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v3.25.1

Indebtedness - Additional Information (Details) $ in Thousands | 3 Months Ended |  |  |
--- | --- | --- | --- | ---
Mar. 31, 2025 USD ($) extension | Mar. 18, 2025 USD ($) | Dec. 31, 2024 USD ($) | Jul. 07, 2021 USD ($)
2025 Unsecured Term Loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt Instrument, Face Amount |  |  | $ 200,000 |  |
Maturity Date |  | Mar. 17, 2028 |  |  |
Number of Extensions | extension |  | 2 |  |  |
Extension Period |  | 1 year |  |  |
Debt Instrument, Interest Rate, Increase (Decrease) |  | 0.10% |  |  |
Debt Instrument, Basis Spread |  | 0.85% |  |  |
Interest Rate |  | 1.82% |  |  |
Term Loan Borrowing Capacity |  | $ 460,000 |  |  |
Interest Rate Swap (2021 Swaps) |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Derivative, Notional Amount |  | $ 200,000 |  |  |
Swaps, Average Fixed Interest Rate |  | 0.87% |  |  |
Derivative, Contract End Date |  | Feb. 02, 2026 |  |  |
Unsecured Credit Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Unamortized Debt Issuance Costs |  | $ 9,057 |  | $ 713 |
Maturity Date | [1] | Mar. 16, 2029 |  |  |
Number of Extensions | extension |  | 2 |  |  |
Extension Period |  | 6 months |  |  |
Debt Instrument, Basis Spread |  | 0.775% |  |  |
Interest Rate |  | 5.09% |  |  |
Line of Credit Facility, Current Borrowing Capacity |  |  | $ 850,000 |  | $ 750,000
Line of Credit Facility, Commitment Fee Percentage |  | 0.15% |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 1,000,000 |  |  |
Mortgage Loan Payable |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Net carrying value of industrial properties collateralized by mortgage loan |  | $ 30,022 |  |  |
Maturity Date |  | Aug. 01, 2028 |  |  |
Interest Rate |  | 4.17% |  |  |
[1] | Amounts exclude unamortized debt issuance costs of $9,057 and $713 as of March 31, 2025 and December 31, 2024, respectively, which are included in the line item Prepaid Expenses and Other Assets, Net.

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