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Notes and Bonds Payable (Tables)
 3 Months Ended
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 thousands3/31/202512/31/2024
$1.5 billion Unsecured Credit Facility 2
10/25$94,000 $— 5.27 %
$200 million Unsecured Term Loan 3
5/25174,958 199,896 5.37 %
$300 million Unsecured Term Loan 4
10/25289,987 299,981 5.37 %
$150 million Unsecured Term Loan
6/26149,827 149,790 5.37 %
$200 million Unsecured Term Loan
7/27199,676 199,641 5.37 %
$300 million Unsecured Term Loan
1/28298,812 298,708 5.37 %
Senior Notes due 20255/25249,967 249,868 4.12 %
Senior Notes due 2026
8/26588,837 586,824 4.94 %
Senior Notes due 2027 7/27489,231 488,104 4.76 %
Senior Notes due 20281/28298,183 298,029 3.85 %
Senior Notes due 2030 2/30588,763 586,028 5.30 %
Senior Notes due 20303/30297,294 297,190 2.72 %
Senior Notes due 2031 3/31296,472 296,343 2.25 %
Senior Notes due 2031 3/31671,804 667,233 5.13 %
Mortgage notes payable
12/25-12/2644,807 45,136 
3.57% - 6.88%
$4,732,618 $4,662,771 
1Balance is presented net of discounts and issuance costs and inclusive of premiums, where applicable.
2As of March 31, 2025, the Company had $1.4 billion available to be drawn on its $1.5 billion Unsecured Credit Facility.
3In 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.