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Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Subsequent to June 30, 2022, the Company:
amended its unsecured revolving credit facility, which extended the maturity of the revolving credit facility to July 2026 and reduced the applicable margin rates on the revolving credit facility. Loans under the facility that were indexed to LIBOR were amended to be indexed to SOFR. In addition, $300,000 of LIBOR swaps were transitioned to SOFR, resulting in a new fixed rate of 2.722% on the Company's $300,000 term loan;
repurchased and retired 1,800,000 common shares for an average price of $10.65 per share and the Company's Board of Trustees increased the repurchase authorization by 10,000,000 shares; and
disposed of three properties for an aggregate gross sales price of $91,950.