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Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Jan. 03, 2024
USD ($)
Sep. 07, 2023
USD ($)
extension
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2024
USD ($)
extensionOption
$ / shares
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Oct. 13, 2022
USD ($)
debtInstrument
Dec. 01, 2021
USD ($)
Sep. 23, 2021
USD ($)
Line of Credit Facility [Line Items]                    
Repayments of long term debt         $ 110,348,000 $ 498,000        
Debt         2,219,549,000   $ 2,329,897,000      
Letters of credit outstanding         $ 13,700,000   13,600,000      
Election period, prior to maturity date         2 days          
Convertible debt, conversion ratio         0.0392549          
Redemption price to principal amount, percentage         1          
Interest Rate Swaps                    
Line of Credit Facility [Line Items]                    
Derivative instruments, asset position, fair value         $ 31,300,000          
Derivative instruments, liability position, fair value         0          
Expected reclassifications in next 12 months         19,900,000          
Convertible senior notes                    
Line of Credit Facility [Line Items]                    
Debt issued     $ 250,000,000 $ 500,000,000            
Debt         $ 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                    
Line of Credit Facility [Line Items]                    
Debt         $ 2,400,000   2,400,000      
Stated interest rate         4.93%          
Mortgage loans                    
Line of Credit Facility [Line Items]                    
Debt         $ 197,149,000   197,497,000      
Mortgage loans | Margaritaville                    
Line of Credit Facility [Line Items]                    
Repayments of long term debt   $ 21,500,000                
Debt   $ 140,000,000                
Extension term   1 year                
Debt instrument , number of extensions | extension   2                
Debt instrument, term   1 year                
Mortgage loans | Margaritaville Hollywood Beach Resort                    
Line of Credit Facility [Line Items]                    
Debt         $ 140,000,000   140,000,000     $ 161,500,000
Stated interest rate         7.04%          
Mortgage loans | Estancia La Jolla Hotel & Spa                    
Line of Credit Facility [Line Items]                    
Debt         $ 57,149,000   57,497,000   $ 61,700,000  
Stated interest rate         5.07%          
Mortgage loans | SOFR | Margaritaville                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate   3.75%                
Term Loan 2024 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt $ 43,300,000                  
Fixed Rate Debt                    
Line of Credit Facility [Line Items]                    
Estimated fair value of debt         $ 675,900,000   686,300,000      
Revolving credit facilities | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt         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    
Maximum borrowing capacity potential increase (up to)               970,000,000    
Debt         $ 0   0      
Number of extension periods | extensionOption         2          
Extension term         6 months          
Remaining borrowing capacity         $ 636,300,000          
Stated interest rate         0.00%          
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 | SOFR                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate         0.10%          
Revolving credit facilities | Senior Unsecured Revolving 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 Revolving 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 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          
Debt         0   0      
Remaining borrowing capacity         $ 20,000,000          
Stated interest rate         0.00%          
Unsecured term loans | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt issued               $ 1,380,000,000    
Unsecured term loans | Unsecured term loans | SOFR | Minimum                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate         1.40%          
Unsecured term loans | Unsecured term loans | SOFR | Maximum                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate         2.45%          
Unsecured term loans | Unsecured term loans | Base Rate | Minimum                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate         0.40%          
Unsecured term loans | Unsecured term loans | Base Rate | Maximum                    
Line of Credit Facility [Line Items]                    
Basis spread on variable rate         1.45%          
Unsecured term loans | Three Term Loans Maturing in October 2024, 2025 and 2027 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt instrument, number of instruments | debtInstrument               3    
Debt issued               $ 460,000,000    
Unsecured term loans | Term Loan 2024 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Repayments of long term debt 60,000,000                  
Debt         $ 43,348,000   460,000,000      
Stated interest rate         7.62%          
Unsecured term loans | Term Loan 2025 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Repayments of long term debt 50,000,000                  
Debt         $ 410,000,000   460,000,000      
Stated interest rate         4.81%          
Unsecured term loans | Term Loan 2027 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt         $ 460,000,000   460,000,000      
Stated interest rate         5.61%          
Unsecured term loans | Term Loan 2028 | Unsecured term loans                    
Line of Credit Facility [Line Items]                    
Debt issued $ 356,700,000                  
Debt         $ 356,652,000   $ 0      
Stated interest rate         7.62%          
Letters of Credit                    
Line of Credit Facility [Line Items]                    
Maximum borrowing capacity         $ 30,000,000