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Indebtedness (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Additional Outstanding Debt
At December 31, 2022 and 2021, our outstanding indebtedness consisted of the following:
  Principal Balance as of December 31,
Floating Rate DebtMaturity20222021
Credit facility (1)(2)(3)
January 2024$700,000 $800,000 
Total floating rate debt $700,000 $800,000 
(1)In February 2022, we exercised our option to extend the maturity date of our credit facility by one year to January 2024.
(2)In January 2023, pursuant to the terms of our credit agreement, we repaid $113,627 in outstanding borrowings under our credit facility and the facility commitments were reduced to $586,373.
(3)In February 2023, we and our lenders amended our credit agreement to, among other things, extend the waiver of the fixed charge coverage ratio covenant through January 15, 2024 and reduce our credit facility commitments to $450,000 following our repayment of $136,373 in outstanding borrowings.
   December 31, 2022December 31, 2021
Senior Unsecured Notes (1)
CouponMaturityFace
Amount
Unamortized
Discount
Face
Amount
Unamortized
Discount
Senior unsecured notes4.750 %May 2024$250,000 105 $250,000 $184 
Senior unsecured notes (2)
9.750 %June 2025500,000 — 1,000,000 — 
Senior unsecured notes4.750 %February 2028500,000 4,325 500,000 5,169 
Senior unsecured notes (2)
4.375 %March 2031500,000 — 500,000 — 
Senior unsecured notes5.625 %August 2042350,000 — 350,000 — 
Senior unsecured notes6.250 %February 2046250,000 — 250,000 — 
Total senior unsecured notes  $2,350,000 $4,430 $2,850,000 $5,353 
(1)As of December 31, 2022 and 2021, the unamortized net debt issuance costs on certain of these notes were $27,870 and $37,836, respectively.
(2)These notes are fully and unconditionally guaranteed, on a joint and several basis and on a senior unsecured basis, by all of our subsidiaries, except for certain excluded subsidiaries, including pledged subsidiaries under our credit agreement. The notes and the guarantees are effectively subordinated to all of our and the subsidiary guarantors' secured indebtedness, respectively, to the extent of the value of the collateral securing such secured indebtedness, and
are structurally subordinated to all indebtedness and other liabilities and any preferred equity of any of our subsidiaries that do not guarantee the notes.
Schedule of Secured and Other Debt
 Principal Balance as of
December 31,
  Number of
Properties as
Collateral
Net Book Value of Collateral
as of December 31,
  
Secured and Other Debt
2022 (1)
2021 (1)
Interest
Rate
MaturityAt December 31, 202220222021
Mortgage note$— $11,120 6.28 %July 2022— $— $23,525 
Mortgage note— 10,479 4.85 %October 2022— — 19,211 
Mortgage note— 15,456 5.75 %October 2022— — 19,099 
Mortgage note14,732 15,204 6.64 %June 202324,645 24,593 
Mortgage note9,997 10,240 4.44 %July 204313,234 13,387 
Finance Leases5,339 6,636 7.70 %April 202620,624 18,527 
Total secured$30,068 $69,135 $58,503 $118,342 
(1)The principal balances are the amounts stated in the contracts. In accordance with GAAP, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2022 and 2021, the unamortized net premiums and debt issuance costs on certain of these mortgages were $(109) and $(578), respectively.
Schedule of Required Principal Payments on Outstanding Debt
Required principal payments on our outstanding debt as of December 31, 2022, were as follows:
YearPrincipal Payment
2023$266,413 
2024701,834 
2025502,001 
2026904 
2027302 
Thereafter1,608,614 
(1)
 
(1) The carrying value of our total debt outstanding as of December 31, 2022, including unamortized debt issuance costs, premiums and discounts was $3,047,877.