Debt - Unsecured Notes (Details)
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3 Months Ended |
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Mar. 21, 2025
USD ($)
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Oct. 23, 2024
AUD ($)
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Sep. 13, 2024
USD ($)
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May 14, 2024
USD ($)
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Feb. 01, 2024
USD ($)
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Dec. 04, 2023
USD ($)
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Jun. 13, 2023
USD ($)
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Sep. 16, 2022
USD ($)
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Feb. 08, 2022
USD ($)
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Sep. 23, 2021
USD ($)
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Mar. 31, 2025
USD ($)
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Mar. 31, 2024
USD ($)
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Jan. 22, 2025
USD ($)
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Dec. 31, 2024
USD ($)
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Sep. 10, 2024
USD ($)
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Feb. 16, 2024
USD ($)
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Jan. 29, 2024
USD ($)
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Nov. 28, 2023
USD ($)
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Jul. 14, 2023
USD ($)
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Oct. 18, 2022
USD ($)
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Mar. 29, 2022
USD ($)
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Debt Instrument [Line Items] |
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Notional amount |
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$ 4,745,750,000
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$ 4,345,468,000
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Fair value, net |
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(2,955,000)
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(76,295,000)
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September 2026 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 350,000,000
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350,000,000
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350,000,000
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Interest rate, stated percentage |
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3.125%
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Debt redemption price, percentage of principal amount |
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100.00%
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February 2027 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 500,000,000
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500,000,000
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500,000,000
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Interest rate, stated percentage |
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4.70%
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Debt redemption price, percentage of principal amount |
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100.00%
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March 2025 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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500,000,000
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$ 500,000,000
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Interest rate, stated percentage |
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5.50%
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Principal amount repaid |
$ 500,000,000
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September 2027 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 600,000,000
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600,000,000
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600,000,000
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Interest rate, stated percentage |
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7.75%
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Debt redemption price, percentage of principal amount |
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100.00%
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September 2027 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 600,000,000
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Fixed interest rate |
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7.75%
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Basis spread on variable rate |
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3.84%
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Periodic payment |
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2,400,000
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$ 4,700,000
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Fair value, net |
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4,700,000
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(700,000)
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Fair value, net of present value of cash flows |
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1,300,000
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800,000
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June 2028 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 500,000,000
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650,000,000
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650,000,000
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$ 150,000,000
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Interest rate, stated percentage |
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7.95%
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7.95%
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Debt redemption price, percentage of principal amount |
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100.00%
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June 2028 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 650,000,000
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Fixed interest rate |
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7.95%
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Basis spread on variable rate |
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3.79%
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Fair value, net |
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7,900,000
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500,000
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Fair value, net of present value of cash flows |
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(200,000)
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(100,000)
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January 2029 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 550,000,000
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550,000,000
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550,000,000
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Interest rate, stated percentage |
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7.75%
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Debt redemption price, percentage of principal amount |
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100.00%
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January 2029 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 550,000,000
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Fixed interest rate |
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7.75%
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7.75%
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Basis spread on variable rate |
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3.647%
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Periodic payment |
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2,900,000
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Fair value, net |
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6,600,000
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(400,000)
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Fair value, net of present value of cash flows |
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(100,000)
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100,000
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September 2029 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 500,000,000
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900,000,000
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$ 400,000,000
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500,000,000
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Interest rate, stated percentage |
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6.60%
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6.60%
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Debt redemption price, percentage of principal amount |
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100.00%
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September 2029 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 500,000,000
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Fixed interest rate |
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6.60%
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Basis spread on variable rate |
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2.337%
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2.457%
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Periodic payment |
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1,300,000
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Fair value, net |
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18,600,000
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3,700,000
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Fair value, net of present value of cash flows |
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300,000
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500,000
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March 2030 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 1,000,000,000.00
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1,000,000,000
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1,000,000,000
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Interest rate, stated percentage |
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5.80%
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Debt redemption price, percentage of principal amount |
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100.00%
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March 2030 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 1,000,000,000.00
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Fixed interest rate |
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5.80%
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Basis spread on variable rate |
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2.619%
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Periodic payment |
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8,100,000
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Fair value, net |
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(24,300,000)
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(44,500,000)
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Fair value, net of present value of cash flows |
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(38,500)
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(6,100,000)
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March 2031 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 750,000,000
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750,000,000
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750,000,000
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Interest rate, stated percentage |
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6.65%
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Debt redemption price, percentage of principal amount |
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100.00%
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March 2031 Notes | Unsecured debt investments | Interest rate swaps |
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Debt Instrument [Line Items] |
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Notional amount |
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$ 750,000,000
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Fixed interest rate |
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6.65%
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Basis spread on variable rate |
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2.902%
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Periodic payment |
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3,500,000
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Fair value, net |
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600,000
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(14,200,000)
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Fair value, net of present value of cash flows |
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(400,000)
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(2,200,000)
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AUD 2027 Notes | Unsecured debt investments |
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Debt Instrument [Line Items] |
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Aggregate principal amount |
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$ 450,000,000
|
|
|
|
|
|
|
|
|
295,750,000
|
|
|
295,468,000
|
|
|
|
|
|
|
|
Interest rate, stated percentage |
|
6.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt redemption price, percentage of principal amount |
|
100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Convertible Debt |
|
$ 446,643,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AUD 2027 Notes | Unsecured debt investments | Cross-currency swap |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notional amount |
|
$ 379,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basis spread on variable rate |
|
2.67%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AUD 2027 Notes | Unsecured debt investments | Interest rate swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notional amount |
|
$ 71,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed interest rate |
|
6.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basis spread on variable rate |
|
2.72%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value, net |
|
|
|
|
|
|
|
|
|
|
(17,100,000)
|
|
|
(20,700,000)
|
|
|
|
|
|
|
|
Fair value, net of present value of cash flows |
|
|
|
|
|
|
|
|
|
|
$ 300,000
|
|
|
$ 400,000
|
|
|
|
|
|
|
|
Australian Debt Issuance Program | Unsecured debt investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate principal amount |
|
$ 2,500,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|