DEBT, NET (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our debt, net is summarized as follows:

	September 30, 2024				December 31, 2023
	Outstanding Borrowings		Stated Interest Rate	Maturity Date	Outstanding Borrowings
Loans payable
Revolving Credit Facility (1)	$	150,000	(i) Base Rate + 1.75%; or (ii) Adjusted Term SOFR Rate + 2.75%	5/22/27	$	—
Total loans payable	150,000				—
Bonds payable
Senior Notes due 2025 (2)	—		6.50%	10/1/25	652,043
Senior Notes due 2027	130,500		9.75%	8/1/27	400,000
Senior Notes due 2028 (3)	1,001,475		5.50%	5/1/28	1,001,746
Senior Notes due 2030 (4)	496,976		7.88%	12/1/30	496,704
Senior Notes due 2031	700,000		7.00%	5/1/31	—
Senior Notes due 2032	800,000		7.00%	6/15/32	—
Total bonds payable	3,128,951				2,550,493
Debt	3,278,951				2,550,493
Less: Debt issuance costs	(60,608)				(33,150)
Total debt, net	$	3,218,343			$	2,517,343
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 $866 at December 31, 2023 and an unamortized premium of $2,908 at December 31, 2023.

(3) Includes an unamortized premium of $1,475 and $1,746 at September 30, 2024 and December 31, 2023, respectively.

(4) Includes unamortized discount of $3,024 and $3,296 at September 30, 2024 and December 31, 2023, respectively.