Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Debt Instrument Redemption

he Company may redeem all or a part of the 2028 Notes at any time or from time to time at the following redemption prices (expressed as percentages of the principal amount) plus accrued and unpaid interest, if any, to the applicable redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:

Year	Redemption Price
2025	103.438%
2026	101.719%
2027 and thereafter	100.000%

On or after April 15, 2027, the Company may redeem all or a part of the 2032 Notes at any time or from time to time at the following redemption prices (expressed as percentages of the principal amount) plus accrued and unpaid interest, if any, to the applicable redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:

Year	Redemption Price
2027	103.250%
2028	101.625%
2029 and thereafter	100.000%

On or after April 15, 2028, the Company may redeem all or a part of the 2033 Notes at any time or from time to time at the following redemption prices (expressed as percentages of the principal amount) plus accrued and unpaid interest, if any, to the applicable redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:

Year	Redemption Price
2028	103.125%
2029	101.563%
2030 and thereafter	100.000%

Components of Debt

The components of debt, including the effects of issuance costs and discounts, net as of December 31, 2025 and 2024, are set forth below (in thousands).

	December 31,
	2025		2024
Revolving credit agreements:
Credit Agreement due 2029	$	398,000	$	595,500
San Mateo Credit Facility due 2029	883,000		615,000
Senior unsecured notes:
6.875% senior notes due 2028 (the “2028 Notes”)	500,000		500,000
6.500% senior notes due 2032 (the “2032 Notes”)	900,000		900,000
6.250% senior notes due 2033 (the “2033 Notes”)	750,000		750,000
Issuance costs and discounts, net	(28,898)		(35,092)
Total senior unsecured notes payable	2,121,102		2,114,908
Total long-term debt	$	3,402,102	$	3,325,408