v3.26.1
Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Obligations Debt obligations as of June 30, 2026 and December 31, 2025 were as follows:

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2026

 

 

2025

 

Revolving Credit Facility maturing on March 25, 2030

 

$

 

485,000

 

 

$

 

110,000

 

DDTL Credit Facility maturing on March 25, 2030

 

 

 

 

 

 

 

 

6.375% senior notes due 2030

 

 

 

1,250,000

 

 

 

 

1,250,000

 

6.250% senior notes due 2032

 

 

 

750,000

 

 

 

 

750,000

 

Purchase money mortgages

 

 

 

33,000

 

 

 

 

33,000

 

Total debt obligations

 

$

 

2,518,000

 

 

$

 

2,143,000

 

Debt issuance costs (1)

 

 

 

(39,268

)

 

 

 

(30,938

)

Total debt obligations, net

 

$

 

2,478,732

 

 

$

 

2,112,062

 

 

Debt issuance costs for the Senior Notes and DDTL Credit Facility, net of accumulated amortization.