XML 82 R65.htm IDEA: XBRL DOCUMENT v3.24.3
Debt (Schedule of Debt) (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 05, 2024
Dec. 31, 2023
Debt Instrument      
Deferred financing costs, net and other $ (42,861)   $ (53,163)
Total, net 5,675,054   5,688,020
Long term debt $ 2,566,004   2,563,432
Mortgages Payable:      
Debt Instrument      
Interest rate, end of period 4.93%    
Long-term debt, gross $ 5,708,919   5,729,615
Deferred financing costs, net and other (33,865)   (41,595)
Total, net $ 5,675,054   5,688,020
Mortgages Payable: | Fixed rate      
Debt Instrument      
Interest rate, end of period 4.62%    
Long-term debt, gross $ 4,591,850   4,518,200
Mortgages Payable: | Fixed rate | Interest Rate Cap      
Debt Instrument      
Derivative, notional amount $ 950,000    
Cap strike rate 1.00%    
Mortgages Payable: | Variable rate      
Debt Instrument      
Interest rate, end of period 6.16%    
Long-term debt, gross $ 1,117,069   1,211,415
Default rate   3.00%  
Mortgages Payable: | Variable rate | Interest Rate Cap      
Debt Instrument      
Derivative, notional amount $ 960,000    
Cap strike rate 4.79%    
Derivative, average remaining maturity 7 months    
Default rate   3.00%  
Unsecured Debt:      
Debt Instrument      
Interest rate, end of period 3.02%    
Long-term debt, gross $ 1,200,000   1,200,000
Deferred financing costs, net and other (4,597)   (6,127)
Long term debt $ 1,195,403   1,193,873
Unsecured term loan      
Debt Instrument      
Interest rate, end of period 4.73%    
Long-term debt, gross $ 800,000   800,000
Deferred financing costs, net and other (4,399)   (5,441)
Long term debt $ 795,601   794,559
Unsecured revolving credit facilities      
Debt Instrument      
Interest rate, end of period 3.88%    
Long term debt $ 575,000   $ 575,000