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Notes and Bonds Payable (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Instrument [Line Items]  
Schedule of debt
 DECEMBER 31,
MATURITY DATES
CONTRACTUAL INTEREST RATESEFFECTIVE INTEREST RATESPRINCIPAL PAYMENTSINTEREST PAYMENTS
Dollars in thousands20222021
$700M Unsecured Credit Facility
$— $210,000 5/23
LIBOR + 0.90%
N/AAt maturityMonthly
$1.5B Unsecured Credit Facility
385,000 — 10/25
SOFR + 0.95%
5.27 %At maturityMonthly
$350M Unsecured Term Loan 1
349,114 — 7/23
SOFR + 1.05%
5.17 %At maturityMonthly
$200M Unsecured Term Loan 1
199,670 199,460 5/24
SOFR + 1.05%
5.17 %At maturityMonthly
$150M Unsecured Term Loan 1
149,495 149,376 6/26
SOFR + 1.05%
5.17 %At maturityMonthly
$300M Unsecured Term Loan 1
299,936 — 10/25
SOFR + 1.05%
5.17 %At maturityMonthly
$200M Unsecured Term Loan 1
199,362 — 7/27
SOFR + 1.05%
5.17 %At maturityMonthly
$300M Unsecured Term Loan 1
297,869 — 1/28
SOFR + 1.05%
5.17 %At maturityMonthly
Senior Notes due 2025 1
249,115 249,040 5/253.88 %4.12 %At maturitySemi-annual
Senior Notes due 2026 1
571,587 — 8/263.50 %4.94 %At maturitySemi-annual
Senior Notes due 2027 1
479,553 — 7/273.75 %4.76 %At maturitySemi-annual
Senior Notes due 2028 1
296,852 296,612 1/283.63 %3.85 %At maturitySemi-annual
Senior Notes due 2030 1
565,402 — 2/303.10 %5.30 %At maturitySemi-annual
Senior Notes due 2030 1
296,385 296,813 3/302.40 %2.72 %At maturitySemi-annual
Senior Notes due 2031 1
295,547 295,374 3/312.05 %2.25 %At maturitySemi-annual
Senior Notes due 2031 1
632,693 — 3/312.00 %5.13 %At maturitySemi-annual
Mortgage notes payable 2
84,247 104,650 8/23-12/26
    3.31%-4.77%
3.42%-4.84%
MonthlyMonthly
$5,351,827 $1,801,325 
1Balances are shown net of discounts and unamortized issuance costs.
2Balances are shown net of discounts and unamortized issuance costs and include premiums.
Schedule of debt exchange offers The following sets forth the results of the Exchange Offers:
Series of Old HR NotesTenders and Consents Received as of the Expiration DatePercentage of Total Outstanding Principal Amount of Such Series of Old HR Notes
3.875 %
Senior Notes due 2025
$235,016,00094.01 %
3.625 %
Senior Notes due 2028
$290,246,00096.75 %
2.400 %
Senior Notes due 2030
$297,507,00099.17 %
2.050 %
Senior Notes due 2031
$298,858,00099.62 %
Schedule of senior notes assumed with the merger The Legacy Senior Notes assumed by the Company consist of the following:
 COUPONPRINCIPAL OUTSTANDING AS OF
Dollars in thousandsFACE VALUE12/31/202212/31/2021
Senior Notes due 20263.50%$600,000 $600,000 $— 
Senior Notes due 20273.75%500,000 500,000 — 
Senior Notes due 20303.10%650,000 650,000 — 
Senior Notes due 20312.00%800,000 800,000 — 
$2,550,000 $2,550,000 $— 
Schedule of mortgage notes payable
The following table details the Company’s mortgage notes payable, with related collateral.
 ORIGINAL BALANCE
EFFECTIVE INTEREST RATE 10
MATURITY
DATE
COLLATERAL 11
PRINCIPAL AND
INTEREST PAYMENTS 9
INVESTMENT IN COLLATERAL
at December 31,		BALANCE
at December 31,
Dollars in millions202220222021
Commercial Bank 1
15.0 5.25 %4/27MOB
Monthly/20-yr amort.
— — 6.1 
Life Insurance Co. 2
11.0 3.64 %5/27MOB
Monthly/10-yr amort.
— — 11.6 
Life Insurance Co. 3
12.3 3.86 %8/23MOB
Monthly/7-yr amort.
25.9 10.0 10.3 
Life Insurance Co. 4
9.0 4.84 %12/23MOB,OFC
Monthly/10-yr amort.
24.5 6.8 7.1 
Life Insurance Co. 5
13.3 4.13 %1/24MOB
Monthly/10-yr amort.
22.5 11.7 12.0 
Life Insurance Co. 6
6.8 3.96 %2/24MOB
Monthly/7-yr amort.
14.7 5.8 6.0 
Financial Services 7
9.7 4.32 %9/24MOB
Monthly/10-yr amort.
16.6 7.5 7.8 
Life Insurance Co. 8
16.5 3.43 %12/25MOB,OFC
Monthly/7-yr amort.
39.1 16.2 16.7 
Financial Services11.5 3.71 %1/26MOB
Monthly/10-yr amort.
40.5 8.3 8.7 
Life Insurance Co. 19.2 4.08 %12/26MOB
Monthly/10-yr amort.
44.5 17.9 18.4 
$228.3 $84.2 $104.7 
1The Company repaid this loan at the time of disposal in February 2022.
2The Company repaid this loan in February 2022. The Company's unencumbered gross investment was $20.6 million at December 31, 2022.
3The unaccreted portion of the $0.2 million discount recorded on this note upon acquisition is included in the balance above.
4The unamortized portion of the $0.1 million premium recorded on this note upon acquisition is included in the balance above.
5The unamortized portion of the $0.8 million premium recorded on this note upon acquisition is included in the balance above.
6The unamortized portion of the $0.2 million premium recorded on this note upon acquisition is included in the balance above.
7The unamortized portion of the $0.1 million premium recorded on this note upon acquisition is included in the balance above.
8The unamortized portion of the $0.7 million premium recorded on this note upon acquisition is included in the balance above.
9Payable in monthly installments of principal and interest with the final payment due at maturity (unless otherwise noted).
10The contractual interest rates for the eight outstanding mortgage notes ranged from 3.3% to 4.8% as of December 31, 2022.
11MOB-Medical office building; OFC-Office
Schedule of future contractual maturities of the company's notes and bonds payable
Future maturities of the Company’s notes and bonds payable as of December 31, 2022 were as follows:
Dollars in thousandsPRINCIPAL MATURITIES
NET ACCRETION/
AMORTIZATION 1
DEBT
ISSUANCE COSTS 2
NOTES AND
BONDS PAYABLE		%
2023$368,880 $(38,805)$(3,258)$326,817 6.1 %
2024225,352 (40,922)(2,211)182,219 3.4 %
2025951,250 (43,193)(1,851)906,206 16.9 %
2026773,640 (41,798)(1,636)730,206 13.6 %
2027700,000 (36,192)(1,518)662,290 12.4 %
2028 and thereafter2,649,500 (103,561)(1,850)2,544,089 47.6 %
$5,668,622 $(304,471)$(12,324)$5,351,827 100.0 %
1Includes discount accretion and premium amortization related to the Company’s Senior Notes and six mortgage notes payable.
2Excludes approximately $6.0 million in debt issuance costs related to the Company's Unsecured Credit Facility included in other assets, net.
Senior Notes  
Debt Instrument [Line Items]  
Schedule of senior notes assumed with the merger
The following table reconciles the Company’s aggregate Senior notes principal balance with the Company’s Consolidated Balance Sheets as of December 31, 2022 and 2021
 DECEMBER 31,
Dollars in thousands20222021
Senior notes principal balance$3,699,500 $1,150,000 
Unaccreted discount(304,919)(4,730)
Debt issuance costs(7,447)(7,431)
Senior notes carrying amount$3,387,134 $1,137,839 
Term Loan Net | Term Loan  
Debt Instrument [Line Items]  
Schedule of debt
The following table reconciles the Company’s aggregate term loan principal balance with the Company’s Consolidated Balance Sheets as of December 31, 2022 and 2021.

 DECEMBER 31,
Dollars in thousands20222021
Term loan principal balances$1,500,000 $350,000 
Debt issuance costs(4,554)(1,164)
Term Loans carrying amount$1,495,446 $348,836 
Mortgage Notes Payable | Mortgage Notes  
Debt Instrument [Line Items]  
Schedule of debt
The following table reconciles the Company’s aggregate mortgage notes principal balance with the Company’s Consolidated Balance Sheets as of December 31, 2022 and 2021.
 DECEMBER 31,
Dollars in thousands20222021
Mortgage notes payable principal balance$84,122 $103,664 
Unamortized premium486 1,720 
Unaccreted discount(38)(83)
Debt issuance costs(323)(651)
Mortgage notes payable carrying amount$84,247 $104,650