2029 |  | 225,000 |
Finance lease obligations | — |  |  |  |  | — |  | — |  | 15,042 |
Total secured debt financings | 3,419,550 |  |  |  |  |  |  |  |  | 4,041,819 |
Unsecured Debt Financings |  |  |  |  |  |  |  |  |
Senior notes | 2,900,000 |  |  | 2.11% |  | August 2023 |  | March 2032 |  | 2,300,000 |
Term loan facilities | 1,104,000 |  |  | 4.50% |  | May 2026 |  | May 2026 |  | 1,176,000 |
Revolving credit facilities | 930,000 |  |  | 4.49% |  | October 2026 |  | October 2026 |  | 1,112,000 |
Total unsecured debt financings | 4,934,000 |  |  |  |  |  |  |  |  | 4,588,000 |
Unamortized debt costs | (58,192) |  |  |  |  |  |  |  |  | (63,794) |
Unamortized debt premiums & discounts | (5,065) |  |  |  |  |  |  |  |  | (3,508) |
Debt, net of unamortized costs | $ | 8,290,293 |  |  |  |  |  |  |  |  | $ | 8,562,517 |
(1) Data as of September 30, 2022. The following table summarizes the Company's outstanding fixed-rate and floating-rate debt as of September 30, 2022:
| Balance Outstanding (in thousands) |  | Contractual Weighted Avg Interest Rate |  | Maturity Range |  | Weighted Avg Remaining Term
|  |  | From |  | To |
Excluding impact of derivative instruments: |  |  |  |  |  |  |  |  |
Fixed-rate debt | $5,867,550 |  | 2.08% |  | Aug 2023 |  | Mar 2032 |  | 4.7 years
Floating-rate debt | $2,486,000 |  | 4.53% |  | May 2026 |  | Apr 2029 |  | 4.0 years
Including impact of derivative instruments: |  |  |  |  |  |  |  |  |
Fixed-rate debt | $5,867,550 |  | 2.08% |  |  |  |  |  |
Hedged floating-rate debt | $1,339,750 |  | 3.62% |  |  |  |  |  |
Total fixed and hedged debt | $7,207,300 |  | 2.36% |  |  |  |  |  |
Unhedged floating-rate debt | $1,146,250 |  | 4.53% |  |  |  |  |  |
Total | $8,353,550 |  | 2.67% |  |  |  |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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