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v3.24.3

Debt Obligations - Schedule of Debt Obligations (Details) - USD ($) $ in Thousands | 9 Months Ended |  |
--- | --- | --- | ---
Sep. 30, 2024 | May 31, 2024 | Dec. 31, 2023
Debt Instrument [Line Items] |  |  |
Finance lease liability | $ 98 |  | $ 308
Discount on notes payable | (22,708) |  | (6,302)
Assumed market debt adjustments, net | (154) |  | (858)
Deferred financing expenses, net | (6,353) |  | (10,303)
Total | $ 2,104,788 |  | $ 1,969,272
Weighted-average interest rate on debt (as a percent) | 4.40% |  | 4.20%
Revolving credit facility |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit - interest spread | 0.90% |  |
Outstanding principal balance | $ 36,000 |  | $ 181,000
Term loans |  |  |
Debt Instrument [Line Items] |  |  |
Outstanding principal balance | $ 584,750 | $ 240,000 | 964,750
Term loans | Minimum |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 3.80% |  |
Term loans | Maximum |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 6.20% |  |
Senior notes | Senior unsecured notes due 2031 |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 2.625% |  |
Outstanding principal balance | $ 350,000 |  | 350,000
Senior notes | Senior unsecured notes due 2034 |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 5.75% |  |
Outstanding principal balance | $ 350,000 |  | 0
Senior notes | Senior unsecured notes due 2035 |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 4.95% |  |
Outstanding principal balance | $ 350,000 |  | 0
Secured loan facilities | Secured loan facilities |  |  |
Debt Instrument [Line Items] |  |  |
Outstanding principal balance | $ 395,000 |  | 395,000
Secured loan facilities | Minimum | Secured loan facilities |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 3.40% |  |
Secured loan facilities | Maximum | Secured loan facilities |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 3.50% |  |
Mortgages |  |  |
Debt Instrument [Line Items] |  |  |
Outstanding principal balance | $ 68,155 |  | $ 95,677
Mortgages | Minimum |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 3.50% |  |
Mortgages | Maximum |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | 6.20% |  |

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