XML 31 R22.htm IDEA: XBRL DOCUMENT v3.22.1
Notes and Bonds Payable (Tables)
 3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of debt
The table below details the Company’s notes and bonds payable. 
 MATURITY DATESBALANCE AS OFEFFECTIVE INTEREST RATE
as of 3/31/2022
Dollars in thousands3/31/202212/31/2021
$700 million Unsecured Credit Facility
5/23$334,000 $210,000 1.35 %
$200 million Unsecured Term Loan due 2024, net of issuance costs 1
5/24199,516 199,460 2.03 %
$150 million Unsecured Term Loan due 2026, net of issuance costs 2
6/26149,412 149,376 2.52 %
Senior Notes due 2025, net of discount and issuance costs 3
5/25249,107 249,040 4.08 %
Senior Notes due 2028, net of discount and issuance costs1/28296,738 296,612 3.84 %
Senior Notes due 2030, net of discount and issuance costs 4
3/30296,901 296,813 2.71 %
Senior Notes due 2031, net of discount and issuance costs 3/31295,487 295,374 2.24 %
Mortgage notes payable, net of discounts and issuance costs and including premiums8/23-12/2686,277 104,650 3.97 %
$1,907,438 $1,801,325 
1The effective interest rate includes the impact of interest rate swaps on $75.0 million at a weighted average rate of 2.37% (plus the applicable margin rate, currently 100 basis points).
2The effective interest rate includes the impact of interest rate swaps on $100.0 million at a weighted average rate of 2.23% (plus the applicable margin rate, currently 95 basis points).
3The effective interest rate includes the impact of the $1.7 million settlement of forward-starting interest rate swaps that is included in Accumulated other comprehensive loss on the Company's Condensed Consolidated Balance Sheets.
4The effective interest rate includes the impact of the $4.3 million settlement of forward interest rate hedges that is included in Accumulated other comprehensive loss on the Company's Condensed Consolidated Balance Sheets.