Debt Guaranteed by the Company (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Debt

The Operating Partnership had the following principal amounts outstanding on the debt guaranteed by the Company (in thousands):

	As of
	March 31, 2022		December 31, 2021
Unsecured lines of credit	$	—	$	—
Unsecured term loan	$	300,000	$	300,000

The debt of the Operating Partnership consisted of the following (in thousands):

						As of				As of
						March 31, 2022				December 31, 2021
	Stated Interest Rate(s)				Maturity Date	Principal		Book Value(1)		Principal		Book Value(1)
Senior, unsecured notes:
Senior notes	3.125	%			September 2026	$	350,000	$	347,470	$	350,000	$	347,329
Senior notes	3.875	%			July 2027	300,000		297,842		300,000		297,742
Senior notes	2.750	%			September 2031	400,000		391,323		400,000		391,110
Mortgages payable:
Atlantic City (2) (3)	6.44	%	-	7.65%	December 2024- December 2026	20,468		21,215		21,550		22,387
Southaven	LIBOR		+	1.80%	April 2023	40,144		40,097		40,144		40,087
Unsecured term loan	LIBOR		+	1.25%	April 2024	300,000		298,590		300,000		298,421
Unsecured lines of credit	LIBOR		+	1.20%	July 2025	—		—		—		—
						$	1,410,612	$	1,396,537	$	1,411,694	$	1,397,076

(1)Including premiums and net of debt discount and debt origination costs.

(2)The effective interest rate assigned during the purchase price allocation to the Atlantic City mortgages assumed during the acquisition in 2011 was 5.05%.

(3)Principal and interest due monthly with remaining principal due at maturity.