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DEBT (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Outstanding Indebtedness
Debt, net of debt issuance costs, is as follows (in thousands):

 September 30, 2022December 31, 2021
Revolving debt$125,000 $68,500 
Term loans910,000 562,000 
Convertible notes287,500 287,500 
Mortgage loans158,647 163,315 
 1,481,147 1,081,315 
Unamortized debt issuance costs(12,806)(11,518)
Debt, net of debt issuance costs$1,468,341 $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):
 
 September 30, 2022PercentageDecember 31, 2021Percentage
Fixed-rate debt (1)
$791,389 53%$842,858 78%
Variable-rate debt689,758 47%238,457 22%
$1,481,147 $1,081,315 

(1) At September 30, 2022, debt related to our wholly-owned properties coupled with our pro rata share of joint venture debt results in fixed-rate debt ratio of approximately 67% of our total pro rata indebtedness when including the effect of interest rate swaps.
Schedule of 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):
 
 September 30, 2022December 31, 2021 
 Carrying
Value		Fair ValueCarrying
Value		Fair ValueValuation Technique
Convertible notes$287,500 $241,616 $287,500 $300,384 Level 1 - Market approach
Fixed-rate mortgage loans103,890 91,476 155,358 155,765 Level 2 - Market approach
$391,390 $333,092 $442,858 $456,149