Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule Of Aggregate Principal Payments On Mortgage Notes

Contractual aggregate principal payments of mortgage notes payable at December 31, 2023 are as follows (dollars in thousands): 

	Principal Payments
2024	$	—
2025	300,000
2026	—
2027	2,300,000
2028	600,000
Thereafter	1,000,000
Total aggregate principal payments	4,200,000
Less:
Deferred financing costs, net	29,270
Fair value debt adjustment	4,351
Total carrying value of mortgage notes payable, net	$	4,166,379

Schedule of Long-term Debt Instruments

The following summarizes the unsecured senior notes outstanding as of December 31, 2023 (dollars in thousands): 

	Coupon/Stated Rate		Effective Rate(1)		Principal Amount		Maturity Date(2)
10.5 Year Unsecured Senior Notes (3)	3.800	%	3.916	%	$	700,000	February 1, 2024
7 Year Unsecured Senior Notes	3.200	%	3.350	%	850,000		January 15, 2025
10 Year Unsecured Senior Notes	3.650	%	3.766	%	1,000,000		February 1, 2026
10 Year Unsecured Senior Notes	2.750	%	3.495	%	1,000,000		October 1, 2026
5 Year Unsecured Senior Notes	6.750	%	6.924	%	750,000		December 1, 2027
10 Year Unsecured Senior Notes	4.500	%	4.628	%	1,000,000		December 1, 2028
10 Year Unsecured Senior Notes	3.400	%	3.505	%	850,000		June 21, 2029
10.5 Year Unsecured Senior Notes	2.900	%	2.984	%	700,000		March 15, 2030
10.75 Year Unsecured Senior Notes	3.250	%	3.343	%	1,250,000		January 30, 2031
11 Year Unsecured Senior Notes	2.550	%	2.671	%	850,000		April 1, 2032
12 Year Unsecured Senior Notes	2.450	%	2.524	%	850,000		October 1, 2033
10.7 Year Unsecured Senior Notes	6.500	%	6.619	%	750,000		January 15, 2034
Total principal					10,550,000
Less:
Net unamortized discount					13,302
Deferred financing costs, net					45,081
Total					$	10,491,617

_______________

(1)Yield on issuance date including the effects of discounts on the notes, settlements of interest rate contracts and the amortization of financing costs.

(2)No principal amounts are due prior to maturity.

(3)See Note 17.