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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Financial Instruments Measured based on Level Two Inputs
The carrying amounts and fair values of the Company’s financial instruments as of December 31, 2024 and 2023 were as follows (in thousands):
 December 31, 
 20242023
 Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Indebtedness, net(a)
$1,303,650 $1,288,014 $1,407,323 $1,389,296 
Notes receivable, net132,565 132,565 94,172 94,172 
Interest rate swap and cap assets15,861 15,861 28,862 28,862 
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(a) Excludes $8.1 million and $10.4 million of deferred financing costs as of December 31, 2024 and 2023, respectively.