XML 60 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Facilities - Narrative (Details)
3 Months Ended 6 Months Ended
Aug. 01, 2019
USD ($)
extension
Jul. 24, 2017
Mar. 31, 2019
Jun. 30, 2020
EUR (€)
Jun. 30, 2020
USD ($)
Jul. 31, 2019
USD ($)
Line of Credit Facility [Line Items]            
Maximum borrowing capacity           $ 914,400,000
Maximum distribution as percentage of FFO     95.00% 95.00%    
Maximum distribution as percentage of FFO, under exception     100.00% 100.00%    
Maximum distribution as percentage of AFFO       105.00%    
Credit Facility            
Line of Credit Facility [Line Items]            
Weighted-average effective interest rate       2.70% 2.70%  
Credit Facility | Federal Funds            
Line of Credit Facility [Line Items]            
Basis spread on base rate determination   0.50%        
Credit Facility | LIBOR            
Line of Credit Facility [Line Items]            
Basis spread on base rate determination   1.00%        
Credit Facility | LIBOR | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread   1.60%        
Credit Facility | LIBOR | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread   2.20%        
Credit Facility | Base Rate | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread   0.60%        
Credit Facility | Base Rate | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread   1.20%        
Credit Facility | Revolving Credit Facility            
Line of Credit Facility [Line Items]            
Available for future borrowings         $ 14,200,000  
Credit Facility | KeyBank National Association | Unsecured debt            
Line of Credit Facility [Line Items]            
Increase in aggregate commitments $ 515,000,000.0          
Total line of credit commitment $ 1,750,000,000         $ 950,000,000.0
Credit Facility | KeyBank National Association | Unsecured debt | Revolving Credit Facility            
Line of Credit Facility [Line Items]            
Maximum borrowing capacity         835,000,000.0  
Number of extensions | extension 2          
Extension term 6 months          
Facility fee multiplier   0.0030        
Credit Facility | KeyBank National Association | Unsecured debt | Revolving Credit Facility | Above Threshold            
Line of Credit Facility [Line Items]            
Unused capacity commitment fee   0.25%        
Commitment fee percentage   50.00%        
Credit Facility | KeyBank National Association | Unsecured debt | Revolving Credit Facility | Below Threshold            
Line of Credit Facility [Line Items]            
Unused capacity commitment fee   0.15%        
Commitment fee percentage   50.00%        
Credit Facility | KeyBank National Association | Unsecured debt | Term Loan Facility            
Line of Credit Facility [Line Items]            
Maximum borrowing capacity       € 359,600,000 $ 403,700,000  
Credit Facility Amendment            
Line of Credit Facility [Line Items]            
Maximum borrowing capacity $ 1,235,000,000          
Credit Facility Amendment | Revolving Credit Facility | LIBOR | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread 1.45%          
Credit Facility Amendment | Revolving Credit Facility | LIBOR | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread 2.05%          
Credit Facility Amendment | Revolving Credit Facility | Base Rate | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread 0.45%          
Credit Facility Amendment | Revolving Credit Facility | Base Rate | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread 1.05%          
Credit Facility Amendment | Term Loan | LIBOR | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread 1.40%          
Credit Facility Amendment | Term Loan | LIBOR | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread 2.00%          
Credit Facility Amendment | Term Loan | Base Rate | Minimum            
Line of Credit Facility [Line Items]            
Interest rate spread 0.40%          
Credit Facility Amendment | Term Loan | Base Rate | Maximum            
Line of Credit Facility [Line Items]            
Interest rate spread 1.00%