v3.26.1
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2026
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,
202620252025
Revolving credit facilities:
Revolving unsecured credit facility, maturing 2029 (1)
$69,000 $152,000 $559,000 
Revolving secured credit facility, maturing 2027 (2)
— — 54,476 
Revolving unsecured uncommitted credit facility, maturing 2027 (1)
— — — 
Total revolving credit facilities
69,000 152,000 613,476 
Secured term loans:
Secured term loan, maturing 2027 (2)
— — 26,902 
Secured term loan, maturing 2029 (2)
— — 13,451 
Secured term loan, maturing 2031 (2)
— — 20,177 
Total secured term loans
— — 60,530 
Senior unsecured notes:
4.625% senior unsecured notes due 2028 (3)
497,292 496,135 496,706 
5.625% senior unsecured notes due 2030 (4)
545,714 544,643 545,171 
6.875% senior unsecured notes due 2032 (5)
493,032 492,087 492,551 
6.125% senior unsecured notes due 2034 (6)
741,001 — — 
Total senior unsecured notes2,277,039 1,532,865 1,534,428 
Total long-term debt$2,346,039 $1,684,865 $2,208,434 

(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)Assumed on August 14, 2025 in connection with the H&T Acquisition and repaid and terminated during the three months ended June 30, 2026.

(3)As of June 30, 2026, June 30, 2025 and December 31, 2025, deferred debt issuance costs of $2.7 million, $3.9 million and $3.3 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.

(4)As of June 30, 2026, June 30, 2025 and December 31, 2025, deferred debt issuance costs of $4.3 million, $5.4 million and $4.8 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.

(5)As of June 30, 2026, June 30, 2025 and December 31, 2025, deferred debt issuance costs of $7.0 million, $7.9 million and $7.4 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.
(6)As of June 30, 2026, deferred debt issuance costs of $9.0 million are included as a direct deduction from the carrying amount of the senior unsecured notes due 2034 in the accompanying consolidated balance sheets.