Quarterly report pursuant to Section 13 or 15(d)

Debt, Net - Schedule of Debt (Details)

v3.21.1
Debt, Net - Schedule of Debt (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
extension
Mar. 11, 2021
USD ($)
Dec. 31, 2020
USD ($)
Debt      
Carrying Value $ 2,207,903,000   $ 2,086,918,000
Mortgage and other secured debt      
Debt      
Carrying Value 258,596,000   255,110,000
Loans payable      
Debt      
Debt issuance costs $ 6,700,000   5,900,000
Line of Credit | Revolving Credit Facility      
Debt      
Number of extensions | extension 2    
Extension option period (in years) 6 months    
Line of credit facility, extension fee percentage 0.075%    
Fixed rate mortgage debt | Mortgage and other secured debt      
Debt      
Carrying Value $ 139,099,000   139,991,000
Unamortized premium included in carrying value $ 139,000   155,000
Weighted average interest rate (as a percent) 4.16%    
Fixed rate mortgage debt | Mortgage and other secured debt | Minimum      
Debt      
Interest rate 3.82%    
Fixed rate mortgage debt | Mortgage and other secured debt | Maximum      
Debt      
Interest rate 4.62%    
Variable-rate secured debt | Mortgage and other secured debt      
Debt      
Carrying Value $ 119,497,000   115,119,000
Weighted average interest rate (as a percent) 2.24%    
Variable-rate secured debt | Mortgage and other secured debt | Minimum      
Debt      
Variable rate, spread 1.45%    
Variable-rate secured debt | Mortgage and other secured debt | Maximum      
Debt      
Variable rate, spread 2.35%    
Construction Loan | Mortgage and other secured debt | London Interbank Offered Rate (LIBOR)      
Debt      
Remaining borrowing capacity $ 25,000,000.0    
Revolving Credit Facility      
Debt      
Carrying Value 0   143,000,000
Aggregate additional borrowing capacity available $ 500,000,000.0    
Revolving Credit Facility | Minimum      
Debt      
Variable rate, spread 0.775%    
Revolving Credit Facility | Maximum      
Debt      
Variable rate, spread 1.45%    
Term Loan Facility      
Debt      
Interest rate 1.12%    
Carrying Value $ 398,642,000   398,447,000
Term Loan Facility | Minimum      
Debt      
Variable rate, spread 1.00%    
Term Loan Facility | Maximum      
Debt      
Variable rate, spread 1.65%    
3.60%, $350,000 aggregate principal | Unsecured senior notes      
Debt      
Interest rate 3.60%    
Debt instrument, face amount $ 350,000,000    
Carrying Value 165,105,000   348,888,000
Unamortized discount included in carrying value $ 331,000   781,000
Effective interest rate on debt 3.70%    
5.25%, $250,000 aggregate principal | Unsecured senior notes      
Debt      
Interest rate 5.25%    
Debt instrument, face amount $ 250,000,000    
Carrying Value 103,689,000   248,194,000
Unamortized discount included in carrying value $ 630,000   1,600,000
Effective interest rate on debt 5.49%    
5.00%, $300,000 aggregate principal | Unsecured senior notes      
Debt      
Interest rate 5.00%    
Debt instrument, face amount $ 300,000,000    
Carrying Value 298,020,000   297,915,000
Unamortized discount included in carrying value $ 1,700,000   1,800,000
Effective interest rate on debt 5.15%    
2.25%, $400,000 aggregate principal | Unsecured senior notes      
Debt      
Interest rate 2.25%    
Debt instrument, face amount $ 400,000,000    
Carrying Value 394,719,000   394,464,000
Unamortized discount included in carrying value $ 4,300,000   4,500,000
Effective interest rate on debt 2.48%    
2.75%, $600,000 aggregate principal | Unsecured senior notes      
Debt      
Interest rate 2.75%    
Debt instrument, face amount $ 600,000,000 $ 600,000,000.0  
Carrying Value 588,268,000   0
Unamortized discount included in carrying value $ 10,100,000    
Effective interest rate on debt 2.94%    
Unsecured note payable      
Debt      
Interest rate 0.00%    
Carrying Value $ 864,000   900,000
Unamortized discount included in carrying value $ 147,000   $ 161,000