v3.25.2
FAIR VALUE MEASUREMENT (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Changes in Fair Value by Balance Sheet Grouping
The following table presents the input level used to determine the fair values of our financial instruments measured at fair value on a recurring basis:
Fair Value as of
LevelJune 30, 2025December 31, 2024
Assets:
Interest rate swap instruments2$757 $5,096 
Liabilities:
Interest rate swap instruments2$278 $— 
Make-whole provisions214,992 15,574 
Contingent consideration3— 1,614 
Total liabilities$15,270 $17,188 
Summary of Changes in Fair Value of Contingent Liabilities Classified as Level 3
The following table sets forth a summary of changes in the fair value of contingent consideration liability classified as level 3:
Fair Value as of
June 30, 2025December 31, 2024
Contingent consideration liability balance at the beginning of period$1,614 $1,465 
Changes in fair value included in earnings71 149 
Payment of contingent consideration(1,685)— 
Contingent consideration liability balance at the end of period$— $1,614 
Summary of Fair Value and Carrying Value of Long-Term Debt
The following table sets forth the fair value and the carrying value of our long-term debt, excluding financing leases:
As of June 30, 2025As of December 31, 2024
Fair ValueCarrying ValueFair ValueCarrying Value
Long-term debt (Level 2) $1,801,014 $1,809,748 $1,618,208 $1,620,359