Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The carrying values of cash and cash equivalents, restricted cash, accounts receivable, other assets and accounts payable and accrued expenses are reasonable estimates of fair values because of the short maturities of these instruments. The table below presents our assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 and 2023, aggregated by the level in the fair value hierarchy within which those measurements fall (amounts in thousands):

	As of December 31, 2024
Balance Sheet Line Item	Level 1		Level 2		Level 3
Interest rate swaps - Asset	$	—	$	717	$	—

	As of December 31, 2023
Balance Sheet Line Item	Level 1		Level 2		Level 3
Interest rate swaps - Asset	$	—	$	1,994	$	—

Schedule of aggregate principal outstanding under the Company's indebtedness and the corresponding estimate of fair value

The following table summarizes the aggregate principal outstanding under the Company's indebtedness and the corresponding estimate of fair value as of December 31, 2024 and 2023:

	December 31, 2024				December 31, 2023
Financial liabilities	Carrying Amount (1)		Fair Value (2)		Carrying Amount (1)		Fair Value (2)
Revolving credit facility	$	274,550	$	274,550	$	79,000	$	79,000
2016 Term loan facility	$	100,000	$	100,000	$	100,000	$	100,000
2018 Term loan facility	$	174,500	$	174,500	$	200,000	$	200,000
Notes payable	$	900,000	$	825,395	$	700,000	$	607,046
Mortgages payable	$	156,298	$	147,634	$	220,597	$	208,743

(1)The carrying amount consists of principal only.

(2)We deem the fair value measurement of the financial liability instrument a Level 3 measurement.