XML 62 R49.htm IDEA: XBRL DOCUMENT v3.20.2
DEBT (Details)
6 Months Ended
Jun. 30, 2020
USD ($)
Integer
Dec. 31, 2019
USD ($)
Loans Payable, Noncurrent [Abstract]    
Secured Debt $ 128,733,000 $ 133,093,000
Unsecured Debt 1,037,854,000 938,115,000
Unsecured bank credit facilities 65,977,000 111,394,000
Total debt $ 1,232,564,000 1,182,602,000
$100 million senior unsecured private placement notes (2020) [Member]    
Secured and Unsecured Debt [Line Items]    
Debt Instrument, Term 7 years  
Debt Instrument, Interest Rate, Effective Percentage 2.39%  
Loans Payable, Noncurrent [Abstract]    
Unsecured debt, carrying amount $ 100,000,000  
Debt Instrument, Basis Spread on Variable Rate 1.45%  
Secured and unsecured debt [Member]    
Payments of principal over future years [Abstract]    
Remainder of 2020 $ 109,572,000  
2021 129,562,000  
2022 107,770,000  
2023 115,119,000  
2024 120,122,000  
2025 and beyond 586,802,000  
Long-term debt, maturities, secured debt and unsecured debt 1,168,947,000  
Unsecured bank credit facilities    
Loans Payable, Noncurrent [Abstract]    
Unsecured bank credit facilities - variable rate, carrying amount 67,038,000 112,710,000
Unamortized debt issuance costs (1,061,000) (1,316,000)
Unsecured bank credit facilities 65,977,000 111,394,000
Unsecured Debt [Member]    
Loans Payable, Noncurrent [Abstract]    
Unsecured debt, carrying amount [1] 1,040,000,000 940,000,000
Unamortized debt issuance costs (2,146,000) (1,885,000)
Unsecured Debt 1,037,854,000 938,115,000
Secured Debt [Member]    
Loans Payable, Noncurrent [Abstract]    
Secured debt-fixed rate, carrying amount [1] 128,947,000 133,422,000
Unamortized debt issuance costs (214,000) (329,000)
Secured Debt $ 128,733,000 $ 133,093,000
Pnc Na Unsecured revolving credit facility [Member] | Credit facility obtained in 2018 - $45 million [Member]    
Secured and Unsecured Debt [Line Items]    
Line of Credit Facility, Interest Rate at Period End 1.162%  
Line of Credit Facility, Current Borrowing Capacity $ 45,000,000  
Debt instrument, basis spread above LIBOR variable rate 100  
Line of credit, facility fee (in basis points) 20  
Debt Instrument, Maturity Date, Description Jul. 30, 2022  
Extension option on credit facility two six-month extensions  
Loans Payable, Noncurrent [Abstract]    
Unsecured bank credit facilities - variable rate, carrying amount $ 22,038,000  
Nine bank group unsecured revolving credit facility [Member] | Bank credit facility obtained in 2018 - $350 million [Member]    
Secured and Unsecured Debt [Line Items]    
Line of Credit Facility, Interest Rate at Period End 1.184%  
Letters of Credit Outstanding, Amount $ 674,000  
Line of Credit Facility, Current Borrowing Capacity $ 350,000,000  
Number of banks included in the unsecured revolving credit facility | Integer 9  
Debt instrument, basis spread above LIBOR variable rate 100  
Line of credit, facility fee (in basis points) 20  
Debt Instrument, Maturity Date, Description Jul. 30, 2022  
Extension option on credit facility two six-month extensions  
Expansion option on credit facility $ 150,000,000  
Loans Payable, Noncurrent [Abstract]    
Unsecured bank credit facilities - variable rate, carrying amount $ 45,000,000  
[1]
These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.