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Debt (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of principal payments on mortgages payable, notes payable, senior notes and debentures

Scheduled principal payments on mortgages payable, notes payable, senior notes and debentures as of December 31, 2023 are as follows:


	Mortgages Payable			Notes Payable			Senior Notes and Debentures		Total Principal
	(In thousands)
Year ending December 31,
2024	$	3,262		$	600,674	(1)	$	600,000	$	1,203,936
2025	247,630		(2)	490			—		248,120
2026	26,282			144			429,200		455,626
2027	178,282			79		(3)	515,000		693,361
2028	2,511			—			350,000		352,511
Thereafter	61,177			1,000			1,600,000		1,662,177
	$	519,144		$	602,387		$	3,494,200	$	4,615,731	(4)

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(1)Our $600.0 million term loan had an original maturity date of April 16, 2024. On February 6, 2024, we extended the maturity date to April 16, 2025, with an additional one year extension at our option still available to further extend the loan to April 16, 2026.

(2)Our $200.0 million mortgage loan secured by Bethesda Row matures on December 28, 2025 plus two one-year extensions, at our option to December 28, 2027.

(3)Our $1.25 billion revolving credit facility matures on April 5, 2027 plus two six-month extensions, at our option to April 5, 2028. As of December 31, 2023, there was no balance outstanding under this credit facility.

(4)The total debt maturities differ from the total reported on the consolidated balance sheet due to the unamortized net debt issuance costs and premium/discount on mortgage loans, notes payable, and senior notes as of December 31, 2023.