FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Swap Derivatives Measured at 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):

				Fair Value
	Number of Contracts	Notional Amount		Other Assets, net		Interest Rate Swap Liabilities
As of December 31, 2025
Interest Rate Swaps	10	$	860,000	$	6,237	$	4,052
As of December 31, 2024
Interest Rate Swaps	12	$	1,085,000	$	22,596	$	471

The following table presents the effect of our derivative instruments on our consolidated financial statements (dollars in thousands):

	Interest Rate Swaps Designated as Cash Flow Hedges
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 and realized (losses) on interest rate swaps and forward starting swaps included in accumulated other comprehensive income	27,908
Fair value at December 31, 2024	$	22,125
Fair value at December 31, 2024	$	22,125
(Gains) and losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive income (loss)	(10,807)
Unrealized gains (losses) and realized (losses) on interest rate swaps and forward starting swaps included in accumulated other comprehensive income (loss)	(9,133)
Fair value at December 31, 2025	$	2,185

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, 2025		December 31, 2024		December 31, 2025		December 31, 2024
Liabilities
Private Placement Notes	$	1,950,000	$	1,950,000	$	1,865,064	$	1,774,291
Mortgage Notes	198,608		200,793		195,239		190,966

(1) Carrying value represents the principal balance outstanding