XML 69 R51.htm IDEA: XBRL DOCUMENT v3.19.1
Mortgage Notes, Term Loans, and Revolving Credit Facilities - Summary of Mortgage Notes, Term Loans and Revolving Credit Facilities (Details) - USD ($)
3 Months Ended
Feb. 21, 2019
Mar. 31, 2019
Dec. 31, 2018
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 7,250,138,000 $ 6,885,142,000
Deferred financing costs, net   (55,491,000) (53,546,000)
Premium on assumed debt, net   1,200,000 1,673,000
Total loans secured by the Company's properties, net   7,195,847,000 6,833,269,000
Mortgage notes, term loans, and revolving credit facilities, net   $ 7,195,847,000 6,833,269,000
Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   4.15%  
Weighted Average Maturity Date   May 31, 2025  
One-Month LIBOR [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   2.50%  
Fixed Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 5,455,269,000 4,982,326,000
Fixed Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   4.13%  
Weighted Average Maturity Date   Oct. 27, 2025  
Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 1,794,869,000 1,902,816,000
Variable Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date   Mar. 05, 2024  
Variable Rate Loans [Member] | One-Month LIBOR [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   1.71%  
Mortgage Notes [Member] | Fixed Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 5,255,269,000 4,782,326,000
Mortgage Notes [Member] | Fixed Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   4.06%  
Weighted Average Maturity Date   Nov. 04, 2025  
Mortgage Notes [Member] | Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 678,694,000 675,116,000
Mortgage Notes [Member] | Variable Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date   May 13, 2026  
Mortgage Notes [Member] | Variable Rate Loans [Member] | One-Month LIBOR [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   1.71%  
Mezzanine Loan [Member] | Fixed Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 200,000,000 200,000,000
Mezzanine Loan [Member] | Fixed Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   5.85%  
Weighted Average Maturity Date   Apr. 05, 2025  
Term Loan [Member] | Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Principal Balance Outstanding   $ 603,500,000 603,500,000
Term Loan [Member] | Variable Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date   Dec. 27, 2022  
Term Loan [Member] | Variable Rate Loans [Member] | One-Month LIBOR [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   1.69%  
Unsecured Line of Credit [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date Feb. 22, 2022    
Maximum Facility Size $ 350,000,000    
Unsecured Line of Credit [Member] | One-Month LIBOR [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate 2.50%    
Revolving Credit Facility [Member] | Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Maximum Facility Size   $ 903,500,000  
Principal Balance Outstanding   $ 512,675,000 $ 624,200,000
Revolving Credit Facility [Member] | Variable Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date   Sep. 05, 2022  
Revolving Credit Facility [Member] | Variable Rate Loans [Member] | One-Month LIBOR [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   1.74%  
Revolving Credit Facility [Member] | Unsecured Line of Credit [Member] | Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Maximum Facility Size   $ 600,000,000  
Revolving Credit Facility [Member] | Unsecured Line of Credit [Member] | Variable Rate Loans [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Maturity Date   Apr. 10, 2021  
Revolving Credit Facility [Member] | Unsecured Line of Credit [Member] | Variable Rate Loans [Member] | One-Month LIBOR [Member] | Weighted Average [Member]      
Debt Instrument [Line Items]      
Weighted Average Interest Rate   2.40%