Debt - Narrative (Details) |
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2025
USD ($)
property
|
Mar. 31, 2024
USD ($)
|
Dec. 31, 2024
USD ($)
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Debt Instrument | |||
Number of properties | property | 55 | ||
Loss on extinguishment of debt | $ 1,858,000 | $ 0 | |
Secured debt | |||
Debt Instrument | |||
Long-term debt, gross | 2,060,667,000 | $ 1,752,667,000 | |
Unsecured debt | |||
Debt Instrument | |||
Long-term debt, gross | 2,138,000,000 | 2,435,000,000 | |
Office Portfolio CMBS | Secured debt | |||
Debt Instrument | |||
Debt instrument, maximum capacity | $ 475,000,000.0 | ||
Number of properties | property | 6 | ||
Long-term debt, gross | $ 475,000,000 | 0 | |
Element LA | Secured debt | |||
Debt Instrument | |||
Long-term debt, gross | 0 | 168,000,000 | |
Loss on extinguishment of debt | $ 1,900,000 | ||
Revolving credit facility | |||
Debt Instrument | |||
Repayments of debt | 297,000,000.0 | ||
Revolving credit facility | Unsecured debt | |||
Debt Instrument | |||
Repayments of debt | 259,000,000 | ||
Long-term debt, gross | 23,000,000 | 320,000,000 | |
Maximum borrowing capacity | $ 775,000,000.0 | $ 900,000,000 |
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- Definition Debt Instrument, Maximum Capacity No definition available.
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of real estate properties owned as of the balance sheet date. No definition available.
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- Definition Amount of cash outflow for short-term and long-term debt. Excludes payment of lease obligation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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