Debt (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The Company had the following mortgages and notes payable outstanding as of September 30, 2020 and December 31, 2019:

	September 30, 2020		December 31, 2019
Mortgages and notes payable	$	159,686	$	393,872
Unamortized debt issuance costs	(1,963)		(3,600)
	$	157,723	$	390,272

Debt Instrument Redemption

The Company had the following senior notes outstanding as of September 30, 2020 and December 31, 2019:

Issue Date	September 30, 2020		December 31, 2019		Interest Rate		Maturity Date	Issue Price
August 2020	$	400,000	$	—	2.70	%	September 2030	99.233	%
May 2014	198,932		250,000		4.40	%	June 2024	99.883	%
June 2013	188,756		250,000		4.25	%	June 2023	99.026	%
	787,688		500,000
Unamortized debt discount	(3,619)		(963)
Unamortized debt issuance cost	(5,126)		(2,167)
	$	778,943	$	496,870

Schedule of Line of Credit Facilities

A summary of the significant terms, as of September 30, 2020, is as follows:

	Maturity Date	Current Interest Rate
$600,000 Revolving Credit Facility(1)	February 2023	LIBOR + 0.90%
$300,000 Term Loan(2)	January 2025	LIBOR + 1.00%

(1)     Maturity date of the revolving credit facility can be extended to February 2024 at the Company's option. The interest rate ranges from LIBOR plus 0.775% to 1.45%. At September 30, 2020, the Company had no borrowings outstanding and availability of $600,000, subject to covenant compliance.

(2) The LIBOR portion of the interest rate was swapped to obtain a current fixed rate of 2.732% per annum. The aggregate unamortized debt issuance costs for the term loan was $2,183 and $2,561 as of September 30, 2020 and December 31, 2019, respectively.