Financing Activity (Tables)

12 Months Ended

Dec. 31, 2022

Real Estate Properties [Line Items]

Schedule Of Credit Facility Interest Expense and Deferred Financing Fee Amortization

Interest expense and deferred financing fee amortization related to the Credit Agreements for the years ended December 31, 2022 and 2021 were as follows:

	For the Year Ended December 31,
(in thousands of dollars)	2022		2021
Revolving Facilities:
Interest expense (1)	$	1,817	$	2,222
Deferred financing amortization		1,113		1,194
Term Loans:
Interest expense (2)		91,980		84,594
Deferred financing amortization		6,683		7,130

(2)All of the expense applied to the Term Loans, of which $60.9 million and $48.2 million, for the year ended December 31, 2022 and 2021, respectively, was for the Second Lien Term Loan Facility and was not paid in cash, but capitalized to the principal balance of the loan.

Carrying and Fair Values of Mortgage Loans

The estimated fair values of our consolidated mortgage loans based on year-end interest rates and market conditions at December 31, 2022 and 2021 are as follows:

	2022				2021
(in millions of dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Mortgage loans(1)	$	751.5	$	733.7	$	852.5	$	846.6

(1) The carrying value of consolidated mortgage loans excludes unamortized debt issuance costs of $2.1 million and $1.2 million as of December 31, 2022 and 2021, respectively.

Consolidated Properties

Real Estate Properties [Line Items]

Timing of Principal Payments and Terms of Mortgage Loans

The following table outlines the timing of principal payments and balloon payments pursuant to the terms of our consolidated mortgage loans of our consolidated properties as of December 31, 2022:

(in thousands of dollars) For the Year Ending December 31,	Principal Amortization		Balloon Payments		Total
2023	$	8,537	$	401,124	$	409,661
2024		6,405		119,643		126,048
2025		4,406		211,346		215,752
2026		—		—		—
2027 and thereafter		—		—		—
Total principal payments	$	19,348	$	732,113		751,461
Less: Unamortized debt issuance costs						2,065
Carrying value of mortgage notes payable					$	749,396