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DEBT (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of outstanding indebtedness
Debt, net of debt issuance costs, is as follows (in thousands):
 June 30, 2020December 31, 2019
Revolving debt$286,500  $140,000  
Term loans725,000  725,000  
Mortgage loans155,868  157,726  
 1,167,368  1,022,726  
Unamortized debt issuance costs(7,969) (6,563) 
Debt, net of debt issuance costs$1,159,399  $1,016,163  
Schedule of fixed-rate and variable-rate debt, after giving effect to interest rate derivative Our total fixed-rate and variable-rate debt, after considering our interest rate derivative agreements that are currently effective, is as follows (in thousands):
 
 June 30, 2020PercentageDecember 31, 2019Percentage
Fixed-rate debt$547,511  47%$549,236  54%
Variable-rate debt619,857  53%473,490  46%
$1,167,368  $1,022,726  
Schedule of the fair value of fixed-rate that is debt not recorded at fair value
Information about the fair value of our fixed-rate debt that is not recorded at fair value is as follows (in thousands):
 
 June 30, 2020December 31, 2019 
 Carrying
Value
Fair ValueCarrying
Value
Fair ValueValuation Technique
Fixed-rate debt$147,511  $144,674  $149,236  $151,268  Level 2 - Market approach