DEBT (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt Instruments

The following table summarizes the balance of the Company’s indebtedness as of March 31, 2025 and December 31, 2024 (dollars in thousands):

	March 31, 2025						December 31, 2024
	Principal Amount		Deferred Loan Fees		Carrying Amount		Principal Amount		Deferred Loan Fees		Carrying Amount
Senior unsecured notes payable	$	400,000	$	(2,851)	$	397,149	$	400,000	$	(3,073)	$	396,927
Unsecured revolving credit facility(1)	425,000		—		425,000		—		—		—
	$	825,000	$	(2,851)	$	822,149	$	400,000	$	(3,073)	$	396,927

(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.