XML 119 R97.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt Obligations (Textual) (Details)
12 Months Ended
Jul. 17, 2018
USD ($)
Extension
Dec. 18, 2017
USD ($)
Nov. 16, 2017
USD ($)
Nov. 09, 2017
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Debt Instrument [Line Items]              
Line of Credit         $ 92,500,000 $ 0  
Loss on early extinguishment of debt         (105,000) (3,933,000) $ (66,590,000)
Extinguishment of Debt, Amount         $ 0 $ 325,000,000.0 $ 0
Prior Revolving Credit Facilty [Member]              
Debt Instrument [Line Items]              
Debt instrument maturity date May 15, 2019            
Revolving Credit Facility [Member]              
Debt Instrument [Line Items]              
Long-term Debt, Weighted Average Interest Rate         3.24% 2.28%  
Line of Credit         $ 92,500,000 $ 0  
Effective interest rate on credit facility         3.61%    
Interest expense borrowings         $ 1,000,000.0 $ 2,600,000  
Revolving Credit Facility [Member] | New Credit Facility [Member]              
Debt Instrument [Line Items]              
Maximum borrowing capacity $ 600,000,000.0            
Debt instrument maturity date Jul. 15, 2022            
Debt instrument, number of extensions | Extension 2            
Debt instrument, maturity extension period 6 months            
Debt financing costs $ 2,700,000            
Minimum Credit Spread on a LIBOR Rate Loan         0.00%    
Maximum Credit Spread on a LIBOR Rate Loan         0.45%    
Commitment fee percentage         0.25%    
Minimum fixed charge coverage ratio         1.5    
Maximum leverage ratio         0.60    
Maximum unsecured indebtedness to unencumbered asset value ratio         0.60    
Maximum secured indebtedness to total asset value ratio         0.40    
Minimum unencumbered cash flow to interest expense on unsecured debt ratio         1.75    
Maximum percent of payments of dividends and distributions         95.00%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | Minimum [Member]              
Debt Instrument [Line Items]              
Commitment fee percentage         0.125%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | Maximum [Member]              
Debt Instrument [Line Items]              
Commitment fee percentage         0.30%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | LIBOR [Member]              
Debt Instrument [Line Items]              
Variable interest rate         1.10%    
Basis spread on variable rate         1.00%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | LIBOR [Member] | Minimum [Member]              
Debt Instrument [Line Items]              
Variable interest rate         0.775%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | LIBOR [Member] | Maximum [Member]              
Debt Instrument [Line Items]              
Variable interest rate         1.45%    
Revolving Credit Facility [Member] | New Credit Facility [Member] | Federal Funds Rate [Member]              
Debt Instrument [Line Items]              
Basis spread on variable rate         0.50%    
Secured Debt [Member]              
Debt Instrument [Line Items]              
Long-term Debt, Weighted Average Interest Rate         4.05% 4.04% 4.03%
Long-term Debt, Gross         $ 323,032,000 $ 320,107,000  
Unsecured Debt [Member]              
Debt Instrument [Line Items]              
Long-term Debt, Gross         $ 1,721,110,000 1,628,610,000  
Unsecured Debt [Member] | $450.0M 3.95% Guaranteed Notes due 2027 [Member]              
Debt Instrument [Line Items]              
Debt instrument maturity date         Oct. 01, 2024    
Long-term Debt, Gross       $ 450,000,000.0 $ 450,000,000 450,000,000  
Debt Instrument, Interest Rate, Stated Percentage       3.95%      
Debt instrument, Unamortized discount, Percent of face amount       99.25%      
Debt instrument, Yield to maturity       4.04%      
Debt instrument, Yield to maturity spread at time of pricing       1.70%      
Treasury note rate term       10 years      
Unsecured Debt [Member] | $350M 3.95% Guaranteed Notes due 2023 [Member]              
Debt Instrument [Line Items]              
Debt instrument maturity date         Apr. 15, 2018    
Long-term Debt, Gross         $ 350,000,000 350,000,000  
Debt Instrument, Interest Rate, Stated Percentage       3.95%      
Debt Instrument, Face Amount       $ 100,000,000.0      
Debt instrument, Unamortized discount, Percent of face amount       102.497%      
Debt instrument, Yield to maturity       3.40%      
Debt instrument, Yield to maturity spread at time of pricing       1.40%      
Treasury note rate term       5 years      
Unsecured Debt [Member] | Notes 2027 and 2023 [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Unamortized Discount           3,400,000  
Debt Instrument, Unamortized Premium           $ 2,500,000  
Proceeds from Notes Payable       $ 546,600,000      
Unsecured Debt [Member] | Notes 2018 [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Repurchased Face Amount   $ 211,600,000 $ 115,100,000        
Repayments of debt     113,400,000        
Repayment of prepayment penalties   2,300,000 1,200,000        
Repayment of accrued interest   1,800,000 500,000        
Loss on early extinguishment of debt   (2,500,000) $ (1,400,000)        
Debt instrument, cash redemption price   $ 215,700,000