XML 58 R47.htm IDEA: XBRL DOCUMENT

FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Financial Instruments [Abstract]

Schedule of Financial Instruments

At June 30, 2025 and December 31, 2024, the net carrying amounts and fair values of our other financial instruments were as follows:


		June 30, 2025						December 31, 2024
		Carrying			Fair			Carrying			Fair
		Amount			Value			Amount			Value

		(in thousands)
Assets:
Investments in direct financing leases – net		$	—		$	—		$	9,453		$	9,453
Real estate loans receivable – net			1,416,820			1,440,769			1,428,298			1,447,262
Non-real estate loans receivable – net			333,340			338,042			332,274			340,025
Total		$	1,750,160		$	1,778,811		$	1,770,025		$	1,796,740
Liabilities:
Revolving Credit Facility		$	—		$	—		$	—		$	—
2026 mortgage loan			260,942			263,816			243,310			247,063
2025 term loan			428,234			428,500			427,044			428,500
OP Term Loan			—			—			49,966			50,000
4.50% notes due 2025 – net			—			—			399,968			399,856
5.25% notes due 2026 – net			599,611			600,294			599,259			600,714
4.50% notes due 2027 – net			697,499			701,393			696,766			691,040
4.75% notes due 2028 – net			547,437			552,354			546,933			542,553
3.63% notes due 2029 – net			494,912			475,960			494,308			461,180
5.20% notes due 2030 – net			589,138			603,366			—			—
3.38% notes due 2031 – net			689,857			640,549			688,962			620,809
3.25% notes due 2033 – net			692,803			604,282			692,343			585,389
Total		$	5,000,433		$	4,870,514		$	4,838,859		$	4,627,104