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v3.25.1

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Narrative (Details) | 3 Months Ended
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Mar. 31, 2025 USD ($) derivative | Mar. 31, 2024 USD ($) derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Unrealized (loss) gain on derivative instruments | $ (500,000) | $ 500,000
Amount of gain expected to be reclassified from other comprehensive income (loss) into earnings | $ 20,400,000 |
Interest Rate Swaps | Not Designated as Hedging Instrument |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Number of instruments | derivative | 1 |
Weighted average interest rate (as a percentage) | 0.60% |
Notional value | $ 26,700,000 |
Interest Rate Swaps | Not Designated as Hedging Instrument | Cash Flow Hedging |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Unrealized (loss) gain on derivative instruments | (500,000) | 300,000
Realized gains | $ 300,000 | $ 400,000
Interest Rate Swaps | Designated as Hedging Instrument | Cash Flow Hedging |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Number of instruments | derivative | 26 | 35
Notional value | $ 867,500,000 | $ 941,900,000
Weighted average interest rate (as a percentage) | 1.24% | 1.22%
4.00% Senior Notes | Senior Notes |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Debt issued | $ 750,000,000 |
Interest rate (as a percentage) | 4.00% |
6.375% Senior Notes | Senior Notes |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |  |
Debt issued | $ 500,000,000 |
Interest rate (as a percentage) | 6.375% |

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