Debt (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Maturity Amounts Outstanding Under Credit Agreement and Senior Unsecured Notes

The amounts outstanding under our Credit Facility and our Senior Unsecured Notes are as follows ($ in thousands):


	Maturity Date	Interest Rate	September 30, 2026			December 31, 2025
Credit Facility (a)	January 2029	5.27%	$	200,000		$	250,000
Series D-E Notes	June 2028	5.47%		100,000			100,000
Series F-H, R Notes	September 2029	4.09%		175,000			175,000
Series I-K Notes	November 2030	3.43%		175,000			175,000
Series L-N, S-T Notes	February 2032	4.41%		175,000			175,000
Series O-Q Notes	January 2033	3.65%		125,000			125,000
Series U	January 2036	5.76%		250,000			—
Total debt				1,200,000			1,000,000
Unamortized debt issuance costs, net (b)				(5,621	)		(5,044	)
Total debt, net			$	1,194,379		$	994,956

(a)

The Credit Facility matures in January 2029. Subject to the terms of the Third Restated Credit Agreement and our continued compliance with its provisions, we have the option to extend the term for two six-month periods (for a total of 12 months).

(b)

Unamortized debt issuance costs related to the Credit Facility were $2.7 million and $3.5 million as of September 30, 2026 and December 31, 2025, respectively, and are included in prepaid expenses and other assets on our consolidated balance sheets.

Summary of Scheduled Debt Maturities, Including Balloon Payments

As of September 30, 2026, scheduled debt maturities, including balloon payments, are as follows (in thousands):


	Credit Facility		Senior Unsecured Notes		Total
2026	$	—	$	—	$	—
2027		—		—		—
2028		—		100,000		100,000
2029 (a)		200,000		175,000		375,000
2030		—		175,000		175,000
Thereafter		—		550,000		550,000
Total	$	200,000	$	1,000,000	$	1,200,000

(a)