v3.25.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table details the Company’s long-term debt at the respective principal amounts, net of unamortized debt issuance costs on the senior unsecured notes (in thousands):

As of June 30,As of
December 31,
202520242024
Revolving unsecured credit facilities:
Revolving unsecured credit facility, maturing 2029 (1)
$152,000 $150,000 $198,000 
Revolving unsecured uncommitted credit facility, maturing 2027 (1)
 — — 
Total revolving unsecured credit facilities
152,000 150,000 198,000 
Senior unsecured notes:
4.625% senior unsecured notes due 2028 (2)
496,135 495,031 495,577 
5.625% senior unsecured notes due 2030 (3)
544,643 543,632 544,130 
6.875% senior unsecured notes due 2032 (4)
492,087 491,207 491,639 
Total senior unsecured notes1,532,865 1,529,870 1,531,346 
Total long-term debt$1,684,865 $1,679,870 $1,729,346 

(1)Debt issuance costs related to the Company’s revolving unsecured credit facilities are included in other assets in the accompanying consolidated balance sheets.

(2)As of June 30, 2025, June 30, 2024 and December 31, 2024, deferred debt issuance costs of $3.9 million, $5.0 million and $4.4 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2028 in the accompanying consolidated balance sheets.

(3)As of June 30, 2025, June 30, 2024 and December 31, 2024, deferred debt issuance costs of $5.4 million, $6.4 million and $5.9 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2030 in the accompanying consolidated balance sheets.
(4)As of June 30, 2025, June 30, 2024 and December 31, 2024, deferred debt issuance costs of $7.9 million, $8.8 million and $8.4 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2032 in the accompanying consolidated balance sheets.