v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
Debt consisted of the following:
June 30, 2026December 31, 2025
(in thousands)
$400 million senior unsecured notes due 2029 ("2019 Senior Notes") with an effective interest rate of 3.88%, less a discount and deferred issuance costs of $2.1 million and $2.4 million at June 30, 2026 and December 31, 2025, respectively
$397,944 $397,643 
$450 million senior unsecured notes due 2031 ("2020 Senior Notes") with an effective interest rate of 3.86%, less a discount and deferred issuance costs of $2.8 million and $3.1 million at June 30, 2026 and December 31, 2025, respectively
447,215 446,910 
$600 million senior unsecured notes due 2034 ("2024 Senior Notes") with an effective interest rate of 6.11%, less a discount and deferred issuance costs of $9.5 million and $10.1 million at June 30, 2026 and December 31, 2025, respectively
590,523 589,936 
$1 billion senior unsecured revolving credit facility due 2029 with an effective interest rate of 4.92%, less deferred issuance costs of $2.4 million and $2.8 million at June 30, 2026 and December 31, 2025, respectively
564,807 469,783 
Economic development loans with an effective interest rate of 3.00% at June 30, 2026 and December 31, 2025
1,850 1,850 
Total long-term debt
$2,002,339 $1,906,122