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Debt - Components of Debt (Details)
12 Months Ended
Dec. 09, 2021
USD ($)
extension
Sep. 23, 2021
USD ($)
extension
Dec. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
extension
Dec. 31, 2021
USD ($)
properties
Dec. 01, 2021
USD ($)
Jan. 31, 2021
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                  
Debt     $ 2,455,941,000 $ 2,455,941,000 $ 2,455,941,000 $ 2,455,941,000      
Debt premium (discount), net     8,870,000 8,870,000 8,870,000 8,870,000      
Deferred financing costs, net     (22,923,000) (22,923,000) (22,923,000) (22,923,000)      
Total debt     $ 2,441,888,000 2,441,888,000 2,441,888,000 2,441,888,000     $ 2,280,471,000
Extension term     6 months            
Long term debt, option to extend, amount     $ 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000      
Unsecured term loans | Revolving credit facilities                  
Debt Instrument [Line Items]                  
Debt     0 0 0 0     40,000,000
Unsecured term loans | Revolving credit facilities | Senior unsecured credit facility                  
Debt Instrument [Line Items]                  
Debt     0 0 0 0     40,000,000
Maximum borrowing capacity     650,000,000 650,000,000 650,000,000 650,000,000      
Unsecured term loans | Revolving credit facilities | Senior Unsecured Revolving Credit Facility Due January 2022                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity     39,000,000 39,000,000 39,000,000 39,000,000      
Unsecured term loans | Revolving credit facilities | Senior Unsecured Revolving Credit Facility Due March 2023                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity     $ 611,000,000 611,000,000 $ 611,000,000 $ 611,000,000      
Number of extension periods 2       2 2      
Extension term 6 months   6 months            
Unsecured term loans | Revolving credit facilities | PHL unsecured credit facility                  
Debt Instrument [Line Items]                  
Debt     $ 0 0 $ 0 $ 0     0
Maximum borrowing capacity     20,000,000 20,000,000 20,000,000 20,000,000      
Unsecured term loans | Unsecured term loans                  
Debt Instrument [Line Items]                  
Debt     1,433,068,000 1,433,068,000 1,433,068,000 1,433,068,000     1,775,000,000
Deferred financing costs, net     (5,812,000) (5,812,000) (5,812,000) (5,812,000)     (8,455,000)
Total debt     1,427,256,000 1,427,256,000 1,427,256,000 1,427,256,000     1,766,545,000
Borrowings, fixed interest rate     $ 1,300,000,000 $ 1,300,000,000 $ 1,300,000,000 $ 1,300,000,000     $ 1,400,000,000
Weighted-average fixed interest rate     4.06% 4.06% 4.06% 4.06%     4.19%
Amount of debt bearing variable interest     $ 113,100,000 $ 113,100,000 $ 113,100,000 $ 113,100,000     $ 345,000,000
Weighted-average floating interest rate     2.64% 2.64% 2.64% 2.64%     2.46%
Unsecured term loans | Unsecured term loans | First Term Loan                  
Debt Instrument [Line Items]                  
Debt $ 274,000,000   $ 26,000,000 $ 26,000,000 $ 26,000,000 $ 26,000,000     $ 300,000,000
Unsecured term loans | Unsecured term loans | First Term Loan Extended                  
Debt Instrument [Line Items]                  
Debt     274,000,000 274,000,000 274,000,000 274,000,000     0
Unsecured term loans | Unsecured term loans | Second Term Loan                  
Debt Instrument [Line Items]                  
Debt     26,327,000 26,327,000 26,327,000 26,327,000     65,000,000
Unsecured term loans | Unsecured term loans | Fourth Term Loan                  
Debt Instrument [Line Items]                  
Debt     110,000,000 110,000,000 110,000,000 110,000,000     110,000,000
Unsecured term loans | Unsecured term loans | Sixth Term Loan                  
Debt Instrument [Line Items]                  
Debt     996,741,000 996,741,000 996,741,000 996,741,000     1,300,000,000
Unsecured term loans | Unsecured term loans | Tranche 2021                  
Debt Instrument [Line Items]                  
Debt     0 0 0 0     40,966,000
Unsecured term loans | Unsecured term loans | Tranche 2021 Extended                  
Debt Instrument [Line Items]                  
Debt     82,071,000 82,071,000 82,071,000 82,071,000     173,034,000
Long term debt, option to extend, amount 69,800,000                
Unsecured term loans | Unsecured term loans | Tranche 2022                  
Debt Instrument [Line Items]                  
Debt     114,670,000 114,670,000 114,670,000 114,670,000     286,000,000
Long term debt, option to extend, amount $ 93,000,000                
Unsecured term loans | Unsecured term loans | Tranche 2023                  
Debt Instrument [Line Items]                  
Debt     400,000,000 400,000,000 400,000,000 400,000,000     400,000,000
Unsecured term loans | Unsecured term loans | Tranche 2024                  
Debt Instrument [Line Items]                  
Debt     $ 400,000,000 $ 400,000,000 $ 400,000,000 $ 400,000,000     $ 400,000,000
Convertible senior notes                  
Debt Instrument [Line Items]                  
Interest Rate     1.75% 1.75% 1.75% 1.75%     1.75%
Debt     $ 750,000,000 $ 750,000,000 $ 750,000,000 $ 750,000,000     $ 500,000,000
Debt premium (discount), net     11,605,000 11,605,000 11,605,000 11,605,000     (113,099,000)
Deferred financing costs, net     (16,204,000) (16,204,000) (16,204,000) (16,204,000)     (12,568,000)
Total debt     745,401,000 745,401,000 745,401,000 745,401,000     374,333,000
Senior unsecured notes                  
Debt Instrument [Line Items]                  
Debt     50,000,000 50,000,000 50,000,000 50,000,000     100,000,000
Deferred financing costs, net     (162,000) (162,000) (162,000) (162,000)     (407,000)
Total debt     $ 49,838,000 $ 49,838,000 $ 49,838,000 $ 49,838,000     99,593,000
Senior unsecured notes | Series A Notes                  
Debt Instrument [Line Items]                  
Interest Rate     5.15% 5.15% 5.15% 5.15%   4.70%  
Debt     $ 47,600,000 $ 47,600,000 $ 47,600,000 $ 47,600,000     60,000,000
Senior unsecured notes | Series B Notes                  
Debt Instrument [Line Items]                  
Interest Rate     5.38% 5.38% 5.38% 5.38%   4.93%  
Debt     $ 2,400,000 $ 2,400,000 $ 2,400,000 $ 2,400,000     40,000,000
Mortgage loans                  
Debt Instrument [Line Items]                  
Debt     222,873,000 222,873,000 222,873,000 222,873,000     0
Debt premium (discount), net     (2,735,000) (2,735,000) (2,735,000) (2,735,000)     0
Deferred financing costs, net     (745,000) (745,000) (745,000) (745,000)     0
Total debt     219,393,000 219,393,000 219,393,000 219,393,000     0
Mortgage loans | Margaritaville Hollywood Beach Resort                  
Debt Instrument [Line Items]                  
Debt   $ 161,500,000 $ 161,500,000 $ 161,500,000 $ 161,500,000 161,500,000     0
Number of extension periods | extension   2     2        
Extension term   1 year 1 year            
Basis spread on variable rate   2.37%   2.37%          
Mortgage loans | Estancia La Jolla Hotel & Spa                  
Debt Instrument [Line Items]                  
Interest Rate             5.07%    
Debt     $ 61,373,000 $ 61,373,000 $ 61,373,000 $ 61,373,000 $ 61,700,000   $ 0