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Fair Value Measurements and Disclosures
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements and Disclosures Fair Value Measurements and Disclosures
Assets and Liabilities Reported at Fair Value

The only assets we record at fair value on a recurring basis in our consolidated financial statements are the marketable securities related to our Deferred Compensation Plan. The following table sets forth the fair value of our Deferred Compensation Plan assets as of March 31, 2025 and December 31, 2024:
Fair Value (Level 1) (1)
March 31, 2025December 31, 2024
Description(in thousands)
Deferred Compensation Plan assets (2)
$29,187 $27,965 
________________________
(1)    Based on quoted prices in active markets for identical securities.
(2)    The Deferred Compensation Plan assets are held in a limited rabbi trust.

Financial Instruments Disclosed at Fair Value

The following table sets forth the carrying value and the fair value of our other financial instruments as of March 31, 2025 and December 31, 2024:
March 31, 2025December 31, 2024
Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
(in thousands)
Liabilities
Secured debt, net $596,806 $579,826 $598,199 $569,061 
Unsecured debt, net $4,001,036 $3,715,703 $3,999,566 $3,681,914 
Fair value is calculated using Level 2 inputs, which are based on model-derived valuations in which significant inputs and significant value drivers are observable in active markets.