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v3.25.1

Notes and Bonds Payable (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | The table below details the Company’s notes and bonds payable as of March 31, 2025 and December 31, 2024.
| MATURITY DATE | BALANCE 1 AS OF | EFFECTIVE INTEREST RATE as of 3/31/2025
Dollars in thousands | 3/31/2025 | 12/31/2024
$1.5 billion Unsecured Credit Facility 2 | 10/25 | $ | 94,000 |  | $ | — |  | 5.27 | %
$200 million Unsecured Term Loan 3 | 5/25 | 174,958 |  | 199,896 |  | 5.37 | %
$300 million Unsecured Term Loan 4 | 10/25 | 289,987 |  | 299,981 |  | 5.37 | %
$150 million Unsecured Term Loan | 6/26 | 149,827 |  | 149,790 |  | 5.37 | %
$200 million Unsecured Term Loan | 7/27 | 199,676 |  | 199,641 |  | 5.37 | %
$300 million Unsecured Term Loan | 1/28 | 298,812 |  | 298,708 |  | 5.37 | %
Senior Notes due 2025 | 5/25 | 249,967 |  | 249,868 |  | 4.12 | %
Senior Notes due 2026 | 8/26 | 588,837 |  | 586,824 |  | 4.94 | %
Senior Notes due 2027 | 7/27 | 489,231 |  | 488,104 |  | 4.76 | %
Senior Notes due 2028 | 1/28 | 298,183 |  | 298,029 |  | 3.85 | %
Senior Notes due 2030 | 2/30 | 588,763 |  | 586,028 |  | 5.30 | %
Senior Notes due 2030 | 3/30 | 297,294 |  | 297,190 |  | 2.72 | %
Senior Notes due 2031 | 3/31 | 296,472 |  | 296,343 |  | 2.25 | %
Senior Notes due 2031 | 3/31 | 671,804 |  | 667,233 |  | 5.13 | %
Mortgage notes payable | 12/25-12/26 | 44,807 |  | 45,136 |  | 3.57% - 6.88%
|  | $ | 4,732,618 |  | $ | 4,662,771 |  |
1 Balance is presented net of discounts and issuance costs and inclusive of premiums, where applicable. 2 As of March 31, 2025, the Company had $1.4 billion available to be drawn on its $1.5 billion Unsecured Credit Facility. 3 In January 2025, the Company repaid $25 million of the $200 million Unsecured term Loan. 4In January 2025, the Company repaid $10 million of the $300 million Unsecured term Loan.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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