DEBT (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt Instruments

The following table summarizes the balance of the Company’s indebtedness as of December 31, 2024 and 2023 (dollars in thousands):

	December 31, 2024						December 31, 2023
	Principal		Deferred		Carrying		Principal		Deferred		Carrying
	Amount		Loan Fees		Amount		Amount		Loan Fees		Amount
Senior unsecured notes payable	$	400,000	$	(3,073)	$	396,927	$	400,000	$	(3,961)	$	396,039
Senior unsecured term loan	—		—		—		200,000		(441)		199,559
Unsecured revolving credit facility(1)	—		—		—		—		—		—
	$	400,000	$	(3,073)	$	396,927	$	600,000	$	(4,402)	$	595,598

(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, 2024, the Company’s debt maturities were (dollars in thousands):  

Year	Amount
2025	$	—
2026	—
2027	—
2028	400,000
2029	—
Thereafter	—
	$	400,000