XML 59 R42.htm IDEA: XBRL DOCUMENT v3.25.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments with Fair Values Different from their Carrying Amount The following are financial instruments for which the Company’s estimates of fair value differ from the carrying amounts (in thousands):
March 31, 2025December 31, 2024
Carrying Amount (a)Fair ValueCarrying Amount (a)Fair Value
Unsecured notes payable$1,540,650 $1,524,665 $1,539,917 $1,537,210 
Variable rate debt431,067 407,769 430,293 403,880 
Fixed rate debt
242,793 235,727 242,605 232,804 
(a)Net of deferred financing costs of $8.9 million and $9.5 million for unsecured notes payable, $0.9 million and $1.1 million for variable rate debt and $2.2 million and $2.4 million for secured fixed rate debt as of March 31, 2025 and December 31, 2024.