XML 98 R60.htm IDEA: XBRL DOCUMENT v3.19.3
Debt of the Operating Partnership - Schedule of Outstanding Borrowings (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Apr. 26, 2019
Dec. 31, 2018
Dec. 04, 2018
Nov. 06, 2018
Debt Instrument [Line Items]          
Estimated Fair Value $ 1,798,149   $ 1,365,812    
Americold Realty Operating Partnership, L.P.          
Debt Instrument [Line Items]          
Carrying Amount 1,710,100        
Total indebtedness, net of unamortized deferred financing costs 1,696,350        
Americold Realty Operating Partnership, L.P. | Mortgage Notes and Term Loans | 2018 Senior Unsecured Term Loan A Facility          
Debt Instrument [Line Items]          
Carrying Amount 1,710,100   1,364,957    
Estimated Fair Value 1,798,149   1,365,812    
Less: deferred financing costs (13,750)   (13,943)    
Total indebtedness, net of unamortized deferred financing costs 1,696,350   1,351,014    
Americold Realty Operating Partnership, L.P. | Mortgage Loans | 2013 Mortgage Loans          
Debt Instrument [Line Items]          
Carrying Amount 285,100   289,957    
Estimated Fair Value $ 289,149   283,687    
Americold Realty Operating Partnership, L.P. | Mortgage Loans | Senior note          
Debt Instrument [Line Items]          
Contractual Interest Rate 3.81%        
Effective Interest Rate as of September 30, 2019 4.14%        
Carrying Amount $ 183,100   187,957    
Estimated Fair Value $ 186,304   184,667    
Americold Realty Operating Partnership, L.P. | Mortgage Loans | Mezzanine A          
Debt Instrument [Line Items]          
Contractual Interest Rate 7.38%        
Effective Interest Rate as of September 30, 2019 7.55%        
Carrying Amount $ 70,000   70,000    
Estimated Fair Value $ 70,525   67,900    
Americold Realty Operating Partnership, L.P. | Mortgage Loans | Mezzanine B          
Debt Instrument [Line Items]          
Contractual Interest Rate 11.50%        
Effective Interest Rate as of September 30, 2019 11.75%        
Carrying Amount $ 32,000   32,000    
Estimated Fair Value 32,320   31,120    
Americold Realty Operating Partnership, L.P. | Senior Notes | Senior Unsecured Notes          
Debt Instrument [Line Items]          
Carrying Amount 950,000   600,000    
Estimated Fair Value $ 1,031,625   609,500    
Americold Realty Operating Partnership, L.P. | Senior Notes | Series A 4.68% notes due 2026          
Debt Instrument [Line Items]          
Contractual Interest Rate 4.68%       4.68%
Effective Interest Rate as of September 30, 2019 4.77%        
Carrying Amount $ 200,000   200,000    
Estimated Fair Value $ 218,500   202,500    
Americold Realty Operating Partnership, L.P. | Senior Notes | Series B 4.86% notes due 2029          
Debt Instrument [Line Items]          
Contractual Interest Rate 4.86%       4.86%
Effective Interest Rate as of September 30, 2019 4.92%        
Carrying Amount $ 400,000   400,000    
Estimated Fair Value $ 443,000   407,000    
Americold Realty Operating Partnership, L.P. | Senior Notes | Series C 4.10% notes due 2030          
Debt Instrument [Line Items]          
Contractual Interest Rate 4.10% 4.10%      
Effective Interest Rate as of September 30, 2019 4.15%        
Carrying Amount $ 350,000   0    
Estimated Fair Value $ 370,125   0    
Americold Realty Operating Partnership, L.P. | Term Loans | 2018 Senior Unsecured Term Loan A Facility          
Debt Instrument [Line Items]          
Effective Interest Rate as of September 30, 2019 3.21%        
Carrying Amount $ 475,000   475,000    
Estimated Fair Value $ 477,375   472,625    
Americold Realty Operating Partnership, L.P. | Term Loans | 2018 Senior Unsecured Term Loan A Facility | LIBOR          
Debt Instrument [Line Items]          
Contractual Interest Rate 1.00%        
Revolving Credit Facility | Americold Realty Operating Partnership, L.P. | Line of Credit | 2018 Senior Unsecured Revolving Credit Facility          
Debt Instrument [Line Items]          
Effective Interest Rate as of September 30, 2019 0.36%        
Carrying Amount $ 0   0    
Estimated Fair Value 0   $ 0    
Less: deferred financing costs $ (3,500)     $ (8,900)  
Revolving Credit Facility | Americold Realty Operating Partnership, L.P. | Line of Credit | 2018 Senior Unsecured Revolving Credit Facility | LIBOR          
Debt Instrument [Line Items]          
Contractual Interest Rate 0.90%