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Debt - Narrative (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 07, 2023
extension
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Sep. 30, 2023
USD ($)
debtInstrument
$ / shares
Sep. 30, 2023
USD ($)
extensionOption
debtInstrument
$ / shares
Sep. 30, 2022
USD ($)
Jan. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Oct. 13, 2022
USD ($)
debtInstrument
Dec. 01, 2021
USD ($)
Sep. 23, 2021
USD ($)
Line of Credit Facility [Line Items]                      
Letters of credit outstanding       $ 12,600,000 $ 12,600,000     $ 12,600,000      
Election period, prior to maturity date         2 days            
Convertible debt, conversion ratio         0.0392549            
Redemption price to principal amount, percentage       1 1            
Debt       $ 2,377,997,000 $ 2,377,997,000     2,400,985,000      
Repayments of long term debt         162,988,000 $ 27,740,000          
Interest Rate Swaps                      
Line of Credit Facility [Line Items]                      
Derivative instruments, asset position, fair value       46,200,000 46,200,000            
Derivative instruments, liability position, fair value       0 0            
Expected reclassifications in next 12 months       $ 25,600,000 $ 25,600,000            
Notional value             $ 400,000,000        
Convertible senior notes                      
Line of Credit Facility [Line Items]                      
Debt issued   $ 250,000,000 $ 500,000,000                
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                  
Convertible debt, conversion price (in usd per share) | $ / shares       $ 25.47 $ 25.47            
Capped call transaction, upper strike price (in usd per share) | $ / shares       $ 33.0225 $ 33.0225            
Debt       $ 750,000,000 $ 750,000,000     750,000,000      
Mortgage loans                      
Line of Credit Facility [Line Items]                      
Debt       197,997,000 197,997,000     220,985,000      
Mortgage loans | Margaritaville                      
Line of Credit Facility [Line Items]                      
Extension term 1 year                    
Debt instrument , number of extensions | extension 2                    
Debt instrument, term 1 year                    
Debt       140,000,000 $ 140,000,000            
Repayments of long term debt       $ 21,500,000              
Mortgage loans | Margaritaville Hollywood Beach Resort                      
Line of Credit Facility [Line Items]                      
Stated interest rate       7.04% 7.04%            
Debt       $ 140,000,000 $ 140,000,000     161,500,000     $ 161,500,000
Mortgage loans | Estancia La Jolla Hotel & Spa                      
Line of Credit Facility [Line Items]                      
Stated interest rate       5.07% 5.07%            
Debt       $ 57,997,000 $ 57,997,000     59,485,000   $ 61,700,000  
Mortgage loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Margaritaville                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate         3.75%            
Series A Notes | Senior unsecured notes                      
Line of Credit Facility [Line Items]                      
Stated interest rate       4.70% 4.70%            
Debt       $ 47,600,000 $ 47,600,000     47,600,000      
Series B Notes | Senior unsecured notes                      
Line of Credit Facility [Line Items]                      
Stated interest rate       4.93% 4.93%            
Debt       $ 2,400,000 $ 2,400,000     2,400,000      
Fixed Rate Debt                      
Line of Credit Facility [Line Items]                      
Estimated fair value of debt       699,800,000 699,800,000     700,500,000      
Revolving credit facilities | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Debt       0 0     0      
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity       650,000,000 650,000,000       $ 650,000,000    
Accordion feature       970,000,000 $ 970,000,000            
Number of extension periods | extensionOption         2            
Extension term         6 months            
Remaining borrowing capacity       $ 637,400,000 $ 637,400,000            
Stated interest rate       0.00% 0.00%            
Debt       $ 0 $ 0     0      
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans | Minimum                      
Line of Credit Facility [Line Items]                      
Commitment fee percentage         0.20%            
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans | Maximum                      
Line of Credit Facility [Line Items]                      
Commitment fee percentage         0.30%            
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate         0.10%            
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate         1.45%            
Revolving credit facilities | Senior Unsecured Revolving Credit Facility | Unsecured term loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate         2.50%            
Revolving credit facilities | Senior Unsecured Revolving 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 Revolving 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 $ 20,000,000            
Remaining borrowing capacity       $ 20,000,000 $ 20,000,000            
Stated interest rate       0.00% 0.00%            
Debt       $ 0 $ 0     $ 0      
Unsecured term loans | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Debt issued                 $ 1,380,000,000    
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Number of instruments | debtInstrument       3 3       3    
Debt issued       $ 460,000,000 $ 460,000,000       $ 460,000,000    
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | 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 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | 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 $ 30,000,000