XML 44 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Debt (Details) - USD ($)
$ in Thousands
2 Months Ended 3 Months Ended 9 Months Ended
Sep. 18, 2019
Jun. 07, 2019
Jan. 31, 2019
Sep. 30, 2019
Aug. 21, 2019
Sep. 30, 2019
Sep. 30, 2019
Sep. 30, 2018
Jul. 25, 2019
Dec. 31, 2018
Debt Instrument [Line Items]                    
Senior notes issued       $ 2,806,422   $ 2,806,422 $ 2,806,422     $ 2,404,279
Net proceeds from senior note offering             400,106 $ 0    
Maximum borrowing capacity under revolving credit facility                 $ 1,000,000  
Spread over LIBOR       0.775%            
Mortgage loan assumed with acquisition             16,951 $ 0    
Maximum amount outstanding under revolving credit facility           $ 47,000 $ 116,500      
Weighted average interest rate, before amortization of debt fees           3.00% 3.20%      
Weighted average borrowings outstanding           $ 14,000 $ 34,700      
Outstanding balance on revolving credit facility       $ 0   $ 0 $ 0      
3.20% Senior note                    
Debt Instrument [Line Items]                    
Senior notes issued   $ 300,000     $ 100,000          
Fixed rate senior unsecured notes | 3.20% Senior note                    
Debt Instrument [Line Items]                    
Interest rate   3.20%                
Note offering percent   99.838%     103.813%          
Debt yield to maturity rate   3.219%     2.744%          
Net proceeds from senior note offering         $ 399,900          
Term loan                    
Debt Instrument [Line Items]                    
Repayment of unsecured term loan   $ 275,000                
Rollingwood Apartments | Mortgage loan                    
Debt Instrument [Line Items]                    
Principal amount of mortgage loan repayment     $ 20,300              
A retail building in Hoboken, New Jersey | Mortgage loan                    
Debt Instrument [Line Items]                    
Interest rate 3.75%                  
Mortgage loan assumed with acquisition $ 17,000                  
Mortgage loan fair value $ 17,500                  
Option to increase credit facility through accordion feature                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity under revolving credit facility                 $ 1,500,000