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v3.25.2

Fair Value Measurements (Details) $ in Thousands | Jun. 30, 2025 USD ($) | Dec. 31, 2024 USD ($)
--- | --- | ---
Fair value measurements |  |
Mortgage loans receivable, net of credit loss reserve | $ 353,253 | $ 312,583
Notes receivable, net of credit loss reserve | 43,694 | 47,240
Term loans, net of debt issue costs | 696,457 | 684,600
Senior unsecured notes, net of debt issue costs | $ 428,024 | $ 440,442
Level 3 | Senior Unsecured Notes maturing before 2030 | Discount Rate |  |
Fair value measurements |  |
Future cash outflows discount rate (as a percent) | 0.058 | 0.0625
Level 3 | Senior Unsecured Notes maturing 2030 and after | Discount Rate |  |
Fair value measurements |  |
Future cash outflows discount rate (as a percent) | 0.06 | 0.065
Level 3 | Financing receivables | Discount Rate |  |
Fair value measurements |  |
Future cash inflows discount rate (as a percent) | 0.076 | 0.077
Level 3 | Mortgage Loans Receivable | Discount Rate |  |
Fair value measurements |  |
Future cash inflows discount rate (as a percent) | 0.095 | 0.10
Level 3 | Notes Receivable | Discount Rate |  |
Fair value measurements |  |
Future cash inflows discount rate (as a percent) | 0.081 | 0.076
Carrying Value |  |
Fair value measurements |  |
Mortgage loans receivable, net of credit loss reserve | $ 353,253 | $ 312,583
Revolving line of credit | 168,550 | 144,350
Term loans, net of debt issue costs | 99,883 | 99,808
Senior unsecured notes, net of debt issue costs | 428,024 | 440,442
Carrying Value | Financing receivables |  |
Fair value measurements |  |
Notes receivable, net of credit loss reserve | 357,824 | 357,867
Carrying Value | Notes Receivable |  |
Fair value measurements |  |
Notes receivable, net of credit loss reserve | 43,694 | 47,240
Fair Value |  |
Fair value measurements |  |
Revolving line of credit | 168,550 | 144,350
Term loans, net of debt issue costs | 100,000 | 100,000
Fair Value | Financing receivables |  |
Fair value measurements |  |
Notes receivable, net of credit loss reserve | 364,596 | 363,228
Fair Value | Level 3 |  |
Fair value measurements |  |
Mortgage loans receivable, net of credit loss reserve | 423,947 | 386,871
Senior unsecured notes, net of debt issue costs | 400,459 | 402,394
Fair Value | Level 3 | Notes Receivable |  |
Fair value measurements |  |
Notes receivable, net of credit loss reserve | $ 50,455 | $ 53,549

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