v3.25.4
UNSECURED DEBT (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 1,615,000 $ 1,510,000  
Unsecured debt, net of debt issuance costs 1,611,026 1,507,157  
Proceeds from unsecured debt 250,000 0 $ 100,000
Fiscal year maturity of unsecured debt [Abstract]      
Total unsecured debt, before amortization of debt issuance costs 1,615,000    
Unsecured Debt [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [1] 1,615,000 1,510,000  
Unamortized debt issuance costs 3,974 2,843  
Unsecured debt, net of debt issuance costs 1,611,026 1,507,157  
Fiscal year maturity of unsecured debt [Abstract]      
2026 140,000    
2027 175,000    
2028 160,000    
2029 155,000    
2030 300,000    
Thereafter 685,000    
$65 million term loan (repaid in 2023)      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross     $ 65,000
Effective interest rate     2.31%
$50 million senior unsecured notes (repaid in 2023)      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross     $ 50,000
Debt Instrument, Fixed Interest Rate     3.80%
$50 million term loan (matured 3/18/25) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2] $ 0 50,000  
Debt instrument, margin [2] 1.10%    
Effective interest rate [2] 1.58%    
Debt Instrument, Maturity Date [2] Mar. 18, 2025    
$20 million senior unsecured notes (matured 8/28/25) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 0 20,000  
Effective interest rate 3.80%    
Debt Instrument, Maturity Date Aug. 28, 2025    
$25 million senior unsecured notes (matured 10/1/25) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 0 25,000  
Effective interest rate 3.97%    
Debt Instrument, Maturity Date Oct. 01, 2025    
$50 million senior unsecured notes (matured 10/7/25) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 0 50,000  
Effective interest rate 3.99%    
Debt Instrument, Maturity Date Oct. 07, 2025    
$100 million term loan (matures 10/10/26) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2],[3] $ 100,000 100,000  
Debt instrument, margin [2],[3] 0.84%    
Effective interest rate [2],[3] 1.98%    
Debt Instrument, Maturity Date [2],[3] Oct. 10, 2026    
$40 million senior unsecured notes (matures 12/15/26) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 40,000 40,000  
Effective interest rate 3.75%    
Debt Instrument, Maturity Date Dec. 15, 2026    
$100 million term loan (matures 3/25/27) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2],[3] $ 100,000 100,000  
Debt instrument, margin [2],[3] 0.85%    
Effective interest rate [2],[3] 1.70%    
Debt Instrument, Maturity Date [2],[3] Mar. 25, 2027    
$ 75 million term loan (matures 8/31/27) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2],[3] $ 75,000 75,000  
Debt instrument, margin [2],[3] 0.84%    
Effective interest rate [2],[3] 3.89%    
Debt Instrument, Maturity Date [2],[3] Aug. 31, 2027    
$60 million senior unsecured notes (matures 4/10/28) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 60,000 60,000  
Effective interest rate 3.93%    
Debt Instrument, Maturity Date Apr. 10, 2028    
$100 million term loan (matures 9/29/28) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2],[3] $ 100,000 100,000  
Debt instrument, margin [2],[3] 0.85%    
Effective interest rate [2],[3] 2.51%    
Debt Instrument, Maturity Date [2],[3] Sep. 29, 2028    
Reduction in interest rate, basis points     45
$80 million senior unsecured notes (matures 3/28/29) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 80,000 80,000  
Effective interest rate 4.27%    
Debt Instrument, Maturity Date Mar. 28, 2029    
$75 million senior unsecured notes (matures 8/19/29) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 75,000 75,000  
Effective interest rate 3.47%    
Debt Instrument, Maturity Date Aug. 19, 2029    
$100 million term loan (matures 1/13/30, adjusted for extension options)      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2],[3],[4] $ 100,000 100,000  
Debt instrument, margin [2],[3],[4] 0.95%    
Effective interest rate 4.87% [2],[3],[4]   5.27%
Debt Instrument, Maturity Date [2],[3],[4] Jan. 13, 2030    
Reduction in interest rate, basis points 30    
Debt Instrument, Maturity Date, Length of term The loan, which previously had five years remaining, was modified to a three year maturity with two one-year extension options, at the Company's election.    
Debt Instrument, Total effectively fixed interest rate with margin 4.97%    
$100 million term loan (matures 4/30/30) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2] $ 100,000 0  
Debt instrument, margin [2] 0.85%    
Effective interest rate [2] 4.11%    
Debt Instrument, Maturity Date [2] Apr. 30, 2030    
Debt Instrument, Maturity Date, Length of term 4.5 years    
$100 million senior unsecured notes (matures 10/14/30) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 100,000 100,000  
Effective interest rate 2.61%    
Debt Instrument, Maturity Date Oct. 14, 2030    
$150 million term loan (matures 3/14/31)      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross [2] $ 150,000 0  
Debt instrument, margin [2] 0.85%    
Effective interest rate [2] 4.15%    
Debt Instrument, Maturity Date [2] Mar. 14, 2031    
Debt Instrument, Maturity Date, Length of term 5.5 years    
$125 million senior unsecured notes (matures 6/10/31) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 125,000 125,000  
Effective interest rate 2.74%    
Debt Instrument, Maturity Date Jun. 10, 2031    
$35 million senior unsecured notes (matures 8/15/31) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 35,000 35,000  
Effective interest rate 3.54%    
Debt Instrument, Maturity Date Aug. 15, 2031    
$150 million senior unsecured notes (matures 4/20/32) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 150,000 150,000  
Effective interest rate 3.03%    
Debt Instrument, Maturity Date Apr. 20, 2032    
$75 million senior unsecured notes (matures 10/14/32) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 75,000 75,000  
Effective interest rate 2.71%    
Debt Instrument, Maturity Date Oct. 14, 2032    
$75 million senior unsecured notes (matures 10/12/33)      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 75,000 75,000  
Effective interest rate 4.90%    
Debt Instrument, Maturity Date Oct. 12, 2033    
$75 million senior unsecured notes (matures 10/12/34) [Member]      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 75,000 75,000  
Effective interest rate 4.95%    
Debt Instrument, Maturity Date Oct. 12, 2034    
Senior unsecured term loans repaid during the period      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross $ 75,000 $ 50,000  
Effective interest rate   4.08%  
Senior unsecured notes repaid during the period      
Unsecured Debt [Line Items]      
Long-Term Debt, Gross   $ 120,000  
Effective interest rate   3.47%  
[1] These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps.
[2] The interest rates on these unsecured term loans are comprised of either Term or Daily SOFR plus a margin which is subject to a pricing grid for changes in the Company’s coverage ratings. The Company entered into interest rate swap agreements (further described in Note 12) to convert the loans’ Term or Daily SOFR rates to effectively fixed interest rates. The interest rates in the table above are the effectively fixed interest rates for the loans, including the effects of the interest rate swaps, as of December 31, 2025.
[3] These term loans were refinanced effective November 19, 2025 to remove the SOFR adjustment, decreasing the credit spread by 10 basis points, which is reflected in the margins and effectively fixed rate noted above.
[4] This term loan was refinanced effective January 9, 2025. It now carries a maturity date of January 13, 2028, with two one-year extension options available at the Company's election, which extends the maturity to January 13, 2030. Further detail is provided below.