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Senior Secured Notes, Net (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Senior Secured Notes, Net The following table details our secured debt ($ in thousands):
 
Secured Debt
Borrowings Outstanding
 June 30, 2023December 31, 2022
Secured credit facilities$13,451,427 $13,549,748 
Acquisition facility——
Total secured debt$13,451,427 $13,549,748 
Deferred financing costs(1)
(20,388)(21,584)
Net book value of secured debt$13,431,039 $13,528,164 
(1)Costs incurred in connection with our secured debt are recorded on our consolidated balance sheets when incurred and recognized as a component of interest expense over the life of each related facility.
As of June 30, 2023, the following Senior Secured Notes, were outstanding ($ in thousands):

Senior Secured NotesFace ValueInterest Rate
All-in Cost(1)
Maturity
Senior Secured Notes$400,000 3.75 %4.04 %January 15, 2027
(1)Includes transaction expenses that are amortized through interest expense over the life of the Senior Secured Notes.
The following table details the net book value of our Senior Secured Notes on our consolidated balance sheets ($ in thousands):
 June 30, 2023December 31, 2022
Face value$400,000 $400,000 
Deferred financing costs(4,240)(4,834)
Net book value$395,760 $395,166