XML 76 R66.htm IDEA: XBRL DOCUMENT v3.21.1
Bank and Other Notes Payable (Details)
3 Months Ended 12 Months Ended
Apr. 14, 2021
USD ($)
Mar. 31, 2021
USD ($)
derivative
Dec. 31, 2020
USD ($)
Mortgage loans payable on real estate      
Number of agreements | derivative   4  
Unamortized deferred finance costs   $ 16,325,000 $ 14,085,000
Swaps      
Mortgage loans payable on real estate      
Number of agreements | derivative   4  
Outstanding borrowings under the line of credit   $ 400,000,000  
Effective interest rate   4.50%  
LIBOR      
Mortgage loans payable on real estate      
Variable interest rate spread (as a percent)   1.65%  
Line of Credit | Level 2 measurement      
Mortgage loans payable on real estate      
Fair value of outstanding line of credit   $ 1,483,027,000 1,485,598,000
Revolving line of credit | Revolving Loan Facility Matures On April 14, 2023 | Subsequent event      
Mortgage loans payable on real estate      
Revolving line of credit $ 525,000    
Debt instrument term 1 year    
Draws $ 320,000    
Revolving line of credit | LIBOR | New Credit Agreement | Subsequent event      
Mortgage loans payable on real estate      
Variable interest rate spread (as a percent) 2.75%    
Revolving line of credit | Line of Credit      
Mortgage loans payable on real estate      
Revolving line of credit   1,500,000,000  
Maximum contingent borrowing capacity   2,000,000,000  
Outstanding borrowings under the line of credit   1,480,000,000 1,480,000,000
Unamortized deferred finance costs   $ 1,284,000 $ 2,460,000
Line of credit, average interest rate   2.73% 2.73%
Availability for additional borrowing   $ 19,719,000 $ 19,719,000
Revolving line of credit | Line of Credit | Subsequent event      
Mortgage loans payable on real estate      
Repayments of debt $ 985,000    
Revolving line of credit | Line of Credit | LIBOR | Minimum      
Mortgage loans payable on real estate      
Variable interest rate spread (as a percent)   1.30%  
Revolving line of credit | Line of Credit | LIBOR | Maximum      
Mortgage loans payable on real estate      
Variable interest rate spread (as a percent)   1.90%  
Line of Credit | Term Loan Facility Matures On April 14, 2024 | Subsequent event      
Mortgage loans payable on real estate      
Revolving line of credit 175,000    
Expanded line of credit facility 800,000    
Draws 175,000    
Line of Credit | Line of Credit | New Credit Agreement | Subsequent event      
Mortgage loans payable on real estate      
Revolving line of credit $ 700,000