Corporate Indebtedness (Tables)

9 Months Ended

Sep. 30, 2022

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 September 30, 2022 and December 31, 2021, respectively, by scheduled maturity date (dollars in thousands):

Issuance	September 30, 2022 Unpaid Principal Balance		September 30, 2022 Accreted Balance		December 31, 2021 Accreted Balance		Interest Rate (1)			Initial Term (in Years)	Maturity Date
October 5, 2017 (2)	$	500,000	$	499,996	$	499,913		3.25	%	5	October 2022
December 17, 2015 (3)	100,000		100,000		100,000			4.27	%	10	December 2025
November 15, 2012	—		—		301,002			—	%	10	December 2022
	$	600,000	$	599,996	$	900,915
Deferred financing costs, net	—		(334)		(1,607)
	$	600,000	$	599,662	$	899,308

(1)Interest rate as of September 30, 2022, taking into account interest rate hedges in effect during the period.

(2)Issued by the Operating Partnership with the Company as the guarantor. In October 2022, these notes were repaid at maturity.

(3)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 September 30, 2022, 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
Remaining 2022	$	1,428	$	210,148	$	—	$	—	$	—	$	500,000	$	711,576	$	412,928
2023	5,827		50,000		—		—		—		—		55,827		750,513
2024	4,488		332,749		—		200,000		—		—		537,237		893,994
2025	—		370,000		—		—		—		100,000		470,000		1,540,234
2026	—		—		—		—		—		—		—		107,137
Thereafter	—		2,262,750		450,000		1,050,000		100,000		—		3,862,750		2,429,821
	$	11,743	$	3,225,647	$	450,000	$	1,250,000	$	100,000	$	600,000	$	5,637,390	$	6,134,627

Schedule of consolidated interest expense, excluding capitalized interest

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Interest expense before capitalized interest	$	40,553	$	34,054	$	105,165	$	112,423
Interest on financing leases	1,099		1,229		3,453		4,215
Interest capitalized	(19,659)		(20,141)		(55,952)		(58,395)
Interest income	(169)		(335)		(812)		(1,088)
Interest expense, net	$	21,824	$	14,807	$	51,854	$	57,155