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Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Sep. 23, 2021
USD ($)
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2023
USD ($)
extensionOption
debtInstrument
$ / shares
Apr. 26, 2023
USD ($)
Jan. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Oct. 13, 2022
USD ($)
debtInstrument
Dec. 01, 2021
USD ($)
Jan. 31, 2021
Line of Credit Facility [Line Items]                    
Debt outstanding       $ 2,400,487,000     $ 2,400,985,000      
Letters of credit outstanding       $ 13,100,000     12,600,000      
Election period, prior to maturity date       2 days            
Convertible debt, conversion ratio       0.0392549            
Redemption price to principal amount, percentage       1            
Notional value           $ 400,000,000        
Subsequent Event                    
Line of Credit Facility [Line Items]                    
Notional value         $ 82,500,000          
Interest Rate Swaps                    
Line of Credit Facility [Line Items]                    
Derivative instruments, asset position, fair value       $ 30,100,000            
Derivative instruments, liability position, fair value       0            
Expected reclassifications in next 12 months       20,900,000            
Letters of Credit                    
Line of Credit Facility [Line Items]                    
Maximum borrowing capacity       30,000,000            
Revolving Credit Facility and Term Loan                    
Line of Credit Facility [Line Items]                    
Debt issued               $ 2,000,000,000    
Fixed Rate Debt                    
Line of Credit Facility [Line Items]                    
Estimated fair value of debt       695,900,000     700,500,000      
Unsecured term loans | Revolving credit facilities                    
Line of Credit Facility [Line Items]                    
Debt outstanding       0     0      
Unsecured term loans | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt issued               1,380,000,000    
Unsecured term loans | PHL Unsecured Credit Facility | Revolving credit facilities                    
Line of Credit Facility [Line Items]                    
Maximum borrowing capacity       20,000,000            
Debt outstanding       0     0      
Remaining borrowing capacity       $ 20,000,000            
Stated interest rate       0.00%            
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    
Number of instruments | debtInstrument       3       3    
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
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 | Minimum | Base Rate                    
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 | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
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 | Maximum | Base Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       1.45%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities                    
Line of Credit Facility [Line Items]                    
Maximum borrowing capacity       $ 650,000,000       $ 650,000,000    
Accordion feature       $ 970,000,000            
Number of extension periods | extensionOption       2            
Extension term       6 months            
Debt outstanding       $ 0            
Remaining borrowing capacity       $ 636,900,000            
Stated interest rate       0.00%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       0.10%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Minimum                    
Line of Credit Facility [Line Items]                    
Unused commitment fee annual rate       0.20%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       1.45%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Minimum | Base Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       0.45%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Maximum                    
Line of Credit Facility [Line Items]                    
Unused commitment fee annual rate       0.30%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       2.50%            
Unsecured term loans | Senior Unsecured Revolving Credit Facility | Revolving credit facilities | Maximum | Base Rate                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate       1.50%            
Convertible senior notes                    
Line of Credit Facility [Line Items]                    
Debt issued   $ 250,000,000 $ 500,000,000              
Debt outstanding       $ 750,000,000     750,000,000      
Stated interest rate     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                
Convertible debt, conversion price (in usd per share) | $ / shares       $ 25.47            
Capped call transaction, upper strike price (in usd per share) | $ / shares       $ 33.0225            
Senior unsecured notes | Series A Notes                    
Line of Credit Facility [Line Items]                    
Debt outstanding       $ 47,600,000     47,600,000      
Stated interest rate       4.70%           4.70%
Senior unsecured notes | Series B Notes                    
Line of Credit Facility [Line Items]                    
Debt outstanding       $ 2,400,000     2,400,000      
Stated interest rate       4.93%           4.93%
Mortgage loans                    
Line of Credit Facility [Line Items]                    
Debt outstanding       $ 220,487,000     220,985,000      
Mortgage loans | Margaritaville Hollywood Beach Resort                    
Line of Credit Facility [Line Items]                    
Extension term 1 year                  
Basis spread on variable rate 2.37%     2.37%            
Debt outstanding $ 161,500,000     $ 161,500,000     161,500,000      
Stated interest rate       7.06%            
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 outstanding       $ 58,987,000     $ 59,485,000   $ 61,700,000  
Stated interest rate       5.07%