XML 87 R67.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unsecured Credit Facility (Details)
$ in Thousands
12 Months Ended
Apr. 24, 2017
USD ($)
mo
Dec. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
yr
Apr. 24, 2018
USD ($)
Dec. 31, 2017
USD ($)
Apr. 23, 2017
USD ($)
Line of Credit Facility [Line Items]            
Unsecured term loan, net   $ 498,488 $ 498,488   $ 0  
Line of Credit Facility, Amount Outstanding   $ 0 $ 0   45,000  
Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Current Borrowing Capacity $ 1,500,000         $ 1,000,000
Competitive bid quote 65.00%          
Line of Credit Facility, Amount Outstanding         $ 45,000  
Maximum Leverage Ratio   60.00%        
Leverage Ratio Maximum Increasing Limit   65.00%        
Leverage Ratio Reduction Limit   60.00%        
Leverage Ratio Reduction Period, Years | yr     1      
Maximum Secured Debt Leverage Ratio   55.00%        
Fixed Charge Coverage Ratio Minimum.   1.40 1.40      
Maximum Unsecured Debt Leverage Ratio   60.00%        
Unsecured Debt Leverage Ratio Maximum Increasing Limit   65.00%        
Unsecured Debt Leverage Ratio Reduction Limit   60.00%        
Unsecured Debt Leverage Ratio Reduction Period, Years   1.75 1      
Potential increase to line of credit       $ 500,000    
Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Current Borrowing Capacity           $ 500,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.15%          
Unsecured term loan, net       $ 500,000    
Line of Credit Facility, Amount Outstanding   $ 500,000 $ 500,000      
Maximum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.30%          
Minimum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.10%          
Current credit rating [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   0.125%        
Interest Rate Based on LIBOR or CDOR [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate       0.90%    
Interest Rate Based on LIBOR or CDOR [Member] | Maximum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 1.55%          
Interest Rate Based on LIBOR or CDOR [Member] | Maximum [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 1.75%          
Interest Rate Based on LIBOR or CDOR [Member] | Minimum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.775%          
Interest Rate Based on LIBOR or CDOR [Member] | Minimum [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.85%          
Interest Rate Based on LIBOR or CDOR [Member] | Current credit rating [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate   0.825% 0.825%      
Interest Rate Based on LIBOR or CDOR [Member] | Current credit rating [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate   0.90% 0.90%      
Alternative Base Interest Rate Calculation [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Amount added to Federal Funds Rate to Calculate Interest Rate 0.50%          
LIBOR Period Used to Calculate Interest Rate (in months) | mo 1          
Amount added to LIBOR to Calculate Interest Rate 1.00%          
Alternative Base Interest Rate Calculation [Member] | Maximum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.55%          
Alternative Base Interest Rate Calculation [Member] | Maximum [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.75%          
Alternative Base Interest Rate Calculation [Member] | Minimum [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.00%          
Alternative Base Interest Rate Calculation [Member] | Minimum [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate 0.00%          
Alternative Base Interest Rate Calculation [Member] | Current credit rating [Member] | Revolving Credit Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate   0.00% 0.00%      
Alternative Base Interest Rate Calculation [Member] | Current credit rating [Member] | Delayed Draw Facility [Member]            
Line of Credit Facility [Line Items]            
Margin added to Calculated Interest Rate   0.00% 0.00%