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DEBT OBLIGATIONS - Consolidated Debt Obligations Outstanding (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 10, 2020
Oct. 21, 2020
Dec. 13, 2018
Dec. 12, 2018
Dec. 31, 2020
Dec. 31, 2019
Consolidated debt obligations            
Total Debt Obligations         $ 1,830,595 $ 2,144,418
Four Tower Bridge            
Consolidated debt obligations            
Repayments of long-term debt $ 9,100          
Secured Debt            
Consolidated debt obligations            
Long-term debt, gross         0 315,437
Plus: premiums/(discounts), net         0 (1,383)
Net deferred financing costs         0 (242)
Total Debt Obligations         0 313,812
Secured Debt | Two Logan Square            
Consolidated debt obligations            
Long-term debt, gross         $ 0 81,103
Effective interest rate         3.98%  
Repayments of long-term debt   $ 79,800        
Secured Debt | Four Tower Bridge            
Consolidated debt obligations            
Long-term debt, gross         $ 0 9,291
Effective interest rate         4.50%  
Secured Debt | One Commerce Square            
Consolidated debt obligations            
Long-term debt, gross         $ 0 116,571
Effective interest rate         3.64%  
Secured Debt | Two Commerce Square            
Consolidated debt obligations            
Long-term debt, gross         $ 0 108,472
Effective interest rate         4.51%  
Unsecured Debt            
Consolidated debt obligations            
Long-term debt, gross         $ 1,828,610 1,828,610
Plus: premiums/(discounts), net         10,137 12,090
Net deferred financing costs         (8,152) (10,094)
Total Debt Obligations         1,830,595 1,830,606
Unsecured Debt | $600 million Unsecured Credit Facility            
Consolidated debt obligations            
Debt instrument, face amount         600,000  
Long-term debt, gross         $ 0 0
Unsecured Debt | Seven-Year Term Loan - Swapped to fixed            
Consolidated debt obligations            
Debt instrument, term     7 years   7 years  
Debt instrument, interest rate, stated percentage     2.87%      
Long-term debt, gross     $ 250,000   $ 250,000 250,000
Effective interest rate         2.87%  
Unsecured Debt | $350.0M 3.95% Guaranteed Notes due 2023            
Consolidated debt obligations            
Debt instrument, face amount         $ 350,000  
Debt instrument, interest rate, stated percentage         3.95%  
Long-term debt, gross         $ 350,000 350,000
Effective interest rate         3.87%  
Unsecured Debt | $350.0M 4.10% Guaranteed Notes due 2024            
Consolidated debt obligations            
Debt instrument, face amount         $ 350,000  
Debt instrument, interest rate, stated percentage         4.10%  
Long-term debt, gross         $ 350,000 350,000
Effective interest rate         3.78%  
Unsecured Debt | $450.0M 3.95% Guaranteed Notes due 2027            
Consolidated debt obligations            
Debt instrument, face amount         $ 450,000  
Debt instrument, interest rate, stated percentage         3.95%  
Long-term debt, gross         $ 450,000 450,000
Effective interest rate         4.03%  
Unsecured Debt | $350.0M 4.55% Guaranteed Notes due 2029            
Consolidated debt obligations            
Debt instrument, face amount         $ 350,000  
Debt instrument, interest rate, stated percentage         4.55%  
Long-term debt, gross         $ 350,000 350,000
Effective interest rate         4.30%  
Unsecured Debt | Indenture IA (Preferred Trust I)            
Consolidated debt obligations            
Long-term debt, gross         $ 27,062 27,062
Unsecured Debt | Indenture IB (Preferred Trust I) - Swapped to fixed            
Consolidated debt obligations            
Long-term debt, gross         $ 25,774 25,774
Effective interest rate         3.30%  
Unsecured Debt | Indenture II (Preferred Trust II)            
Consolidated debt obligations            
Long-term debt, gross         $ 25,774 $ 25,774
LIBOR | Unsecured Debt | $600 million Unsecured Credit Facility            
Consolidated debt obligations            
Variable interest rate         1.10%  
LIBOR | Unsecured Debt | Seven-Year Term Loan - Swapped to fixed            
Consolidated debt obligations            
Variable interest rate     1.25% 1.80%    
LIBOR | Unsecured Debt | Indenture IA (Preferred Trust I)            
Consolidated debt obligations            
Variable interest rate         1.25%  
LIBOR | Unsecured Debt | Indenture II (Preferred Trust II)            
Consolidated debt obligations            
Variable interest rate         1.25%