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Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Summary of Company's Mortgage Notes, Term Loans and Secured Revolving Credit Facilities
The following table details the mortgage notes, term loans, and secured revolving credit facilities secured by the Company’s real estate ($ in thousands):
 December 31, 2021Principal Balance Outstanding
Indebtedness
Weighted
Average
Interest Rate(1)
Weighted
Average
Maturity Date (2)(3)
Maximum
Facility Size		December 31, 2021December 31, 2020
Fixed rate loans:     
Fixed rate mortgages(4)
3.9%9/29/2028N/A$19,086,525 $13,124,595 
Variable rate loans:
Variable rate mortgages and term loans
L+2.0%
6/30/2026N/A20,004,365 6,305,964 
Variable rate secured revolving credit facilities
L+1.5%
1/26/2026$2,603,290 1,614,550 481,725 
Variable rate warehouse facilities
L+1.6%
8/10/2027$1,537,500 794,141 — 
Variable rate mezzanine loans
L+3.5%
3/9/2025N/A71,100 202,200 
Total variable rate loans
L+1.9%
7/2/202622,484,156 6,989,889 
Total loans secured by real estate2.9%7/13/202741,570,681 20,114,484 
Premium on assumed debt, net68,706 15,191 
Deferred financing costs, net(311,999)(153,514)
Mortgage notes, term loans, and secured revolving credit facilities, net$41,327,388 $19,976,161 

(1)The term “L” refers to the relevant floating benchmark rates, which include one-month LIBOR, three-month LIBOR, 30-day SOFR, and one-month CDOR, as applicable to each loan. 
(2)For loans where the Company, at its sole discretion, has extension options, the maximum maturity date has been assumed.
(3)The majority of the Company’s mortgages contain yield or spread maintenance provisions.
(4)Includes $396.3 million of loans related to our investment in affordable housing properties. Such loans are generally with municipalities, housing authorities, and other third parties administered through government sponsored affordable housing programs. Certain of these loans may be forgiven should specific affordable housing conditions be maintained.
Summary of Future Principal Payment Due Under Company's Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities
The following table details the future principal payments due under the Company’s mortgage notes, term loans, and secured revolving credit facilities as of December 31, 2021 ($ in thousands):
YearAmount
2022$523,021 
2023579,711 
20243,580,808 
20256,439,982 
202615,587,196 
Thereafter14,859,963 
Total$41,570,681