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FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Borrowings

The following is a summary of borrowings as of June 30, 2026 and December 31, 2025 (in thousands):

			June 30, 2026												December 31, 2025
			Carrying Amount(1)						Fair Value						Carrying Amount(1)						Fair Value
Revolving credit facility			$	142,000					$	142,788					$	92,000					$	92,445
Term loans			161,685						162,630						483,415						485,508
Senior unsecured notes due 2031			345,535						311,675						345,157						313,817
Senior unsecured notes due 2032			346,750						353,875						346,529						357,868
Senior unsecured notes due 2033			346,641						343,105						—						—
Senior unsecured notes due 2034			342,902						361,823						342,564						366,377
Senior unsecured notes due 2035			342,462						342,528						342,117						345,356
Secured portfolio loan facilities			393,319						373,010						393,012						370,922
Mortgages(2)			29,461						28,596						30,534						29,621
Total			$	2,450,755					$	2,420,030					$	2,375,328					$	2,361,914

(1)As of June 30, 2026 and December 31, 2025, respectively, carrying amounts include principal balances and: (i) net deferred financing fees of $1.8 million and $3.4 million; (ii) assumed market debt adjustments of $0.2 million and $0.3 million; and (iii) notes payable discounts of $25.7 million and $23.6 million.

(2)Our finance lease liability is included in the mortgages line item, as presented.

Schedule of Recurring and Nonrecurring Fair Value

Fair value measurements that occurred as of and during the six months ended June 30, 2026 and the year ended December 31, 2025 were as follows (in thousands):

			June 30, 2026												December 31, 2025
			Level 1			Level 2			Level 3						Level 1			Level 2			Level 3
Recurring
Marketable securities(1)			$	17,165		$	—		$	—					$	16,355		$	—		$	—
Derivative asset(1)			—			110			—						—			177			—

(1)We record marketable securities and derivative assets in Other Assets, Net on our consolidated balance sheets.

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 103
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-103

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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