v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Instruments [Abstract]  
Schedule of Long-term Debt Instruments

Our debt obligations consisted of the following as of June 30, 2026 and December 31, 2025:

 

 

June 30, 2026

 

 

 

December 31, 2025

 

 

Facility

 

Face Amount

 

 

Carrying Value

 

 

 

Face Amount

 

 

Carrying Value

 

 

Credit Facility

 

$

552,109

 

 

$

547,093

 

(1)

 

$

505,386

 

 

$

499,287

 

(1)

SPV Credit Facility

 

 

124,050

 

 

 

123,272

 

(2)

 

 

165,050

 

 

 

163,975

 

(2)

2026 Unsecured Notes

 

 

75,000

 

 

 

74,937

 

(3)

 

 

75,000

 

 

 

74,870

 

(3)

2027 Unsecured Notes

 

 

50,000

 

 

 

49,998

 

(4)

 

 

50,000

 

 

 

49,991

 

(4)

2027 Series F Unsecured Notes

 

 

135,000

 

 

 

134,997

 

(5)

 

 

135,000

 

 

 

134,993

 

(5)

2027 Series G Unsecured Notes

 

 

49,000

 

 

 

48,945

 

(6)

 

 

49,000

 

 

 

48,925

 

(6)

2028 Series H Unsecured Notes

 

 

50,000

 

 

 

49,957

 

(7)

 

 

50,000

 

 

 

49,944

 

(7)

2028 Series I Unsecured Notes

 

 

50,000

 

 

 

49,946

 

(8)

 

 

50,000

 

 

 

49,933

 

(8)

2028 Series J Unsecured Notes

 

 

75,000

 

 

 

74,541

 

(9)

 

 

75,000

 

 

 

74,436

 

(9)

 

$

1,160,159

 

 

$

1,153,686

 

 

 

$

1,154,436

 

 

$

1,146,354

 

 

 

(1)
Carrying Value equals the Face Amount net of unamortized debt issuance costs of $5,016 and $6,099 as of June 30, 2026 and December 31, 2025, respectively.
(2)
Carrying Value equals the Face Amount net of unamortized debt issuance costs/market discount of $778 and $1,075 as of June 30, 2026 and December 31, 2025, respectively.
(3)
Carrying Value equals the Face Amount net of unamortized market discount of $63 and $130 as of June 30, 2026 and December 31, 2025, respectively.
(4)
Carrying Value equals the Face Amount net of unamortized market discount of $2 and $9 as of June 30, 2026 and December 31, 2025, respectively.
(5)
Carrying Value equals the Face Amount net of unamortized debt issuance costs of $3 and $7 as of June 30, 2026 and December 31, 2025, respectively.
(6)
Carrying Value equals the Face Amount net of unamortized debt issuance costs of $55 and $75 as of June 30, 2026 and December 31, 2025, respectively.

(7) Carrying Value equals the Face Amount net of unamortized debt issuance costs of $43 and $56 as of June 30, 2026 and

December 31, 2025, respectively.

(8) Carrying Value equals the Face Amount net of unamortized debt issuance costs of $54 and $67 as of June 30, 2026 and

December 31, 2025, respectively.

(9) Carrying Value equals the Face Amount net of unamortized debt issuance costs of $459 and $564 as of June 30, 2026 and

December 31, 2025, respectively.