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Mortgages and Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company had the following mortgages and notes payable outstanding as of December 31, 2022 and 2021:
December 31, 2022December 31, 2021
Mortgages and notes payable$73,154 $84,429 
Unamortized debt issuance costs(1,051)(1,337)
$72,103 $83,092 
Schedule of Line of Credit Facilities The maturity dates and interest rates as of December 31, 2022, are as follows:
Maturity DateInterest Rate
$600,000 Revolving Credit Facility(1)
July 2026SOFR + 0.85%
$300,000 Term Loan(2)
January 2025Term SOFR + 1.00%
(1)In July 2022, the Company amended its revolving credit facility and the 2025 term loan to provide for a new revolving credit facility and the continuation of the 2025 term loan (the "2022 Credit Agreement"). The 2022 Credit Agreement, among other things: (i) extended the maturity date of the revolving portion from February 2023 to July 2026, with two six-month extension options, subject to certain conditions, (ii) reduced the applicable margin for the revolving portion of the credit facility by five basis points to a range from 0.725% to 1.400%, and allows for further reductions upon the achievement of to-be-determined sustainability metrics, (iii) amended the debt covenants by reducing the capitalization rate for determining asset value and (iv) transitioned the facility to SOFR. Simultaneously, the Company converted its interest rate swap agreements to Term SOFR, which resulted in a new fixed interest rate of 2.722% on the Company's 2025 term loan. The Company recognized $119 of debt
satisfaction losses in connection with the transaction. At December 31, 2022, the Company had no borrowings outstanding and availability of $600,000, subject to covenant compliance.
(2)The aggregate unamortized debt issuance costs for the term loan was $1,041 and $1,554 as of December 31, 2022 and 2021, respectively.
Schedule of Maturities of Long-term Debt
Scheduled principal and balloon payments for mortgages, notes payable and term loan for the next five years and thereafter are as follows:
Year ending
December 31,		Total
2023$12,265 
20245,373 
20255,570 
20265,773 
20275,984 
Thereafter38,189 
73,154 
Unamortized debt issuance costs(1,051)
$72,103 
Scheduled principal payments for these debt instruments for the next five years and thereafter are as follows:
Year ending December 31,Total
2023$— 
2024198,932 
2025— 
2026— 
2027— 
Thereafter929,120 
1,128,052 
Unamortized debt discounts(3,228)
Unamortized debt issuance costs(7,835)
$1,116,989