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Debt And Lines Of Credit (Tables)
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Schedule of debt and lines of credit [Table Text Block]
The following table sets forth certain information regarding debt including premiums, discounts and deferred financing costs (in thousands except statistical information):

 Carrying AmountWeighted Average
Years to Maturity
Weighted Average
Interest Rates
 June 30, 2021December 31, 2020June 30, 2021December 31, 2020June 30, 2021December 31, 2020
Secured Debt
Mortgage term loans - Life Companies$1,642,185 $1,658,239 15.816.33.991 %3.990 %
Mortgage term loans - FNMA1,146,146 1,150,924 8.69.13.226 %3.230 %
Mortgage term loans - CMBS264,364 267,205 2.42.94.789 %4.789 %
Mortgage term loans - FMCC365,402 368,599 3.43.93.853 %3.854 %
Total Mortgage Term Loans3,418,097 3,444,967 
Collateralized term loan 39,637 45,016 2.32.81.300 %1.310 %
Total Secured Debt3,457,734 3,489,983 
Unsecured Debt
Senior unsecured notes591,688 — 10.00.02.700 %— %
Line of credit and other debt191,841 1,197,181 3.93.70.928 %2.107 %
Preferred equity - Sun NG Resorts - mandatorily redeemable35,249 35,249 3.33.86.000 %6.000 %
Preferred OP units - mandatorily redeemable34,663 34,663 4.65.15.932 %5.932 %
Total Unsecured Debt853,441 1,267,093 
Total Debt$4,311,175 $4,757,076 10.49.43.519 %3.370 %
During the six months ended June 30, 2021, no mortgage term loans were paid off. During the year ended December 31, 2020, we paid off the following mortgage term loans (in thousands except statistical information):

Three Months EndedRepayment Amount Fixed Interest RateMaturity Date(Gain) / Loss on Extinguishment of Debt
June 30, 2020$52,710 
(1)
5.980 %
(3)
March 1, 2021
July 11, 2021
December 1, 2021
$1,930 
March 31, 2020$99,607 5.837 %March 1, 2021$3,403 
$19,922 
(2)
5.830 %
(3)
July 1, 2020$(124)
(1)Includes four mortgage term loans, two due to mature on March 1, 2021, one due to mature on July 11, 2021 and the other due to mature on December 1, 2021.
(2)Includes four mortgage term loans due to mature on July 1, 2020.
(3)The interest rate represents the weighted average interest rate on mortgage term loans.
During the six months ended June 30, 2021, we did not enter into any new mortgage term loans. During the year ended December 31, 2020, we entered into the following mortgage term loans (in thousands except statistical information):

Three Months EndedLoan AmountTerm
(in years)
Interest
Rate
Maturity
Date
December 31, 2020$268,800 
(1)
122.662 %
(2)
May 1, 2030
November 1, 2032
March 31, 2020$230,000 152.995 %April 1, 2035
(1)Includes three mortgage term loans, one for $8.8 million due to mature on May 1, 2030 and two for $39.5 million and $220.5 million, due to mature on November 1, 2032.
(2)The interest rate represents the weighted average interest rate on mortgage term loans.