XML 69 R54.htm IDEA: XBRL DOCUMENT v3.10.0.1
Secured Debt Agreements, Net - Additional Information (Detail)
€ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
Facility
Jun. 30, 2018
GBP (£)
Facility
Dec. 31, 2017
USD ($)
Jun. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Jun. 30, 2018
EUR (€)
Jun. 30, 2018
GBP (£)
Dec. 31, 2017
GBP (£)
Debt Instrument [Line Items]                    
Aggregate borrowings $ 4,649,246,000   $ 4,649,246,000              
Basis spread on debt obligation, in percent     1.79% 1.79%            
Weighted-average advance rate     79.10% 79.10%            
Secured debt agreements borrowings outstanding         $ 38,456,000   $ 38,456,000      
Maximum Facility Size 660,400,000   $ 660,400,000   675,700,000   675,700,000   £ 500,000,000 £ 500,000,000
Interest expense 87,733,000 $ 54,352,000 157,722,000     $ 101,026,000        
Secured debt agreements borrowings outstanding 7,044,550,000   7,044,550,000   5,290,536,000   5,290,536,000      
Covenants, minimum tangible net worth $ 2,200,000,000   $ 2,200,000,000              
Covenants, percentage of tangible assets on cash proceeds from equity issuances     75.00% 75.00%            
Covenants, percentage of recourse indebtedness 5.00%   5.00%         5.00% 5.00%  
Maximum [Member]                    
Debt Instrument [Line Items]                    
Covenants, indebtedness to total assets, in percent 83.33%   83.33%         83.33% 83.33%  
Minimum [Member]                    
Debt Instrument [Line Items]                    
Covenants, EBITDA to fixed charges, in percent     140.00% 140.00%            
Covenants, minimum cash liquidity amount $ 10,000,000   $ 10,000,000              
Asset-Specific Financings [Member]                    
Debt Instrument [Line Items]                    
Weighted-average outstanding balance     1,100,000,000   525,500,000          
Revolving Credit Facility [Member]                    
Debt Instrument [Line Items]                    
Weighted-average outstanding balance     57,000,000   59,900,000          
Interest expense     885,000   2,200,000          
Amortization of deferred fees and expenses     511,000   497,000          
Secured debt agreements borrowings outstanding 0   0   0   0      
Revolving Credit Facility [Member] | Barclays [Member]                    
Debt Instrument [Line Items]                    
Maximum Facility Size 250,000,000   $ 250,000,000              
First mortgage bridge to term financing maximum period     6 months 6 months            
Credit Facilities [Member]                    
Debt Instrument [Line Items]                    
Additional credit capacity | £       £ 250,000,000            
Weighted-average outstanding balance     $ 4,300,000,000   4,400,000,000          
Aggregate borrowings 4,649,246,000   $ 4,649,246,000   4,068,249,000   $ 4,068,249,000      
Weighted-average advance rate     79.10% 79.10%     78.70%      
Weighted-average initial maturity     1 year 7 months 6 days 1 year 7 months 6 days     1 year 6 months      
Maximum Facility Size 8,327,710,000   $ 8,327,710,000   7,155,975,000   $ 7,155,975,000      
Secured debt agreements borrowings outstanding 4,649,246,000   4,649,246,000   $ 4,068,249,000   $ 4,068,249,000      
Credit Facilities [Member] | Barclays [Member]                    
Debt Instrument [Line Items]                    
Aggregate borrowings 496,480,000   496,480,000              
Maximum Facility Size 1,000,000,000   $ 1,000,000,000              
New Credit Facilities [Member]                    
Debt Instrument [Line Items]                    
Number of new credit facility | Facility     1 1            
Additional credit capacity | £       £ 1,000,000,000            
Asset-Specific Financings [Member]                    
Debt Instrument [Line Items]                    
Secured debt agreements borrowings outstanding 414,000,000   $ 414,000,000         € 800.0    
Asset-Specific Financings [Member] | Senior Loan [Member]                    
Debt Instrument [Line Items]                    
Secured loan $ 517,500,000   $ 517,500,000         € 1,000.0    
LIBOR [Member] | Credit Facilities [Member] | Weighted-Average Cash Coupon [Member]                    
Debt Instrument [Line Items]                    
Basis spread on debt obligation, in percent     1.79% 1.79%     1.90%      
LIBOR [Member] | Credit Facilities [Member] | Weighted-Average All-in Cost of Credit [Member]                    
Debt Instrument [Line Items]                    
Basis spread on debt obligation, in percent     1.98% 1.98%     2.12%