XML 60 R50.htm IDEA: XBRL DOCUMENT v3.22.2
DEBT - Credit Agreement Narrative (Details)
3 Months Ended 6 Months Ended
Sep. 09, 2019
USD ($)
property
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
CAD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
CAD ($)
Sep. 09, 2019
CAD ($)
property
Debt Instrument [Line Items]                  
Loss on extinguishment of debt   $ 0 $ 54,000 $ 271,000 $ 847,000        
Amount outstanding under credit facility   142,341,000   142,341,000     $ 0    
Net investment hedges | Designated as hedging instrument                  
Debt Instrument [Line Items]                  
Notional amount           $ 308,500,000   $ 125,000,000  
Credit Agreement | Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Borrowing capacity $ 1,000,000,000                
Borrowing capacity in certain foreign currencies $ 175,000,000                
Number of extension options | property 2               2
Extension period 6 months                
Amount outstanding under credit facility   142,300,000   142,300,000   $ 183,500,000      
Available borrowing capacity   $ 857,700,000   $ 857,700,000          
Interest rate   3.33%   3.33%   3.33%      
Credit Agreement | Revolving Credit Facility | Minimum                  
Debt Instrument [Line Items]                  
Annum percent unused borrowing fee       0.125%          
Credit Agreement | Revolving Credit Facility | Maximum                  
Debt Instrument [Line Items]                  
Annum percent unused borrowing fee       0.30%          
Credit Agreement | Revolving Credit Facility | Prime Rate                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.50%          
Credit Agreement | Revolving Credit Facility | Base Rate                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       1.00%          
Credit Agreement | Revolving Credit Facility | Base Rate | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.00%          
Credit Agreement | Revolving Credit Facility | Base Rate | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.45%          
Credit Agreement | Revolving Credit Facility | LIBOR | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.775%          
Credit Agreement | Revolving Credit Facility | LIBOR | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       1.45%          
Credit Agreement | Line of Credit                  
Debt Instrument [Line Items]                  
Borrowing capacity $ 2,750,000,000                
U.S. dollar Term Loan | Credit Agreement                  
Debt Instrument [Line Items]                  
Aggregate principal amount $ 460,000,000                
Loss on extinguishment of debt   $ 0   $ 300,000          
Interest rate   3.04%   3.04%   3.04%      
Effective interest rate   2.86%   2.86%   2.86%      
U.S. dollar Term Loan | Credit Agreement | Interest rate swaps                  
Debt Instrument [Line Items]                  
Aggregate principal amount   $ 436,300,000   $ 436,300,000          
Fixed interest rate under swap   1.14%   1.14%   1.14%      
U.S. dollar Term Loan | Credit Agreement | Base Rate | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.00%          
U.S. dollar Term Loan | Credit Agreement | Base Rate | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.65%          
U.S. dollar Term Loan | Credit Agreement | LIBOR | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.85%          
U.S. dollar Term Loan | Credit Agreement | LIBOR | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       1.65%          
Canadian dollar Term Loan | Credit Agreement                  
Debt Instrument [Line Items]                  
Aggregate principal amount                 $ 125,000,000
Interest rate   3.48%   3.48%   3.48%      
Effective interest rate   2.35%   2.35%   2.35%      
Canadian dollar Term Loan | Credit Agreement | Interest rate swaps                  
Debt Instrument [Line Items]                  
Aggregate principal amount           $ 125,000,000      
Fixed interest rate under swap   1.10%   1.10%   1.10%      
Canadian dollar Term Loan | Credit Agreement | CDOR | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       0.85%          
Canadian dollar Term Loan | Credit Agreement | CDOR | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate       1.65%