XML 31 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Financial Instruments and Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value The following table presents information about the Company’s financial assets and liabilities and indicates the fair value hierarchy of the valuation techniques used by the Company to determine such fair value (in millions):

 

 

 

 

 

Fair Value Measurements

 

 

 

 

Assets (Liabilities):

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

March 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Financial Instruments

 

$

 

 

$

9.7

 

 

$

 

 

$

9.7

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Financial Instruments

 

$

 

 

$

11.1

 

 

$

 

 

$

11.1

 

Schedule of Carrying Values Different from Estimated Fair Values

Carrying values that are different from estimated fair values are summarized as follows (in thousands):

 

March 31, 2024

 

 

December 31, 2023

 

 

Carrying
Amount

 

 

Fair
Value

 

 

Carrying
Amount

 

 

Fair
Value

 

Senior Notes

$

1,242,191

 

 

$

1,227,547

 

 

$

1,303,243

 

 

$

1,278,186

 

Revolving Credit Facility and term loan

 

198,940

 

 

 

200,000

 

 

 

198,856

 

 

 

200,000

 

Mortgage Indebtedness

 

124,100

 

 

 

127,189

 

 

 

124,176

 

 

 

127,749

 

 

$

1,565,231

 

 

$

1,554,736

 

 

$

1,626,275

 

 

$

1,605,935