Borrowings (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The following table summarizes the Company’s outstanding debt as of June 30, 2023 (dollars in thousands):

	Balance			Weighted Average Effective Rate			Weighted Average Contract Maturity
Unsecured debt
Fixed rate senior notes	$	4,050,000			3.4	%	5/14/2029
Debt issuance costs, discounts, premiums and fair market value adjustments		(16,909	)
Total unsecured debt	$	4,033,091			3.4	%
Secured debt
Fixed rate property mortgages	$	366,426			4.4	%	11/12/2048
Debt issuance costs		(3,124	)
Total secured debt	$	363,302			4.4	%
Total outstanding debt	$	4,396,393			3.4	%