v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Derivative Assets and Liabilities Measured at Fair Value on a Recurring Basis

June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Derivative assets

 

$

 

 

$

15,302

 

 

$

 

 

$

15,302

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$

 

 

$

446

 

 

$

 

 

$

446

 

 

December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Derivative assets

 

$

 

 

$

9,385

 

 

$

 

 

$

9,385

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$

 

 

$

5,055

 

 

$

 

 

$

5,055

 

Schedule of Fair Value of Certain Financial Liabilities

The following table presents the carrying value and fair value of certain financial liabilities that are recorded on our Consolidated Balance Sheets.

Fair Value of Certain Financial Liabilities

 

June 30, 2026

 

 

December 31, 2025

 

(In thousands)

 

Carrying Value(1)

 

 

Fair Value

 

 

Carrying Value(1)

 

 

Fair Value

 

Term loan due November 2026

 

$

100,000

 

 

$

99,969

 

 

$

100,000

 

 

$

100,042

 

Term loan due February 2027

 

 

90,000

 

 

 

89,905

 

 

 

90,000

 

 

 

89,947

 

Term loan due March 2027

 

 

85,000

 

 

 

85,273

 

 

 

85,000

 

 

 

85,550

 

Term loan due February 2028

 

 

90,000

 

 

 

90,259

 

 

 

90,000

 

 

 

90,500

 

Term loan due February 2029

 

 

225,000

 

 

 

224,107

 

 

 

225,000

 

 

 

224,596

 

Term loan due April 2033

 

 

50,000

 

 

 

50,540

 

 

 

 

 

 

 

Senior fixed note due December 2026

 

 

50,000

 

 

 

49,884

 

 

 

50,000

 

 

 

50,057

 

Senior fixed note due June 2027

 

 

75,000

 

 

 

74,794

 

 

 

75,000

 

 

 

75,359

 

Senior fixed note due December 2028

 

 

50,000

 

 

 

49,253

 

 

 

50,000

 

 

 

50,106

 

Senior fixed note due April 2029

 

 

50,000

 

 

 

46,694

 

 

 

50,000

 

 

 

47,160

 

Senior fixed note due June 2029

 

 

50,000

 

 

 

47,038

 

 

 

50,000

 

 

 

47,608

 

Senior fixed note due April 2030

 

 

75,000

 

 

 

69,422

 

 

 

75,000

 

 

 

70,432

 

Senior fixed note due March 2031

 

 

50,000

 

 

 

44,317

 

 

 

50,000

 

 

 

45,070

 

Senior fixed note due April 2031

 

 

50,000

 

 

 

44,852

 

 

 

50,000

 

 

 

45,546

 

Senior fixed note due March 2032

 

 

75,000

 

 

 

66,344

 

 

 

75,000

 

 

 

67,478

 

Senior fixed note due July 2033

 

 

100,000

 

 

 

105,100

 

 

 

100,000

 

 

 

108,230

 

Revolving credit facility due February 2029

 

 

 

 

 

 

 

 

 

 

 

 

(1)
Carrying values exclude deferred financing costs