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Debt Guaranteed by the Company
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Debt Guaranteed by the Company Debt Guaranteed by the Company
All of the Company’s debt is incurred by the Operating Partnership and its consolidated subsidiaries.

The Company guarantees the Operating Partnership’s obligations with respect to its unsecured lines of credit, which have a total borrowing capacity of $620.0 million, of which $560.0 million remains available as of September 30, 2025. The Company also guarantees the Operating Partnership’s $325.0 million unsecured term loan.

The Operating Partnership had the following principal amounts outstanding on the debt guaranteed by the Company (in thousands):
As of
September 30, 2025December 31, 2024
Unsecured lines of credit$60,000 $— 
Unsecured term loan$325,000 $325,000