| Schedule of Notes Payable |
Long-term debt balances, including associated interest rates and maturities consists of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average
interest rate | | March 31,
2026 | | December 31,
2025 | | Maturity Date | | March 31,
2026 | | December 31, 2025 | | | | Revolving credit facility | 2030 | | 6.0% | | 6.6% | | $ | 270,000 | | | $ | 95,050 | | | Fixed rate mortgage notes payable | 2026 to 2045 | | 4.6% | | 4.6% | | 384,745 | | | 384,764 | | Variable rate mortgage notes payable (1) | 2026 to 2029 | | 6.1% | | 6.3% | | 191,360 | | | 189,611 | | | Term loan facility | 2029 to 2031 | | 5.6% | | N/A | | 550,000 | | | — | | | Bridge facility | 2027 | | 6.5% | | N/A | | 220,000 | | | — | | Notes payable - consolidated VIE | 2026 to 2027 | | 6.4% | | 6.6% | | 19,933 | | | 21,690 | | | Notes payable - insurance | 2026 | | 5.6% | | 5.6% | | 598 | | | 2,004 | | | Total debt | | | | | | | 1,636,636 | | | 693,119 | | | Deferred loan costs, net | | | | | | | 14,279 | | | 3,378 | | | Total debt, net of deferred loan costs | | | | | | | 1,622,357 | | | 689,741 | | | Current portion of debt | | | | | | | 218,673 | | | 7,291 | | | Long-term debt, net | | | | | | | $ | 1,403,684 | | | $ | 682,450 | |
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| Schedule of Aggregate Scheduled Maturities of Notes Payable |
The following schedule summarizes our debt payable as of March 31, 2026 (in thousands): | | | | | | | Principal payments due in: | | | 2026 | $ | 7,173 | | | 2027 | 246,130 | | | 2028 | 134,395 | | | 2029 | 683,562 | | | 2030 | 270,095 | | | Thereafter | 295,281 | | | Total debt, excluding deferred loan costs | $ | 1,636,636 | |
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