XML 61 R50.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt Obligations, net (Schedule of Debt) (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2021
Nov. 30, 2021
May 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]          
Total debt obligations   $ 2,738,113     $ 1,713,113
Debt premium, net   (40,610)     (28,387)
Total debt obligations, net [1]   2,697,503     1,684,726
Real estate pledged as collateral on debt obligations   2,000,000      
Secured Debt          
Debt Instrument [Line Items]          
Total debt obligations   1,498,113     1,713,113
Debt premium, net   (27,744)      
Total debt obligations, net   1,470,369      
Unsecured Debt          
Debt Instrument [Line Items]          
Total debt obligations   1,240,000      
Debt premium, net   (12,866)      
Total debt obligations, net   1,227,134      
Mortgages | Secured Debt          
Debt Instrument [Line Items]          
Total debt obligations   $ 1,498,113     1,498,113
Weighted average interest rate   3.99%      
Cash interest rate   3.23%      
Consolidated Mortgage Debt, Unconsolidated Mortgage Debt and Unsecured Senior Notes          
Debt Instrument [Line Items]          
Weighted average interest rate   3.62%      
Cash interest rate   3.06%      
2.80% Senior Notes | Unsecured Debt          
Debt Instrument [Line Items]          
Total debt obligations   $ 400,000      
Stated interest rate   2.80%   2.80%  
2.85% Senior Notes | Unsecured Debt          
Debt Instrument [Line Items]          
Total debt obligations   $ 350,000      
Stated interest rate   2.85% 2.85%    
2017 Revolver | Secured Debt          
Debt Instrument [Line Items]          
Total debt obligations         $ 215,000
2017 Revolver | Unsecured Debt          
Debt Instrument [Line Items]          
Total debt obligations   $ 490,000      
2017 Revolver | Unsecured Debt | LIBOR          
Debt Instrument [Line Items]          
Basis point spread on variable interest rate (percent) 1.00% 1.00%      
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities ("VIEs").