v3.25.2
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Values of Financial Assets Measured at Recurring Basis The fair values of these financial assets and liabilities were determined using the following input levels as of the dates presented:
Net Carrying Value
Fair Value Measurements Using Fair Value Hierarchy
(in thousands)
Fair ValueLevel 1Level 2Level 3
June 30, 2025
Financial (liabilities) assets:
Senior unsecured notes(1)
$(396,681)$(355,712)$(355,712)$— $— 
Interest rate swaps(14,896)(14,896)— (14,896)— 
December 31, 2024
Financial (liabilities) assets:
Senior unsecured notes(1)
$(396,403)$(340,420)$(340,420)$— $— 
Interest rate swaps20,129 20,129 — 20,129 — 
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(1)Carrying value is net of $2.9 million and $3.1 million of net deferred financing costs and $0.5 million and $0.5 million of net discount as of June 30, 2025 and December 31, 2024, respectively.
Schedule of Fair Values of Real Estate Investments Measured at Nonrecurring Basis The fair values of real estate investments that were impaired as of the dates presented were determined using the following input levels.
Net Carrying Value
Fair Value Measurements Using Fair Value Hierarchy
(in thousands)
Fair ValueLevel 1Level 2Level 3
June 30, 2025
Non-financial assets:
Long-lived assets$3,340 $3,340 $— $— $3,340 
December 31, 2024
Non-financial assets:
Long-lived assets$6,612 $6,612 $— $— $6,612 
Schedule of Fair Value Valuation Techniques
Quantitative information about Level 3 fair value measurements as of June 30, 2025 is as follows:
(dollar amounts in thousands)Fair Value Valuation TechniquesSignificant Unobservable Inputs
Non-financial assets:
Long-lived assets:
Pet Care Services$715 Sales comparison approachNon-binding sales agreement$715 
Medical / Dental375 Sales comparison approachNon-binding sales agreement375 
Medical / Dental2,250 Sales comparison approachNon-binding sales agreement2,250