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DEBT (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of outstanding indebtedness
Debt, net of debt issuance costs, is as follows (in thousands):

 June 30, 2022December 31, 2021
Revolving debt$125,000 $68,500 
Term loans910,000 562,000 
Convertible notes287,500 287,500 
Mortgage loans214,582 163,315 
 1,537,082 1,081,315 
Unamortized debt issuance costs(13,552)(11,518)
Debt, net of debt issuance costs$1,523,530 $1,069,797 
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, 2022PercentageDecember 31, 2021Percentage
Fixed-rate debt¹$847,258 55%$842,858 78%
Variable-rate debt689,824 45%238,457 22%
$1,537,082 $1,081,315 

¹ Debt related our wholly-owned properties coupled with our pro rata share of debt related to our our joint ventures results in fixed-rate debt of approximately 70% when including the effect of interest rate swaps.
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, 2022December 31, 2021 
 Carrying
Value		Fair ValueCarrying
Value		Fair ValueValuation Technique
Convertible notes$287,500 $245,525 $287,500 $300,384 Level 1 - Market approach
Fixed-rate mortgage loans159,758 158,798 155,358 155,765 Level 2 - Market approach
$447,258 $404,323 $442,858 $456,149