Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

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

The following table sets forth our assets and liabilities that are measured at fair value within the fair value hierarchy (in thousands):

			Level 1		Level 2		Level 3
			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
	Total
Fair value as of September 30, 2025:
Assets:
Interest rate swaps (prepaids and other assets)	$	322	—		$	322	$	—
Total assets	$	322	$	—	$	322	$	—
Liabilities:
Interest rate swaps (other liabilities)	$	(2,285)	$	—	$	(2,285)	$	—
Total liabilities	$	(2,285)	$	—	$	(2,285)	$	—

			Level 1		Level 2		Level 3
			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
	Total
Fair value as of December 31, 2024:
Asset:
Interest rate swaps (prepaids and other assets)	$	1,288	$	—	$	1,288	$	—
Total assets	$	1,288	$	—	$	1,288	$	—
Liabilities:
Interest rate swaps (other liabilities)	$	(968)	$	—	$	(968)	$	—
Total liabilities	$	(968)	$	—	$	(968)	$	—

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The estimated fair value within the fair value hierarchy and recorded value of our debt consisting of senior unsecured notes, unsecured term loans, secured mortgages and unsecured lines of credit were as follows (in thousands):

	September 30, 2025		December 31, 2024
Level 1 Quoted Prices in Active Markets for Identical Assets or Liabilities	$	—	$	—
Level 2 Significant Observable Inputs	1,001,902		961,783
Level 3 Significant Unobservable Inputs	568,931		387,048
Total fair value of debt	$	1,570,833	$	1,348,831
Recorded value of debt	$	1,613,012	$	1,423,759