Corporate Indebtedness (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of senior unsecured notes and other related disclosures by scheduled maturity date

The following table sets forth our senior unsecured notes and other related disclosures as of December 31, 2021 and 2020, respectively, by scheduled maturity date (dollars in thousands):

Issuance	December 31, 2021 Unpaid Principal Balance		December 31, 2021 Accreted Balance		December 31, 2020 Accreted Balance		Interest Rate (1)			Initial Term (in Years)	Maturity Date
October 5, 2017 (2)	$	500,000	$	499,913	$	499,803		3.25	%	5	October 2022
November 15, 2012 (3)	300,000		301,002		302,086			4.50	%	10	December 2022
December 17, 2015 (4)	100,000		100,000		100,000			4.27	%	10	December 2025
August 7, 2018	—		—		350,000			—	%	3	August 2021
	$	900,000	$	900,915	$	1,251,889
Deferred financing costs, net			(1,607)		(3,670)
	$	900,000	$	899,308	$	1,248,219

(1)Interest rate as of December 31, 2021, taking into account interest rate hedges in effect during the period.

(2)Issued by the Operating Partnership with the Company as the guarantor.

(3)In October 2017, the Company and the Operating Partnership as co-obligors issued an additional $100.0 million of 4.50% senior unsecured notes due December 2022. The notes were priced at 105.334% of par.

(4)Issued by the Company and the Operating Partnership as co-obligors.

Schedule of combined aggregate principal maturities

Combined aggregate principal maturities of mortgages and other loans payable, the 2021 credit facility, trust preferred securities, senior unsecured notes and our share of joint venture debt as of December 31, 2021, including as-of-right extension options, were as follows (in thousands):

	Scheduled Amortization		Principal		Revolving Credit Facility		Unsecured Term Loans		Trust Preferred Securities		Senior Unsecured Notes		Total		Joint Venture Debt
2022	$	8,754	$	448,835	$	—	$	—	$	—	$	800,000	$	1,257,589	$	426,057
2023	6,583		50,000		—		—		—		—		56,583		750,696
2024	5,268		332,749		—		200,000		—		—		538,017		616,510
2025	812		—		—		—		—		100,000		100,812		1,391,185
2026	841		—		390,000		—		—		—		390,841		150,486
Thereafter	70		580,548		—		1,050,000		100,000		—		1,730,618		2,435,913
	$	22,328	$	1,412,132	$	390,000	$	1,250,000	$	100,000	$	900,000	$	4,074,460	$	5,770,847

Schedule of consolidated interest expense, excluding capitalized interest

Consolidated interest expense, excluding capitalized interest, was comprised of the following (in thousands):

	Year Ended December 31,
	2021		2020		2019
Interest expense before capitalized interest	$	145,197	$	185,934	$	246,848
Interest on financing leases	5,448		8,091		3,243
Interest capitalized	(78,365)		(75,167)		(55,446)
Interest income	(1,389)		(2,179)		(4,124)
Interest expense, net	$	70,891	$	116,679	$	190,521