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Debt - Narrative (Details)
1 Months Ended 12 Months Ended
Oct. 13, 2022
USD ($)
debtInstrument
Sep. 23, 2021
USD ($)
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
debtInstrument
extensionOption
$ / shares
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jan. 31, 2023
USD ($)
Dec. 01, 2021
USD ($)
Line of Credit Facility [Line Items]                  
Debt         $ 2,400,985,000 $ 2,455,941,000      
Repayments of long term debt         1,434,956,000 392,236,000 $ 212,965,000    
Interest costs incurred         7,400,000        
Letters of credit outstanding         $ 12,600,000 12,100,000      
Election period, prior to maturity date         2 days        
Convertible debt, conversion ratio         0.0392549        
Redemption price to principal amount, percentage         1        
Purchases of capped calls for convertible senior notes         $ 0 20,975,000 38,300,000    
Subsequent event                  
Line of Credit Facility [Line Items]                  
Notional value               $ 400,000,000  
Interest rate swaps                  
Line of Credit Facility [Line Items]                  
Derivative instruments, asset position, fair value         36,000,000        
Derivative instruments, liability position, fair value         0        
Expected reclassifications in next 12 months         23,200,000        
Convertible senior notes                  
Line of Credit Facility [Line Items]                  
Debt issued     $ 250,000,000 $ 500,000,000     $ 500,000,000    
Debt         $ 750,000,000 750,000,000      
Stated interest rate       1.75% 1.75%   1.75%    
Proceeds from debt, net of issuance costs     $ 257,200,000 $ 487,300,000          
Premium to par percentage     5.50%            
Debt issuance costs     $ 6,500,000            
Premium received     13,800,000            
Interest expense, debt         $ 13,125,000 12,662,000 $ 365,000    
Convertible debt, liability component       $ 386,100,000     $ 386,100,000    
Discount rate       0.0625     0.0625    
Convertible debt, equity component       $ 113,900,000     $ 113,900,000    
Initial discount, gross       113,900,000     113,900,000    
Convertible debt, conversion price (in usd per share) | $ / shares         $ 25.47        
Capped call transaction, upper strike price (in usd per share) | $ / shares         $ 33.0225        
Purchases of capped calls for convertible senior notes     $ 21,000,000 $ 38,300,000          
Senior unsecured notes                  
Line of Credit Facility [Line Items]                  
Debt         $ 50,000,000 50,000,000      
Interest expense, debt         2,525,000 3,562,000 4,792,000    
Mortgage loans                  
Line of Credit Facility [Line Items]                  
Debt         220,985,000 222,873,000      
Interest expense, debt         9,788,000 1,375,000 0    
Mortgage loans | Margaritaville Hollywood Beach Resort                  
Line of Credit Facility [Line Items]                  
Debt   $ 161,500,000     $ 161,500,000 161,500,000      
Basis spread on variable rate   2.37%     2.37%        
Stated interest rate         6.69%        
Increase basis spread on variable rate on second extension term   0.20%              
Mortgage loans | Estancia La Jolla Hotel & Spa                  
Line of Credit Facility [Line Items]                  
Debt         $ 59,485,000 61,373,000     $ 61,700,000
Stated interest rate         5.07%       5.07%
Series A Notes | Senior unsecured notes                  
Line of Credit Facility [Line Items]                  
Debt         $ 47,600,000 47,600,000      
Stated interest rate         4.70%        
Series B Notes | Senior unsecured notes                  
Line of Credit Facility [Line Items]                  
Debt         $ 2,400,000 2,400,000      
Stated interest rate         4.93%        
Fixed Rate Debt                  
Line of Credit Facility [Line Items]                  
Estimated fair value of debt         $ 700,500,000 747,800,000      
Revolving Credit Facility and Term Loan                  
Line of Credit Facility [Line Items]                  
Debt issued $ 2,000,000,000                
Revolving credit facilities | Unsecured term loans                  
Line of Credit Facility [Line Items]                  
Debt         0 0      
Interest expense, debt         2,531,000 2,092,000 10,210,000    
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans                  
Line of Credit Facility [Line Items]                  
Maximum borrowing capacity 650,000,000       650,000,000        
Debt         0 0      
Maximum borrowing capacity potential increase (up to)         $ 970,000,000        
Number of extension periods | extensionOption         2        
Extension term         6 months        
Remaining borrowing capacity         $ 637,400,000        
Stated interest rate         0.00%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | Minimum                  
Line of Credit Facility [Line Items]                  
Commitment fee percentage         0.20%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | Maximum                  
Line of Credit Facility [Line Items]                  
Commitment fee percentage         0.30%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | SOFR                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         0.10%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | SOFR | Minimum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         1.45%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | SOFR | Maximum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         2.50%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | Base Rate | Minimum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         0.45%        
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans | Base Rate | Maximum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         1.50%        
Revolving credit facilities | PHL unsecured credit facility | Unsecured term loans                  
Line of Credit Facility [Line Items]                  
Maximum borrowing capacity         $ 20,000,000        
Debt         0 0      
Remaining borrowing capacity         $ 20,000,000        
Stated interest rate         0.00%        
Balance of line of credit         $ 0        
Unsecured term loans | Unsecured term loans                  
Line of Credit Facility [Line Items]                  
Debt issued 1,380,000,000                
Repayments of long term debt 26,700,000                
Interest expense, debt         52,355,000 $ 61,529,000 $ 72,642,000    
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans                  
Line of Credit Facility [Line Items]                  
Debt issued $ 460,000,000       $ 460,000,000        
Debt instrument, number of instruments | debtInstrument 3       3        
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | SOFR | Minimum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         1.40%        
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | SOFR | Maximum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         2.45%        
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | Base Rate | Minimum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         0.40%        
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | Base Rate | Maximum                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate         1.45%        
Letters of credit                  
Line of Credit Facility [Line Items]                  
Maximum borrowing capacity         $ 30,000,000