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Debt (Tables)
3 Months Ended
Mar. 31, 2020
Schedule of Maturities of Long-term Debt [Table Text Block]

The following table presents scheduled principal payments related to the Company’s debt as of March 31, 2020 (in thousands):

Scheduled

    

Balloon

    

Principal

Payment

Total

Remainder of 2020

$

711

$

$

711

2021

 

998

 

 

998

2022

 

1,060

 

 

1,060

2023

 

1,069

 

67,656

 

68,725

2024 (1)

963

342,000

342,963

Thereafter

 

1,654

 

610,000

 

611,654

Total

$

6,455

$

1,019,656

$

1,026,111

(1)

The balloon payment balance includes the balance outstanding under the Revolving Credit Facility as of March 31, 2020. The Credit Facility matures in January 2024, with options to extend the maturity as described under Senior Unsecured Revolving Credit Facility above.

Mortgages [Member]  
Schedule of Long-term Debt Instruments [Table Text Block]

    

March 31, 2020

    

December 31, 2019

(not presented in thousands)

(in thousands)

Note payable in monthly installments of $23,004, including interest at 6.24% per annum, extinguished in January 2020

 $

 $

2,775

 

 

  

Note payable in monthly installments of interest only at 3.60% per annum, with a balloon payment due January 2023

 

23,640

 

23,640

 

  

 

  

Note payable in monthly installments of $35,673, including interest at 5.01% per annum, with a balloon payment of $4,034,627 due September 2023

 

4,733

 

4,779

 

  

 

  

Note payable in monthly installments of $91,675 including interest at 6.27% per annum, with a final monthly payment due July 2026

 

5,738

 

5,921

 

  

 

  

Total principal

 

34,111

 

37,115

Unamortized debt issuance costs

 

(391)

 

(417)

Total

$

33,720

$

36,698

Unsecured Debt [Member]  
Schedule of Long-term Debt Instruments [Table Text Block]

The following table presents the unsecured term loans balance net of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019 (in thousands):

    

March 31, 2020

    

December 31, 2019

2023 Term Loan

$

40,000

$

40,000

2024 Term Loan Facilities

 

100,000

 

100,000

2026 Term Loan

 

100,000

 

100,000

Total Principal

 

240,000

 

240,000

Unamortized debt issuance costs

 

(2,547)

 

(2,597)

Total

$

237,453

$

237,403

Senior Unsecured Notes [Member]  
Schedule of Long-term Debt Instruments [Table Text Block]

The following table presents the senior unsecured notes balance net of unamortized debt issuance costs as of March 31, 2020, and December 31, 2019 (in thousands):

    

March 31, 2020

    

December 31, 2019

2025 Senior Unsecured Notes

$

50,000

$

50,000

2027 Senior Unsecured Notes

 

50,000

 

50,000

2028 Senior Unsecured Notes

 

60,000

 

60,000

2029 Senior Unsecured Notes

 

100,000

 

100,000

2030 Senior Unsecured Notes

 

125,000

 

125,000

2031 Senior Unsecured Notes

 

125,000

125,000

Total Principal

 

510,000

 

510,000

Unamortized debt issuance costs

 

(774)

 

(802)

Total

$

509,226

$

509,198