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v3.25.1

UNSECURED LINE OF CREDIT PAYABLE - Narrative (Details) - Revolving Credit Facility | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2025 USD ($) | Dec. 31, 2024 USD ($) extension_option
Line of Credit Facility [Line Items] |  |
Revolving credit facility, current borrowing capacity | $ 500,000,000 | $ 500,000,000
Accordion feature, higher borrowing capacity option |  | $ 1,000,000,000
Debt instrument term (in years) |  | 4 years
Number of extensions allowed | extension_option |  | 2
Term of allowable extension (in months) |  | 6 months
Debt instrument, adjustment rate | 0.10% |
Basis spread on variable rate (percent) |  | 0.85%
Facility fee (percent) |  | 0.20%
Credit agreement, aggregate maximum borrowing capacity including accordion feature |  | $ 500,000,000
Variable Rate Component Two |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) | 0.85% |
Facility fee (percent) | 0.20% |
Minimum |  |
Line of Credit Facility [Line Items] |  |
Facility fee (percent) |  | 0.10%
Maximum |  |
Line of Credit Facility [Line Items] |  |
Facility fee (percent) |  | 0.30%
Adjusted Daily Simple Secured Overnight Financing Rate |  |
Line of Credit Facility [Line Items] |  |
Debt instrument, adjustment rate |  | 0.10%
Debt instrument base rate spread on variable rate (percent) |  | 1.00%
Adjusted Daily Simple Secured Overnight Financing Rate | Minimum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 0.70%
Adjusted Daily Simple Secured Overnight Financing Rate | Maximum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 1.40%
Term Secured Overnight Financing Rate |  |
Line of Credit Facility [Line Items] |  |
Debt instrument, adjustment rate |  | 0.10%
Term Secured Overnight Financing Rate | Minimum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 0.70%
Term Secured Overnight Financing Rate | Maximum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 1.40%
Base Rate | Minimum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 0.00%
Base Rate | Maximum |  |
Line of Credit Facility [Line Items] |  |
Basis spread on variable rate (percent) |  | 0.40%
Federal Funds Rate | Unsecured Line of Credit Payable |  |
Line of Credit Facility [Line Items] |  |
Debt instrument base rate spread on variable rate (percent) |  | 0.50%

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