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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consists of the following.
December 31,
(in thousands)20222021
Fixed mortgage notes payable due 2024 through 2047; weighted average interest rate of 4.14% as of both December 31, 2022 and 2021.
$2,055,867 $2,164,115 
Variable mortgage notes payable due 2023 through 2030; weighted average interest rate of 6.68% and 2.44% as of December 31, 2022 and 2021, respectively.
1,568,555 1,476,943 
Convertible notes payable due October 2026; interest rate of 2.00% as of both December 31, 2022 and 2021.
230,000 230,000 
Tangible equity units senior amortizing notes due November 2025; interest rate of 10.25% as of December 31, 2022.
25,586 — 
Deferred financing costs, net(29,866)(29,846)
Total long-term debt3,850,142 3,841,212 
Current portion66,043 63,125 
Total long-term debt, less current portion$3,784,099 $3,778,087 
Schedule of Maturities


Year Ending December 31,
Long-term
Debt
Weighted Rate
2023$73,176 6.47 %
2024310,214 4.70 %
2025573,885 6.41 %
2026304,779 2.64 %
2027959,872 5.53 %
Thereafter1,658,082 4.81 %
Total obligations3,880,008 5.08 %
Less amount representing deferred financing costs, net(29,866)
Total$3,850,142