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Debt Obligations - Consolidated Debt Obligations Outstanding (Details) - USD ($)
$ in Thousands
1 Months Ended 9 Months Ended 12 Months Ended
Oct. 08, 2015
Sep. 30, 2017
Oct. 07, 2015
Dec. 31, 2017
Nov. 09, 2017
Dec. 31, 2016
Consolidated debt obligations            
Plus: premiums/(discounts), net       $ (6,748)    
Less: deferred financing costs       (11,141)    
Total Debt Obligations       1,930,828   $ 2,013,112
Secured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       320,107   325,038
Plus: premiums/(discounts), net       (2,325)   (2,761)
Less: deferred financing costs       (566)   (728)
Total mortgage indebtedness       317,216   321,549
Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       1,628,610   1,703,610
Plus: premiums/(discounts), net       (4,423)   (4,678)
Less: deferred financing costs       (10,575)   (7,369)
Total unsecured indebtedness       1,613,612   1,691,563
Two Logan Square [Member] | Secured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 84,440   86,012
Effective interest rate       3.98%    
Debt instrument maturity date       May 01, 2020    
One Commerce Square [Member] | Secured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 123,667   127,026
Effective interest rate [1]       3.64%    
Debt instrument maturity date       Apr. 05, 2023    
Two Commerce Square [Member] | Secured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 112,000   112,000
Effective interest rate [2]       4.51%    
Debt instrument maturity date       Apr. 05, 2023    
$300.0M 5.70% Guaranteed Notes due 2017 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross [3]       $ 0   300,000
Effective interest rate [3]       5.68%    
Debt instrument maturity date [3]       May 01, 2017    
$325.0M 4.95% Guaranteed Notes due 2018 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross [4]       $ 0   325,000
Effective interest rate [4]       5.13%    
Debt instrument maturity date [4]       Apr. 15, 2018    
$250M 3.95% Guaranteed Notes due 2023 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross [4]       $ 350,000   250,000
Effective interest rate [4]       3.87%    
Debt instrument maturity date [4]       Feb. 15, 2023    
Seven Year Term Loan - Swapped to fixed [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross $ 250,000   $ 200,000 $ 250,000   250,000
Effective interest rate 3.72%     3.72%    
Debt instrument maturity date Oct. 08, 2022   Feb. 01, 2019 Oct. 01, 2022    
250.0M 4.10% Guaranteed Notes due 2024 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 250,000   250,000
Effective interest rate       4.33%    
Debt instrument maturity date       Oct. 01, 2024    
$450.0M 3.95% Guaranteed Notes due 2027 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 450,000 [4] $ 450,000 0 [4]
Effective interest rate [4]       4.03%    
Debt instrument maturity date [4]       Nov. 30, 2027    
$250M 4.55% Guaranteed Notes due 2029 [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 250,000   250,000
Effective interest rate       4.60%    
Debt instrument maturity date       Oct. 01, 2029    
Indenture IA (Preferred Trust I) [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross [5]       $ 27,062   27,062
Debt instrument, description of variable rate basis   LIBOR + 1.25%   LIBOR + 1.25% [5]    
Spread on variable rate   1.25%   1.25% [5]    
Debt instrument maturity date [5]       Mar. 30, 2035    
Indenture IB (Preferred Trust I) - Swapped to fixed [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 25,774   25,774
Effective interest rate       3.30%    
Debt instrument maturity date       Apr. 30, 2035    
Indenture II (Preferred Trust II) - Swapped to fixed [Member] | Unsecured Debt [Member]            
Consolidated debt obligations            
Long-term Debt, Gross       $ 25,774   $ 25,774
Effective interest rate       3.09%    
Debt instrument maturity date       Jul. 30, 2035    
[1] This loan was assumed upon acquisition of the related properties on December 19, 2013. On December 29, 2015, the Company refinanced the debt increasing the principal balance to $130.0 million and extended the scheduled maturity date from January 6, 2016 to April 5, 2023.  A default under this loan will also constitute a default under the loan secured by Two Commerce Square. This loan is also secured by a lien on Two Commerce Square.
[2] This loan was assumed upon acquisition of the related property on December 19, 2013. The interest rate reflects the market rate at the time of acquisition. A default under this loan will also constitute a default under the loan secured by One Commerce Square. This loan is also secured by a lien on One Commerce Square.
[3] On May 1, 2017, the entire principal balance of the unsecured 5.70% Guaranteed Notes was repaid upon maturity. Available cash balances and the Credit Facility (as defined below) were used to fund the repayment of the unsecured notes.
[4] On November 17, 2017, the Company completed an offering of $450.0 million 3.95% Guaranteed Notes due 2027 (the “2027 Notes) and reopened the 3.95% Guaranteed Notes due 2023 (the “2023 Notes”) for an additional $100.0 million. On November 17, 2017, the Company redeemed the remaining outstanding balance of the 4.95% Guaranteed Notes due 2018 (the “2018 Notes”) ahead of its scheduled maturity. See below for further discussion.
[5] On September 30, 2017, the interest rate hedge contract for the Preferred Trust I expired. Subsequent to this expiration, the debt bears interest at a variable rate of LIBOR + 1.25%.