v3.25.1
Debt - Schedule of Existing Covenants and their Covenant Levels (Details)
3 Months Ended
Mar. 31, 2025
Debt Instrument  
Total liabilities to total asset value, covenant level (less than or equal to) (as a percent) 65.00%
Total liabilities to total asset value, actual performance (as a percent) 46.90%
Unsecured indebtedness to unencumbered asset value, covenant level (less than or equal to) (as a percent) 65.00%
Unsecured indebtedness to unencumbered asset value, actual performance (as a percent) 41.70%
Adjusted EBITDA to fixed charges, covenant level (greater than or equal to) 1.4
Adjusted EBITDA to fixed charges, actual performance 1.7
Secured indebtedness to total asset value, covenant level (less than or equal to) (as a percent) 45.00%
Secured indebtedness to total asset value, actual performance (as a percent) 23.70%
Unencumbered NOI to unsecured interest expense, covenant level (greater than or equal to) 1.75
Unencumbered NOI to unsecured interest expense, actual performance 2.0
Debt to total assets, covenant level (less than or equal to) (as a percent) 60.00%
Debt to total assets, actual performance (as a percent) 45.90%
Total unencumbered assets to unsecured debt, covenant level (greater than or equal to) (as a percent) 150.00%
Total unencumbered assets to unsecured debt, actual performance (as a percent) 247.20%
Consolidated income available for debt service to annual debt service charge, covenant level (greater than or equal to) 1.5
Consolidated income available for debt service to annual debt service charge, actual performance 1.7
Secured debt to total assets, covenant level (less than or equal to) (as a percent) 45.00%
Secured debt to total assets, actual performance (as a percent) 23.10%
3.95% Registered senior notes | Unsecured debt  
Debt Instrument  
Interest rate (as a percent) 3.95%
4.65% Registered senior notes | Unsecured debt  
Debt Instrument  
Interest rate (as a percent) 4.65%
3.25% Registered senior notes | Unsecured debt  
Debt Instrument  
Interest rate (as a percent) 3.25%
5.95% Registered senior notes | Unsecured debt  
Debt Instrument  
Interest rate (as a percent) 5.95%