XML 28 R57.htm IDEA: XBRL DOCUMENT v3.20.1
Debt And Lines Of Credit , Schedule of debt and lines of credit (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2018
Mar. 31, 2020
USD ($)
Enc_Community_Released
Rate
Mar. 31, 2019
USD ($)
Rate
Sep. 30, 2019
USD ($)
Rate
Dec. 31, 2019
USD ($)
Enc_Community_Released
Rate
Jun. 30, 2019
USD ($)
Debt Instrument [Line Items]            
Reduction in secured borrowing balance   $ 0 $ 5,055,000      
Document Period End Date   Mar. 31, 2020        
Financial Instruments Subject to Mandatory Redemption, Term 7 years          
Secured debt   $ 3,273,808,000     $ 3,180,592,000  
Debt weighted average to maturity, years   10 years 7 months 6 days     11 years 1 month 6 days  
Weighted average interest rate | Rate   3.60%     4.00%  
Lines of credit   $ 582,774,000     $ 183,898,000  
Total debt   3,926,494,000     3,434,402,000  
Loss on extinguishment of debt   (3,279,000) (653,000)      
Collateralized term loans - CMBS [Member]            
Debt Instrument [Line Items]            
Secured debt   $ 902,375,000     $ 397,868,000  
Debt weighted average to maturity, years   9 years     3 years 1 month 6 days  
Weighted average interest rate | Rate   3.40%     5.10%  
Secured borrowing [Member]            
Debt Instrument [Line Items]            
Debt instrument, face amount   $ 230,000,000.0 $ 265,000,000.0 $ 250,000,000.0 $ 400,000,000.0  
Debt instrument term   15 years 25 years 10 years 21 years  
Debt Instrument, Interest Rate, Stated Percentage   2.995% 4.17% 2.925% 4.026%  
Preferred OP units [Member]            
Debt Instrument [Line Items]            
Secured debt   $ 34,663,000        
Preferred OP units - mandatorily redeemable   34,663,000     $ 34,663,000  
Debt weighted average to maturity, years         4 years  
Weighted average interest rate | Rate         6.50%  
Preferred Equity, Mandatorily Redeemable [Member]            
Debt Instrument [Line Items]            
Preferred OP units - mandatorily redeemable   $ 35,249,000     $ 35,249,000 $ 35,200,000
Debt instrument term   2 years 6 months        
Debt weighted average to maturity, years         2 years 9 months 18 days  
Weighted average interest rate | Rate   6.00%     6.00%  
Matures March 1, 2021, 5.837 Percent Interest Rate [Member] [Domain] [Domain] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance   $ 99,600,000        
Interest rate | Rate   5.837%        
Loss on extinguishment of debt   $ 3,400,000        
Number of Real Estate Units Released | Enc_Community_Released   11,000        
Matures July 1, 2020, 5.86 Percent Interest Rate [Member] [Domain] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance   $ 19,900,000        
Interest rate | Rate   5.83%        
Loss on extinguishment of debt         $ (100,000)  
Number of Real Estate Units Released | Enc_Community_Released   2,000        
Matures March 1, 2020, 5.62 Percent Interest Rate [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance         $ 17,000,000.0  
Interest rate | Rate         5.62%  
Loss on extinguishment of debt         $ 0  
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]            
Debt Instrument [Line Items]            
Secured debt   $ 373,202,000     $ 697,589,000  
Debt weighted average to maturity, years   4 years 7 months 6 days     7 years  
Weighted average interest rate | Rate   3.90%     3.70%  
Life Companies [Member] | Collateralized Mortgage Backed Securities [Member]            
Debt Instrument [Line Items]            
Secured debt   $ 1,701,478,000     $ 1,710,408,000  
Debt weighted average to maturity, years   16 years 10 months 24 days     17 years 1 month 6 days  
Weighted average interest rate | Rate   4.00%     4.00%  
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]            
Debt Instrument [Line Items]            
Secured debt   $ 296,753,000     $ 374,727,000  
Debt weighted average to maturity, years   3 years 4 months 24 days     4 years 10 months 24 days  
Weighted average interest rate | Rate   4.90%     3.90%  
Matures November 1, 2021, 5.10 Percent Interest Rate [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance         $ 127,300  
Interest rate | Rate         5.10%  
Loss on extinguishment of debt         $ 3,200,000  
Matures March 1 and April 1, 2020, 6.24 Percent Interest Rate [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance         $ 21,500,000  
Interest rate | Rate         6.24%  
Loss on extinguishment of debt         $ (200,000)  
Number of Real Estate Units Released | Enc_Community_Released         3,000  
Matures May 1, 2023, 4.3 Percent Interest Rate [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance       $ 134,000,000.0    
Interest rate | Rate       4.30%    
Loss on extinguishment of debt         $ 12,800,000  
Matures January 1, 2030, 3.83 Percent Interest Rate [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Reduction in secured borrowing balance     $ 186,800,000      
Interest rate | Rate     3.83%      
Loss on extinguishment of debt     $ 700,000      
Reported Value Measurement [Member] | Secured borrowing [Member]            
Debt Instrument [Line Items]            
Debt weighted average to maturity, years   5 years 10 months 24 days        
Weighted average interest rate | Rate   5.90%        
Revolving Credit Facility [Member]            
Debt Instrument [Line Items]            
Lines of credit   $ 582,774,000        
Revolving Credit Facility [Member] | Line of Credit [Member]            
Debt Instrument [Line Items]            
Debt weighted average to maturity, years   3 years 2 months 12 days     3 years 6 months  
Weighted average interest rate | Rate   1.80%     2.70%