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Debt
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Debt Debt
The following table reflects a summary of our outstanding indebtedness as of June 30, 2024 and December 31, 2023 (in thousands):
June 30, 2024December 31, 2023
Carrying AmountCarrying Amount
Senior Unsecured Notes$1,755,411 $1,777,925 
Senior Unsecured Term Loans827,865 833,775 
Senior Unsecured Revolving Credit Facility619,636 392,156 
Total principal amount of indebtedness$3,202,912 $3,003,856 
Less: unamortized deferred financing costs
(9,254)(10,578)
Total indebtedness, net of deferred financing costs
$3,193,658 $2,993,278 
The following table provides the details of our Senior Unsecured Notes (in thousands):
June 30, 2024December 31, 2023
Stated Maturity DateContractual Interest RateBorrowing CurrencyCarrying Amount (USD)Borrowing CurrencyCarrying Amount (USD)
Series A Notes
01/20264.68%$200,000 $200,000 $200,000 $200,000 
Series B Notes
01/20294.86%$400,000 400,000 $400,000 400,000 
Series C Notes
01/20304.10%$350,000 350,000 $350,000 350,000 
Series D Notes01/20311.62%€400,000 429,552 €400,000 441,560 
Series E Notes01/20331.65%€350,000 375,859 €350,000 386,365 
Total Senior Unsecured Notes
$1,755,411 $1,777,925 
The following table provides the details of our Senior Unsecured Term Loans (in thousands):
June 30, 2024December 31, 2023
Stated Maturity Date
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
Tranche A-108/2027
SOFR + 0.94%
$375,000 $375,000 
SOFR + 0.94%
$375,000 $375,000 
Tranche A-201/2028
CORRA + 0.94%
C$250,000 182,865 
CDOR + 0.94%
C$250,000 188,775 
Delayed Draw Tranche A-301/2028
SOFR + 0.94%
$270,000 270,000 
SOFR + 0.94%
$270,000 270,000 
Total Senior Unsecured Term Loan Facility
$827,865 $833,775 
(1) SOFR = one-month Adjusted Term SOFR; CDOR = one-month CDOR; CORRA = daily adjusted CORRA. Tranche A-1 and Tranche A-3 SOFR includes an adjustment of 0.10%, in addition to the margin. Tranche A-2 CORRA includes and adjustment of 0.30%, in addition to the margin. Refer to Note 5 - Derivative Financial Instruments for details of the related interest rate swaps.
The following table provides the details of our Senior Unsecured Revolving Credit Facility (in thousands):
June 30, 2024December 31, 2023
Denomination of Draw
Contractual Interest Rate (1)
Borrowing CurrencyCarrying Amount (USD)
Contractual Interest Rate(1)
Borrowing CurrencyCarrying Amount (USD)
U.S. dollar
SOFR + 0.84%
$360,000 $360,000 
SOFR + 0.84%
$34,000 $34,000 
Australian dollar
BBSW + 0.84%
A$197,000 131,523 
BBSW + 0.84%
A$191,000 130,108 
British pound sterling
SONIA + 0.84%
£— — 
SONIA + 0.84%
£78,000 99,302 
Canadian dollar
CORRA + 0.84%
C$35,000 25,601 
CDOR + 0.84%
C$35,000 26,429 
Euro
EURIBOR + 0.84%
€70,500 75,709 
EURIBOR + 0.84%
€67,500 74,513 
New Zealand dollar
BKBM + 0.84%
NZD44,000 26,803 
BKBM + 0.84%
NZD44,000 27,804 
Total Senior Unsecured Revolving Credit Facility
$619,636 $392,156 
(1) SOFR = daily adjusted SOFR; CDOR = one-month CDOR; CORRA = daily adjusted CORRA; EURIBOR = one-month Euro Interbank Offered Rate (EURIBOR); SONIA = Adjusted Sterling Overnight Interbank Average Rate; BBSW = Bank Bill Swap Rate; BKBM = Bank Bill Reference Rate. We have elected Daily SOFR for the entirety of our U.S. dollar denominated borrowings shown above, which includes an adjustment of 0.10%, in addition to the margin. Our British pound sterling borrowings bore interest tied to adjusted SONIA, which included an adjustment of 0.03% in addition to our margin. Our Canadian dollar borrowings bore interest tied to daily adjusted CORRA, which included an adjustment of 0.30% in addition to our margin.
Refer to Note 9 - Debt of the Consolidated Financial Statements in the Company’s 2023 Annual Report on Form 10-K as filed with the SEC for further details of our outstanding indebtedness. As of June 30, 2024, we were in compliance with all debt covenants.