DEBT, NET (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our debt, net is summarized as follows:

	March 31, 2023				December 31, 2022
	Outstanding Borrowings		Stated Interest Rate	Maturity Date	Outstanding Borrowings
Loans payable
Revolving Credit Facility (1)	$	75,000	(i) Base Rate + 1.75%; or (ii) Adjusted Term SOFR Rate + 2.75%	9/20/25	$	150,000
Total loans payable	75,000				150,000
Bonds payable
Senior Notes due 2025 (2)	652,794		6.50%	10/1/25	653,036
Senior Notes due 2027	400,000		9.75%	8/1/27	400,000
Senior Notes due 2028 (3)	1,002,006		5.50%	5/1/28	1,002,091
Total bonds payable	2,054,800				2,055,127
Debt	2,129,800				2,205,127
Less: Debt issuance costs	(27,893)				(29,400)
Total debt, net	$	2,101,907			$	2,175,727
Total debt due within one year	$	—			$	—

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(1) Requires a quarterly commitment fee at a rate of 0.50% on the average daily unused portion, as well as customary letter of credit fees and agency fees.

(2) Includes an unamortized discount of $1,207 and $1,318 at March 31, 2023 and December 31, 2022, respectively, and an unamortized premium of $4,001 and $4,354 at March 31, 2023 and December 31, 2022, respectively.

(3) Includes an unamortized premium of $2,006 and $2,091 at March 31, 2023 and December 31, 2022, respectively.