MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Indebtedness (Details) - USD ($) $ in Thousands |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Debt Instrument [Line Items] | ||
Balance | $ 1,903,977 | |
Totals/Weighted Average | $ 1,903,977 | $ 2,389,070 |
Weighted Average Interest Rate | 4.47% | 3.60% |
Fixed Rate & Hedged Debt | ||
Debt Instrument [Line Items] | ||
Balance | $ 1,757,308 | $ 1,675,353 |
Weighted Average Interest Rate | 4.27% | 3.71% |
Revolving Credit Facility & Other Variable Rate Debt | ||
Debt Instrument [Line Items] | ||
Balance | $ 146,669 | $ 713,717 |
Weighted Average Interest Rate | 6.86% | 3.32% |
Revolving Credit Facility & Other Variable Rate Debt | Interest rate caps | ||
Debt Instrument [Line Items] | ||
Balance | $ 485,000 | $ 75,000 |
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- Definition Amount of short-term and long-term debt and lease obligation. 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. No definition available.
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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