Debt Facilities (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

As of September 30, 2022 and December 31, 2021, our mortgage and loans payable consisted of the following (in thousands):

	September 30, 2022		December 31, 2021
Term loans	$	574,786	$	549,697
Mortgage payable and loans payable	35,240		68,691
	610,026		618,388
Less amount representing unamortized debt discount and debt issuance cost	(1,084)		(354)
Add amount representing unamortized mortgage premium	—		1,630
	608,942		619,664
Less current portion	(9,810)		(33,087)
Total	$	599,132	$	586,577

As of September 30, 2022 and December 31, 2021, our senior notes consisted of the following (in thousands):

	September 30, 2022				December 31, 2021
	Amount		Effective Rate		Amount		Effective Rate
2.625% Senior Notes due 2024	$	1,000,000	2.79	%	$	1,000,000	2.79	%
1.250% Senior Notes due 2025	500,000		1.46	%	500,000		1.46	%
1.000% Senior Notes Due 2025	700,000		1.18	%	700,000		1.18	%
2.900% Senior Notes due 2026	600,000		3.04	%	600,000		3.04	%
1.450% Senior Notes due 2026	700,000		1.64	%	700,000		1.64	%
0.250% Euro Senior Notes due 2027	490,100		0.45	%	569,150		0.45	%
1.800% Senior Notes due 2027	500,000		1.96	%	500,000		1.96	%
1.550% Senior Notes due 2028	650,000		1.67	%	650,000		1.67	%
2.000% Senior Notes due 2028	400,000		2.21	%	400,000		2.21	%
3.200% Senior Notes due 2029	1,200,000		3.30	%	1,200,000		3.30	%
2.150% Senior Notes due 2030	1,100,000		2.27	%	1,100,000		2.27	%
2.500% Senior Notes due 2031	1,000,000		2.65	%	1,000,000		2.65	%
3.900% Senior Notes due 2032	1,200,000		4.07	%	—		—	%
1.000% Euro Senior Notes due 2033	588,120		1.18	%	682,980		1.18	%
3.000% Senior Notes due 2050	500,000		3.09	%	500,000		3.09	%
2.950% Senior Notes due 2051	500,000		3.00	%	500,000		3.00	%
3.400% Senior Notes due 2052	500,000		3.50	%	500,000		3.50	%
	12,128,220				11,102,130
Less amount representing unamortized debt issuance cost	(120,095)				(117,986)
	12,008,125				10,984,144
Less current portion	—				—
Total	$	12,008,125			$	10,984,144

Schedule of Maturities of Debt Instruments

The following table sets forth maturities of our debt, including mortgage and loans payable, and senior notes, gross of debt issuance costs, debt discounts and debt premiums, as of September 30, 2022 (in thousands):

Years ending:
2022 (3 months remaining)	$	2,578
2023	9,780
2024	1,009,449
2025	1,208,199
2026	1,307,750
Thereafter	9,200,490
Total	$	12,738,246

Schedule of Fair Value of Debt Instruments

The following table sets forth the estimated fair values of our mortgage and loans payable and senior notes, including current maturities, as of (in thousands):

	September 30, 2022		December 31, 2021
Mortgage and loans payable	$	625,732	$	621,051
Senior notes	9,835,700		11,049,834

Schedule of Interest Charges Incurred

The following table sets forth total interest costs incurred, and total interest costs capitalized for the periods presented (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Interest expense	$	91,346	$	78,943	$	262,137	$	255,855
Interest capitalized	5,512		6,426		14,267		19,217
Interest charges incurred	$	96,858	$	85,369	$	276,404	$	275,072