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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table details the Company’s long-term debt at the respective principal amounts, net of unamortized debt issuance costs on the senior unsecured notes (in thousands):

As of September 30,As of
December 31,
202520242024
Revolving credit facilities:
Revolving unsecured credit facility, maturing 2029 (1)
$575,000 $200,000 $198,000 
Revolving secured credit facility, maturing 2027 (2)
43,886 — — 
Revolving unsecured uncommitted credit facility, maturing 2027 (1)
— — — 
Total revolving credit facilities
618,886 200,000 198,000 
Secured term loans:
Secured term loan, maturing 2027 (2)
26,924 — — 
Secured term loan, maturing 2029 (2)
13,462 — — 
Secured term loan, maturing 2031 (2)
20,193 — — 
Total secured term loans
60,579 — — 
Senior unsecured notes:
4.625% senior unsecured notes due 2028 (3)
496,419 495,304 495,577 
5.625% senior unsecured notes due 2030 (4)
544,905 543,879 544,130 
6.875% senior unsecured notes due 2032 (5)
492,317 491,421 491,639 
Total senior unsecured notes1,533,641 1,530,604 1,531,346 
Total long-term debt$2,213,106 $1,730,604 $1,729,346 

(1)Debt issuance costs related to the Company’s revolving unsecured credit facilities are included in other assets in the accompanying consolidated balance sheets.

(2)Assumed on August 14, 2025 in connection with the H&T Acquisition.

(3)As of September 30, 2025, September 30, 2024 and December 31, 2024, deferred debt issuance costs of $3.6 million, $4.7 million and $4.4 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2028 in the accompanying consolidated balance sheets.

(4)As of September 30, 2025, September 30, 2024 and December 31, 2024, deferred debt issuance costs of $5.1 million, $6.1 million and $5.9 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2030 in the accompanying consolidated balance sheets.
(5)As of September 30, 2025, September 30, 2024 and December 31, 2024, deferred debt issuance costs of $7.7 million, $8.6 million and $8.4 million, respectively, are included as a direct deduction from the carrying amount of the senior unsecured notes due 2032 in the accompanying consolidated balance sheets.