v3.25.4
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Liabilities Measured at Fair Value on Recurring Basis
A summary of our financial liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy is as follows (in thousands):
 December 31, 2025December 31, 2024
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Deferred compensation liability$— $3,380 $— $3,380 $— $2,968 $— $2,968 
Interest rate swap asset$— $2,011 $— $2,011 $— $5,215 $— $5,215 
Interest rate swap liability$— $— $— $— $— $— $— $— 
Summary of Carrying Amount and Fair Value of Financial Instruments A summary of the carrying amount and fair value of our financial instruments, all of which are based on Level 2 inputs, is as follows (in thousands):
 December 31, 2025December 31, 2024
 Carrying ValueFair ValueCarrying ValueFair Value
Secured notes payable$74,849 $74,728 $74,759 $74,231 
Unsecured term loan$99,869 $100,000 $324,739 $325,000 
Unsecured senior guaranteed notes$499,437 $483,339 $599,172 $571,543 
Senior unsecured notes, net$1,013,455 $989,549 $1,011,845 $959,234