FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of interest rate swap derivatives fair value

Information regarding the Company's interest rate swaps measured at fair value, which are classified within Level 2 of the GAAP fair value hierarchy, is presented below (dollars in thousands):

	Interest Rate Swaps Designated as Cash Flow Hedges
Fair value at December 31, 2022	$	50,983
(Gains) and losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive income (loss)	(35,716)
Unrealized gains and realized (losses) on interest rate swaps and forward starting swaps included in accumulated other comprehensive income	10,893
Fair value at December 31, 2023	$	26,160
Fair value at December 31, 2023	$	26,160
(Gains) and losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive income (loss)	(31,943)
Unrealized gains (losses) and realized (losses) on interest rate swaps and forward starting swaps included in accumulated other comprehensive income (loss)	27,908
Fair value at December 31, 2024	$	22,125

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The following table presents the carrying value and estimated fair value of our fixed rate private placement notes and mortgages (dollars in thousands):

	Carrying Value(1)				Fair Value
	December 31, 2024		December 31, 2023		December 31, 2024		December 31, 2023
Liabilities
Private Placement Notes	$	1,950,000	$	1,600,000	$	1,774,291	$	1,417,147
Mortgage Notes	200,793		222,757		190,966		211,480

(1) Carrying value represents the principal balance outstanding