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Debt - Narrative (Details)
1 Months Ended 12 Months Ended
Nov. 01, 2024
USD ($)
extension
Oct. 03, 2024
USD ($)
Jan. 03, 2024
USD ($)
Sep. 07, 2023
USD ($)
extension
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2024
USD ($)
extensionOption
extension
$ / shares
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Oct. 13, 2022
USD ($)
debtInstrument
Dec. 01, 2021
USD ($)
Line of Credit Facility [Line Items]                      
Repayments of long term debt             $ 465,432,000 $ 211,088,000 $ 1,434,956,000    
Letters of credit outstanding             $ 7,400,000 13,600,000      
Election period, prior to maturity date             2 days        
Convertible debt, conversion ratio             0.0392549        
Redemption price to principal amount, percentage             1        
Debt             $ 2,264,465,000 2,329,897,000      
Interest rate swaps                      
Line of Credit Facility [Line Items]                      
Derivative instruments, asset position, fair value             16,600,000 24,500,000      
Derivative instruments, liability position, fair value             0 0      
Expected reclassifications in next 12 months             $ 12,800,000        
Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt   $ 353,300,000                  
Convertible senior notes                      
Line of Credit Facility [Line Items]                      
Debt issued         $ 250,000,000 $ 500,000,000.0          
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        
Debt             $ 750,000,000 750,000,000      
Senior unsecured notes                      
Line of Credit Facility [Line Items]                      
Debt             402,400,000 2,400,000      
Mortgage loans                      
Line of Credit Facility [Line Items]                      
Debt             $ 195,413,000 197,497,000      
Mortgage loans | Margaritaville                      
Line of Credit Facility [Line Items]                      
Debt instrument , number of extensions | extension       2              
Basis spread on variable rate       3.75%              
Debt instrument, term       1 year              
Debt       $ 140,000,000              
Mortgage loans | Estancia La Jolla Hotel & Spa                      
Line of Credit Facility [Line Items]                      
Stated interest rate             5.07%       5.07%
Debt             $ 55,413,000 57,497,000     $ 61,700,000
Mortgage loans | Margaritaville Hollywood Beach Resort                      
Line of Credit Facility [Line Items]                      
Stated interest rate             7.04%        
Debt instrument , number of extensions | extension             2        
Extension term             1 year        
Basis spread on variable rate             3.75%        
Debt             $ 140,000,000 140,000,000      
Term Loan 2024 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt   43,300,000                  
Term Loan 2025 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt   210,000,000                  
Senior Notes 2029 | Senior unsecured notes                      
Line of Credit Facility [Line Items]                      
Debt issued   $ 400,000,000                  
Stated interest rate   6.375%         6.375%        
Proceeds from debt, net of issuance costs   $ 390,000,000                  
Unsecured indebtedness, percentage             1.50        
Debt             $ 400,000,000 0      
Term Loan 2027 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt   $ 100,000,000                  
Series B Notes | Senior unsecured notes                      
Line of Credit Facility [Line Items]                      
Stated interest rate             4.93%        
Debt             $ 2,400,000 2,400,000      
Fixed Rate Debt                      
Line of Credit Facility [Line Items]                      
Estimated fair value of debt             1,100,000,000 686,300,000      
Revolving credit facilities | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Debt             0 0      
Revolving credit facilities | Senior unsecured credit facility | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity $ 602,000,000           $ 650,000,000     $ 650,000,000  
Maximum borrowing capacity potential increase (up to)                   970,000,000  
Stated interest rate             0.00%        
Debt instrument , number of extensions | extension 2                    
Extension term 6 months           6 months        
Remaining borrowing capacity             $ 642,600,000        
Number of extension periods | extensionOption             2        
Debt             $ 0 0      
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 | 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 | 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 | PHL unsecured credit facility | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity             $ 20,000,000.0        
Stated interest rate             0.00%        
Remaining borrowing capacity             $ 20,000,000.0        
Balance of line of credit             0        
Debt             0 0      
Revolving credit facilities | Senior Unsecured Revolving Credit Facility Due October 2026 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity             48,000,000        
Revolving credit facilities | Senior Unsecured Revolving Credit Facility Due October 2028 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity             $ 602,000,000        
Unsecured term loans | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Debt issued                   $ 1,380,000,000  
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 | 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 | Term Loan 2024 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt     $ 60,000,000                
Stated interest rate             0.00%        
Debt             $ 0 460,000,000      
Unsecured term loans | Term Loan 2025 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Repayments of long term debt     $ 50,000,000                
Stated interest rate             5.16%        
Debt             $ 14,783,000 460,000,000      
Unsecured term loans | Term Loan 2027 | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Stated interest rate             5.56%        
Debt             $ 360,000,000 $ 460,000,000      
Unsecured term loans | Three Term Loans | Unsecured term loans                      
Line of Credit Facility [Line Items]                      
Debt instrument, number of instruments | debtInstrument                   3  
Debt issued                   $ 460,000,000  
Letters of credit                      
Line of Credit Facility [Line Items]                      
Maximum borrowing capacity             $ 30,000,000.0