XML 47 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Indebtedness (Details) - USD ($)
$ in Thousands
3 Months Ended
Feb. 02, 2018
Mar. 31, 2018
Mar. 31, 2017
May 08, 2018
Dec. 31, 2017
Indebtedness          
Unsecured revolving credit facility, outstanding borrowings   $ 86,000     $ 398,000
Unsecured term loan outstanding   399,252     399,086
Senior unsecured notes, net   3,592,291     $ 3,203,962
Proceeds from issuance of senior notes, net of underwriting discounts and other offering expenses   389,976 $ 598,246    
Revolving credit facility and term loan          
Indebtedness          
Maximum borrowing capacity that may be increased   2,300,000      
Revolving credit facility          
Indebtedness          
Unsecured revolving credit facility, outstanding borrowings   86,000      
Unsecured revolving credit facility, maximum borrowing capacity   $ 1,000,000      
Credit facility fee percentage   0.20%      
Annual interest rate   2.98%      
Weighted average interest rate   2.75% 1.95%    
Remaining borrowing capacity   $ 914,000      
Revolving credit facility | LIBOR          
Indebtedness          
Margin over base rate, in basis points (as a percent)   1.10%      
Unsecured term loan          
Indebtedness          
Unsecured term loan outstanding   $ 400,000      
Annual interest rate   2.86%      
Weighted average interest rate   2.80% 1.98%    
Unsecured term loan | LIBOR          
Indebtedness          
Margin over base rate, in basis points (as a percent)   1.20%      
Senior unsecured notes          
Indebtedness          
Senior unsecured notes, net   $ 3,650,000      
Subsequent event | Revolving credit facility          
Indebtedness          
Unsecured revolving credit facility, outstanding borrowings       $ 0  
Remaining borrowing capacity       $ 1,000,000  
Senior Unsecured Notes, due 2030 at 4.375%          
Indebtedness          
Interest rate, stated percentage   4.375%      
Senior Unsecured Notes, due 2030 at 4.375% | Senior unsecured notes          
Indebtedness          
Issuance of senior notes $ 400,000        
Interest rate, stated percentage 4.375%        
Proceeds from issuance of senior notes, net of underwriting discounts and other offering expenses $ 386,454