Quarterly report pursuant to Section 13 or 15(d)

Debt, Net - Schedule of Debt (Details)

v3.24.3
Debt, Net - Schedule of Debt (Details)
9 Months Ended
Sep. 30, 2024
USD ($)
extension
$ / shares
Sep. 30, 2024
USD ($)
extension
$ / shares
Dec. 31, 2023
USD ($)
Debt      
Carrying Value $ 2,390,839,000 $ 2,390,839,000 $ 2,416,287,000
Revolving Credit Facility      
Debt      
Carrying Value $ 75,000,000 $ 75,000,000 75,000,000
Variable rate, additional spread over SOFR   0.10%  
Weighted average interest rate 6.35% 6.35%  
Number of extensions | extension 2 2  
Extension option period   6 months  
Extension fee percentage   0.0625%  
Revolving Credit Facility | Minimum      
Debt      
Variable rate, spread over SOFR   0.725%  
Revolving Credit Facility | Maximum      
Debt      
Variable rate, spread over SOFR   1.40%  
Term Loan Facility      
Debt      
Interest rate 6.60% 6.60%  
Carrying Value $ 124,547,000 $ 124,547,000 124,291,000
Variable rate, additional spread over SOFR   0.10%  
Number of extensions | extension 2 2  
Extension option period   12 months  
Extension fee percentage   0.125%  
Term Loan Facility | Minimum      
Debt      
Variable rate, spread over SOFR   0.85%  
Term Loan Facility | Maximum      
Debt      
Variable rate, spread over SOFR   1.70%  
Mortgage and other secured debt      
Debt      
Carrying Value $ 69,968,000 $ 69,968,000 99,208,000
Loans payable      
Debt      
Net deferred financing costs $ 4,300,000 $ 4,300,000 5,300,000
Fixed-rate mortgage debt | Mortgage and other secured debt      
Debt      
Interest rate 3.82% 3.82%  
Carrying Value $ 37,391,000 $ 37,391,000 66,314,000
Variable-rate secured debt | Mortgage and other secured debt      
Debt      
Carrying Value $ 32,577,000 $ 32,577,000 32,894,000
Variable rate, additional spread over SOFR   0.10%  
Weighted average interest rate 6.87% 6.87%  
Number of extensions | extension 2 2  
Extension option period   12 months  
Extension fee percentage   0.10%  
Variable-rate secured debt | Mortgage and other secured debt | Interest rate swaps      
Debt      
Weighted average interest rate 2.44% 2.44%  
Variable-rate secured debt | Mortgage and other secured debt | Minimum      
Debt      
Variable rate, spread over SOFR   1.45%  
Variable-rate secured debt | Mortgage and other secured debt | Maximum      
Debt      
Variable rate, spread over SOFR   1.55%  
2.25%, $400,000 aggregate principal | Unsecured Senior Notes      
Debt      
Interest rate 2.25% 2.25%  
Debt instrument, face amount $ 400,000,000 $ 400,000,000  
Carrying Value 398,425,000 398,425,000 397,608,000
Unamortized discounts and/or commissions included in carrying value $ 1,300,000 $ 1,300,000 1,900,000
Effective interest rate on debt 2.48% 2.48%  
5.25%, $345,000 aggregate principal | Unsecured Senior Notes      
Debt      
Interest rate 5.25% 5.25%  
Debt instrument, face amount $ 345,000,000 $ 345,000,000  
Carrying Value 337,132,000 337,132,000 335,802,000
Unamortized discounts and/or commissions included in carrying value $ 7,000,000 $ 7,000,000 8,100,000
Effective interest rate on debt 5.83% 5.83%  
Exchange rate of notes 0.0333882    
Exchange price (in dollars per share) | $ / shares $ 29.95 $ 29.95  
2.00%, $400,000 aggregate principal | Unsecured Senior Notes      
Debt      
Interest rate 2.00% 2.00%  
Debt instrument, face amount $ 400,000,000 $ 400,000,000  
Carrying Value 397,838,000 397,838,000 397,471,000
Unamortized discounts and/or commissions included in carrying value $ 1,500,000 $ 1,500,000 1,800,000
Effective interest rate on debt 2.09% 2.09%  
2.75%, $600,000 aggregate principal | Unsecured Senior Notes      
Debt      
Interest rate 2.75% 2.75%  
Debt instrument, face amount $ 600,000,000 $ 600,000,000  
Carrying Value 592,048,000 592,048,000 591,212,000
Unamortized discounts and/or commissions included in carrying value $ 6,900,000 $ 6,900,000 7,600,000
Effective interest rate on debt 2.94% 2.94%  
2.90%, $400,000 aggregate principal | Unsecured Senior Notes      
Debt      
Interest rate 2.90% 2.90%  
Debt instrument, face amount $ 400,000,000 $ 400,000,000  
Carrying Value 395,584,000 395,584,000 395,265,000
Unamortized discounts and/or commissions included in carrying value $ 3,600,000 $ 3,600,000 3,900,000
Effective interest rate on debt 3.01% 3.01%  
Unsecured note payable      
Debt      
Interest rate 0.00% 0.00%  
Carrying Value $ 297,000 $ 297,000 430,000
Unamortized discounts and/or commissions included in carrying value $ 14,000 $ 14,000 $ 32,000