Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The Company had the following mortgages and notes payable outstanding as of June 30, 2022 and December 31, 2021:

	June 30, 2022		December 31, 2021
Mortgages and notes payable	$	78,845	$	84,429
Unamortized debt issuance costs	(1,194)		(1,337)
Mortgages and notes payable, net	$	77,651	$	83,092

Debt Instrument Redemption

The Company had the following senior notes outstanding as of June 30, 2022 and December 31, 2021:

Issue Date	June 30, 2022		December 31, 2021		Interest Rate		Maturity Date	Issue Price
August 2021	$	400,000	$	400,000	2.375	%	October 2031	99.758	%
August 2020	400,000		400,000		2.70	%	September 2030	99.233	%
May 2014	198,932		198,932		4.40	%	June 2024	99.883	%
	998,932		998,932
Unamortized debt discount	(3,441)		(3,655)
Unamortized debt issuance cost	(6,878)		(7,346)
Senior notes payable, net	$	988,613	$	987,931

Schedule of Line of Credit Facilities

The maturity dates and interest rates as of June 30, 2022, are 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 June 30, 2022, the Company had $120,000 borrowings outstanding and availability of $480,000, 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 $1,302 and $1,554 as of June 30, 2022 and December 31, 2021, respectively.