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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt Instruments
The following table summarizes the balance of the Company’s indebtedness as of December 31, 2023 and 2022 (dollars in thousands):
December 31, 2023December 31, 2022
PrincipalDeferredCarryingPrincipalDeferredCarrying
AmountLoan FeesAmountAmountLoan FeesAmount
Senior unsecured notes payable$400,000 $(3,961)$396,039 $400,000 $(4,850)$395,150 
Senior unsecured term loan200,000 (441)199,559 200,000 (652)199,348 
Unsecured revolving credit facility(1)
— — — 125,000 — 125,000 
$600,000 $(4,402)$595,598 $725,000 $(5,502)$719,498 
(1)Deferred financing fees are included in deferred financing costs, net on the balance sheet, and not reflected as a reduction to the unsecured revolving credit facility.
Schedule of Debt Maturities
As of December 31, 2023, the Company’s debt maturities were (dollars in thousands):  
Year
Amount
2024$— 
2025— 
2026200,000 
2027— 
2028400,000 
Thereafter— 
 $600,000