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Debt (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings
The following table reflects a summary of our outstanding indebtedness (in thousands):
December 31, 2022December 31, 2021
Weighted Average Effective Interest Rate Carrying AmountWeighted Average Effective Interest RateCarrying Amount
Senior Unsecured Notes3.27%$1,752,875 3.22%$1,802,750 
Senior Unsecured Term Loans4.67%829,450 1.45%372,800 
Senior Unsecured Revolving Credit Facility5.12%500,052 1.54%399,314 
2013 Mortgage LoansN/A— 5.93%269,545 
Chile MortgagesN/A— 4.01%9,761 
Total principal amount of indebtedness$3,082,377 $2,854,170 
Less: unamortized deferred financing costs
(13,044)(11,050)
Total indebtedness, net of deferred financing costs
$3,069,333 $2,843,120 
The weighted-average interest rates shown represent interest rates at the end of the periods for the debt outstanding and include the impact of designated interest rate swaps, which effectively lock-in the interest rates on certain variable rate debt under our Senior Unsecured Term Loans.
The following tables provides the details of our Senior Unsecured Notes (balances in thousands):
December 31, 2022December 31, 2021
Stated Maturity DateContractual Interest RateBorrowing CurrencyCarrying Amount (USD)Borrowing CurrencyCarrying Amount (USD)
Series A Notes
01/20264.68%$200,000 $200,000 $200,000 $200,000 
Series B Notes
01/20294.86%$400,000 $400,000 $400,000 $400,000 
Series C Notes
01/20304.10%$350,000 $350,000 $350,000 $350,000 
Series D Notes01/20311.62%€400,000 $428,200 €400,000 $454,800 
Series E Notes01/20331.65%€350,000 $374,675 €350,000 $397,950 
Total Senior Unsecured Notes
$1,752,875 $1,802,750 
The following tables provides the details of our Senior Unsecured Term Loans (balances in thousands):
December 31, 2022December 31, 2021
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
Tranche A-1
SOFR + 0.95%
$375,000 $375,000 
LIBOR+0.95%
$175,000 $175,000 
Tranche A-2
CDOR+0.95%
C$250,000 184,450 
CDOR+0.95%
C$250,000 $197,800 
Delayed Draw Tranche A-3
SOFR + 0.95%
$270,000 270,000 — — — 
Total Senior Unsecured Term Loan Facility
$829,450 $372,800 
(1) S = one-month Adjusted Term SOFR; C = one-month CDOR; L = one-month LIBOR. Tranche A-1 and Tranche A-3 SOFR includes an adjustment of 0.10%, in addition to the margin. While the above reflects the contractual rate, refer to the description below of the Senior Unsecured Credit Facility for
details of the portion of these Term Loans that are hedged, therefore, at a fixed interest rate for the duration of the respective swap agreement. Refer to Note 10 for details of the related interest rate swaps.

The following table provides the details of our Senior Unsecured Revolving Credit Facility (balances in thousands):
December 31, 2022December 31, 2021
Denomination of Draw
Contractual Interest Rate (1)
Borrowing CurrencyCarrying Amount (USD)
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
U.S. dollarSOFR + 0.85%$225,000 $225,000 LIBOR+0.85%$205,000 $205,000 
Australian dollarBBSW+0.85%A$146,000 $99,470 BBSW+0.85%A$80,000 $58,104 
British pound sterlingSONIA+0.85%£76,500 $92,435 SONIA+0.85%£68,500 $92,694 
Canadian dollarCDOR+0.85%C$50,000 $36,890 CDOR+0.85%C$55,000 $43,516 
EuroEURIBOR+0.85%€35,500 $38,003 —— — 
New Zealand dollarBKBM+0.85%NZD12,998 $8,254 —— — 
Total Senior Unsecured Revolving Credit Facility
$500,052 $399,314 
(1) S = one-month Adjusted SOFR; C = one-month CDOR; L = one-month LIBOR, E = Euro Interbank Offered Rate (EURIBOR), SONIA = Adjusted Sterling Overnight Interbank Average Rate, BBSW = Bank Bill Swap Rate, BKBM = Bank Bill Reference Rate. We have elected Daily SOFR for the entirety of our U.S. dollar denominated borrowings shown above, which includes an adjustment of 0.10%, in addition to the margin. Our British pound sterling borrowings bear interest tied to adjusted SONIA which includes an adjustment of 0.03% in addition to our margin.
Schedule of Aggregate Maturities of Total Indebtedness
The aggregate maturities of indebtedness as of December 31, 2022 for each of the next five years and thereafter, are as follows:
Years Ending December 31:
(In thousands)
2023$—
2024—
2025—
20261,075,052 
2027—
Thereafter
2,007,325
Aggregate principal amount of debt
3,082,377
Less unamortized deferred financing costs
(13,044)
Total debt net of deferred financing costs
$3,069,333