Quarterly report pursuant to Section 13 or 15(d)

Debt Guaranteed by the Company (Tables)

v3.22.2.2
Debt Guaranteed by the Company (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The Operating Partnership had the following principal amounts outstanding on the debt guaranteed by the Company (in thousands):
As of
September 30, 2022 December 31, 2021
Unsecured lines of credit $ —  $ — 
Unsecured term loan $ 300,000  $ 300,000 
The debt of the Operating Partnership consisted of the following (in thousands):
As of As of
September 30, 2022 December 31, 2021
Stated Interest Rate(s) Maturity Date Principal
Book Value(1)
Principal
Book Value(1)
Senior, unsecured notes:  
Senior notes 3.125  % September 2026 $ 350,000  $ 347,752  $ 350,000  $ 347,329 
Senior notes 3.875  % July 2027 300,000  298,041  300,000  297,742 
Senior notes 2.750  % September 2031 400,000  391,747  400,000  391,110 
Mortgages payable:
Atlantic City (2) (3)
6.44  % - 7.65% December 2024- December 2026 18,250  18,837  21,550  22,387 
     Southaven LIBOR + 1.80% April 2023 40,144  40,122  40,144  40,087 
Unsecured term loan LIBOR + 1.25% April 2024 300,000  298,964  300,000  298,421 
Unsecured lines of credit LIBOR + 1.20% July 2025 —  —  —  — 
  $ 1,408,394  $ 1,395,463  $ 1,411,694  $ 1,397,076 
(1)Including premiums and net of debt discount and debt origination costs.
(2)The effective interest rate assigned during the purchase price allocation to the Atlantic City mortgages assumed during the acquisition in 2011 was 5.05%.
(3)Principal and interest due monthly with remaining principal due at maturity.