Corporate Indebtedness (Tables)

12 Months Ended

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

Issuance	December 31, 2022 Unpaid Principal Balance		December 31, 2022 Accreted Balance		December 31, 2021 Accreted Balance		Interest Rate (1)			Initial Term (in Years)	Maturity Date
December 17, 2015 (2)	$	100,000	$	100,000	$	100,000		4.27	%	10	December 2025
October 5, 2017 (3)	—		—		499,913			3.25	%	5	October 2022
November 15, 2012	—		—		301,002			4.50	%	10	December 2022
	$	100,000	$	100,000	$	900,915
Deferred financing costs, net			(308)		(1,607)
	$	100,000	$	99,692	$	899,308

(1)Interest rate as of December 31, 2022, taking into account interest rate hedges in effect during the period.

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

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

Schedule of combined aggregate principal maturities

Combined aggregate principal maturities of mortgages and other loans payable, the 2021 credit facility, the 2022 term loan, trust preferred securities, senior unsecured notes and our share of joint venture debt as of December 31, 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
2023	$	5,827	$	260,148	$	—	$	—	$	—	$	—	$	265,975	$	1,155,465
2024	4,488		332,749		—		600,000		—		—		937,237		894,655
2025	—		370,000		—		—		—		100,000		470,000		1,466,750
2026	—		—		—		—		—		—		—		226,224
2027	—		2,262,750		450,000		1,000,000		—		—		3,712,750		299,417
Thereafter	—		—		—		50,000		100,000		—		150,000		2,130,404
	$	10,315	$	3,225,647	$	450,000	$	1,650,000	$	100,000	$	100,000	$	5,535,962	$	6,172,915

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,
	2022		2021		2020
Interest expense before capitalized interest	$	166,493	$	145,197	$	185,934
Interest on financing leases	4,555		5,448		8,091
Interest capitalized	(82,444)		(78,365)		(75,167)
Amortization of discount on assumed debt	1,855		—		—
Interest income	(986)		(1,389)		(2,179)
Interest expense, net	$	89,473	$	70,891	$	116,679