v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt [Abstract]  
Schedule of Outstanding Debt Obligations

June 30,

December 31,

2025

2024

6.750% senior notes, due June 2027(1)

$

498,435

$

498,027

3.875% senior notes, due August 2029(1)

496,814

496,428

Other financing obligations(2)

139,953

113,454

Notes payable

1,135,202

1,107,909

Revolving line of credit

270,000

135,500

Mortgage repurchase facilities

181,440

232,804

Total debt

$

1,586,642

$

1,476,213

(1)The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest expense over the respective terms of the senior notes.

(2)As of June 30, 2025, other financing obligations included $12.3 million related to certain secured borrowings as well as $127.7 million outstanding under construction loan agreements related to Century Living. As of December 31, 2024, other financing obligations included $11.0 million related to insurance premium notes and certain secured borrowings, as well as $102.4 million outstanding under construction loan agreements.