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Note 5 - Indebtedness (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]

Consolidated Debt:

 

Outstanding Principal

 

 

Unamortized Debt Issuance Costs

 

 

Unamortized Loan (Discount)/Premiums

 

 

Carrying Amount

 

 

Type

 

Weighted Average Contractual Rate (2)

 

 

Weighted Average Effective Rate (3)

 

 

Weighted Average Maturity (in years)

 

Unsecured revolver (1)

 

$ 269,372

 

 

$ (3,809 )

 

$

 

 

$ 265,563

 

 

Floating

 

 

4.4 %

 

 

4.8 %

 

 

2.5

 

Unsecured term loans

 

 

750,000

 

 

 

(3,579 )

 

 

 

 

 

746,421

 

 

Floating

 

 

4.5 %

 

 

4.0 %

 

 

2.5

 

Secured credit facilities

 

 

577,953

 

 

 

(1,303 )

 

 

9,684

 

 

 

586,334

 

 

Fixed

 

 

4.2 %

 

 

4.4 %

 

 

2.4

 

Mortgages

 

 

690,224

 

 

 

(2,310 )

 

 

8,129

 

 

 

696,043

 

 

Fixed

 

 

3.9 %

 

 

4.0 %

 

 

3.0

 

Unsecured notes

 

 

150,000

 

 

 

(978 )

 

 

 

 

 

149,022

 

 

Fixed

 

 

5.4 %

 

 

5.6 %

 

 

6.8

 

Total Consolidated Debt

 

$ 2,437,549

 

 

$ (11,979 )

 

$ 17,813

 

 

$ 2,443,383

 

 

 

 

 

4.3 %

 

 

4.3 %

 

 

2.9

 

Consolidated Debt:

 

Outstanding Principal

 

 

Unamortized Debt Issuance Costs

 

 

Unamortized Loan (Discount)/Premiums

 

 

Carrying Amount

 

 

Type

 

Weighted Average Contractual Rate (2)

 

 

Weighted Average Effective Rate (3)

 

 

Weighted Average Maturity (in years)

 

Unsecured revolver (1)

 

$ 198,892

 

 

$ (4,535 )

 

$

 

 

$ 194,357

 

 

Floating

 

 

4.5 %

 

 

4.8 %

 

 

3.0

 

Unsecured term loans

 

 

600,000

 

 

 

(1,142 )

 

 

 

 

 

598,858

 

 

Floating

 

 

4.6 %

 

 

4.0 %

 

 

1.5

 

Secured credit facilities

 

 

582,535

 

 

 

(1,525 )

 

 

12,157

 

 

 

593,167

 

 

Fixed

 

 

4.2 %

 

 

4.4 %

 

 

2.9

 

Mortgages

 

 

739,596

 

 

 

(2,741 )

 

 

9,693

 

 

 

746,548

 

 

Fixed

 

 

3.9 %

 

 

4.0 %

 

 

3.3

 

Unsecured notes

 

 

150,000

 

 

 

(1,455 )

 

 

 

 

 

148,545

 

 

Fixed

 

 

5.4 %

 

 

5.6 %

 

 

7.3

 

Total Consolidated Debt

 

$ 2,271,023

 

 

$ (11,398 )

 

$ 21,850

 

 

$ 2,281,475

 

 

 

 

 

4.3 %

 

 

4.3 %

 

 

3.0

 

Schedule of Maturities of Long-Term Debt [Table Text Block]

 

 

Scheduled maturities on our consolidated indebtedness outstanding as of June 30, 2026

 

Consolidated Debt:

 

2026

 

 

2027

 

 

2028

 

 

2029

 

 

2030

 

 

Thereafter

 

Unsecured revolver

 

$

 

 

$

 

 

$

 

 

$ 269,372

 

 

$

 

 

$

 

Unsecured term loans

 

 

 

 

 

 

 

 

400,000

 

 

 

 

 

 

350,000

 

 

 

 

Secured credit facilities

 

 

5,293

 

 

 

10,081

 

 

 

453,353

 

 

 

2,669

 

 

 

106,557

 

 

 

 

Mortgages

 

 

78,263

 

 

 

11,281

 

 

 

125,842

 

 

 

415,336

 

 

 

 

 

 

59,502

 

Unsecured notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

150,000

 

Total

 

$ 83,556

 

 

$ 21,362

 

 

$ 979,195

 

 

$ 687,377

 

 

$ 456,557

 

 

$ 209,502