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v3.25.2

Debt - Senior Unsecured Notes (Details) - USD ($) $ in Thousands | 1 Months Ended | 6 Months Ended |
--- | --- | --- | ---
May 31, 2025 | May 31, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Total principal |  |  | $ 3,250,399 |  |
Proceeds from senior unsecured notes |  |  | 397,188 | $ 444,722 |
Payments of senior unsecured notes |  |  | 50,000 |  |
Senior Unsecured Debt |  |  |  |  |
Total principal |  |  | 2,610,000 |  | $ 2,260,000
Unamortized debt issuance costs and assumed debt discounts, net |  |  | (27,108) |  | (22,241)
Long-Term Debt |  |  | $ 2,582,892 |  | 2,237,759
Senior Unsecured Debt | 2025 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.16% |  |
Coupon Rate |  |  | 4.16% |  |
Total principal |  |  |  |  | 50,000
Payments of senior unsecured notes | $ 50,000 |  |  |  |
Senior Unsecured Debt | 2027 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.26% |  |
Coupon Rate |  |  | 4.26% |  |
Total principal |  |  | $ 50,000 |  | 50,000
Senior Unsecured Debt | 2028 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.42% |  |
Coupon Rate |  |  | 4.42% |  |
Total principal |  |  | $ 60,000 |  | 60,000
Senior Unsecured Debt | 2028 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 2.11% |  |
Coupon Rate |  |  | 2.00% |  |
Total principal |  |  | $ 350,000 |  | 350,000
Senior Unsecured Debt | 2029 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.19% |  |
Coupon Rate |  |  | 4.19% |  |
Total principal |  |  | $ 100,000 |  | 100,000
Senior Unsecured Debt | 2030 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.32% |  |
Coupon Rate |  |  | 4.32% |  |
Total principal |  |  | $ 125,000 |  | 125,000
Senior Unsecured Debt | 2030 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 3.49% |  |
Coupon Rate |  |  | 2.90% |  |
Total principal |  |  | $ 350,000 |  | 350,000
Senior Unsecured Debt | 2031 Senior Unsecured Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 4.42% |  |
Coupon Rate |  |  | 4.47% |  |
Total principal |  |  | $ 125,000 |  | 125,000
Senior Unsecured Debt | 2032 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 3.96% |  |
Coupon Rate |  |  | 4.80% |  |
Total principal |  |  | $ 300,000 |  | 300,000
Senior Unsecured Debt | 2033 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 2.13% |  |
Coupon Rate |  |  | 2.60% |  |
Total principal |  |  | $ 300,000 |  | 300,000
Senior Unsecured Debt | 2034 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 5.65% |  |
Coupon Rate |  |  | 5.63% |  |
Total principal |  |  | $ 450,000 |  | $ 450,000
Proceeds from Derivative Instrument, Financing Activities |  | $ 4,400 |  |  |
Senior Unsecured Debt | 2035 Senior Unsecured Public Notes [Member] |  |  |  |  |
All-in Interest Rate |  |  | 5.35% |  |
Coupon Rate | 5.60% |  | 5.60% |  |
Total principal |  |  | $ 400,000 |  |
Debt instrument, face amount | $ 400,000 |  |  |  |
Percentage of public offering price of the principal amount | 99.297% |  |  |  |
Proceeds from senior unsecured notes | $ 397,200 |  |  |  |
Senior Unsecured Debt | 2035 Senior Unsecured Public Notes [Member] | Interest Rate Swap Agreements During August and September 2024 and March 2025 |  |  |  |  |
Nominal amount of derivative terminated | 325,000 |  |  |  |
Proceeds from Derivative Instrument, Financing Activities | $ 13,600 |  |  |  |

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