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Debt - Components of Debt (Details)
12 Months Ended
Nov. 01, 2024
USD ($)
extension
Oct. 03, 2024
USD ($)
Jan. 03, 2024
USD ($)
Dec. 31, 2024
USD ($)
extensionOption
extension
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Oct. 13, 2022
USD ($)
Dec. 01, 2021
USD ($)
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                    
Debt       $ 2,264,465,000 $ 2,329,897,000          
Unamortized debt premiums, discount and deferred financing costs, net       (17,733,000) (10,096,000)          
Debt, Net       2,246,732,000 2,319,801,000          
Repayments of long term debt       465,432,000 211,088,000 $ 1,434,956,000        
Unsecured term loans                    
Debt Instrument [Line Items]                    
Repayments of long term debt   $ 353,300,000                
Unsecured term loans | Term Loan 2024                    
Debt Instrument [Line Items]                    
Repayments of long term debt   43,300,000                
Unsecured term loans | Term Loan 2025                    
Debt Instrument [Line Items]                    
Repayments of long term debt   210,000,000                
Unsecured term loans | Term Loan 2027                    
Debt Instrument [Line Items]                    
Repayments of long term debt   $ 100,000,000                
Unsecured term loans | Revolving credit facilities                    
Debt Instrument [Line Items]                    
Debt       $ 0 0          
Unsecured term loans | Revolving credit facilities | Senior unsecured credit facility                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       0.00%            
Debt       $ 0 0          
Maximum borrowing capacity $ 602,000,000     650,000,000     $ 650,000,000      
Remaining borrowing capacity       $ 642,600,000            
Number of extension periods | extensionOption       2            
Extension term 6 months     6 months            
Debt instrument , number of extensions | extension 2                  
Unsecured term loans | Revolving credit facilities | PHL unsecured credit facility                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       0.00%            
Debt       $ 0 0          
Maximum borrowing capacity       20,000,000.0            
Remaining borrowing capacity       20,000,000.0            
Unsecured term loans | Unsecured term loans                    
Debt Instrument [Line Items]                    
Debt, Net       $ 916,652,000 1,380,000,000          
Debt issued             $ 1,380,000,000      
Unsecured term loans | Unsecured term loans | Term Loan 2024                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       0.00%            
Debt       $ 0 460,000,000          
Repayments of long term debt     $ 60,000,000              
Unsecured term loans | Unsecured term loans | Term Loan 2025                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       5.16%            
Debt       $ 14,783,000 460,000,000          
Repayments of long term debt     50,000,000              
Unsecured term loans | Unsecured term loans | Term Loan 2027                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       5.56%            
Debt       $ 360,000,000 460,000,000          
Unsecured term loans | Unsecured term loans | Term Loan 2028                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       3.88%            
Debt       $ 356,652,000 0          
Debt issued     $ 356,700,000              
Unsecured term loans | Unsecured term loans | Term Loan 2029                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       5.16%            
Debt       $ 185,217,000 0          
Debt issued $ 185,200,000                  
Convertible senior notes                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       1.75%           1.75%
Debt       $ 750,000,000 750,000,000          
Debt issued                 $ 250,000,000 $ 500,000,000.0
Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt       $ 402,400,000 2,400,000          
Senior unsecured notes | Series B Notes                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       4.93%            
Debt       $ 2,400,000 2,400,000          
Senior unsecured notes | Senior Notes 2029                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024   6.375%   6.375%            
Debt       $ 400,000,000 0          
Debt issued   $ 400,000,000                
Mortgage loans                    
Debt Instrument [Line Items]                    
Debt       $ 195,413,000 197,497,000          
Mortgage loans | Margaritaville Hollywood Beach Resort                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       7.04%            
Debt       $ 140,000,000 140,000,000          
Extension term       1 year            
Basis spread on variable rate       3.75%            
Debt instrument , number of extensions | extension       2            
Mortgage loans | Estancia La Jolla Hotel & Spa                    
Debt Instrument [Line Items]                    
Interest Rate at December 31, 2024       5.07%       5.07%    
Debt       $ 55,413,000 $ 57,497,000     $ 61,700,000