XML 51 R36.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Fair Value (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The fair value of the Company's debt was as follows (in thousands):
| December 31, 2023 |  | December 31, 2022
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Senior Notes, net | $ | 991,672 |  |  | $ | 928,750 |  |  | $ | 989,307 |  |  | $ | 853,895 |
Revolver and Term Loans, net | 821,443 |  |  | 817,960 |  |  | 820,536 |  |  | 812,604 |
Mortgage loans, net | 407,663 |  |  | 394,458 |  |  | 407,712 |  |  | 388,839 |
Debt, net | $ | 2,220,778 |  |  | $ | 2,141,168 |  |  | $ | 2,217,555 |  |  | $ | 2,055,338 |
Schedule of fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis | The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 (in thousands):
| Fair Value at December 31, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Interest rate swap asset | $ | — |  |  | $ | 25,419 |  |  | $ | — |  |  | $ | 25,419 |
Interest rate swap liability | $ | — |  |  | $ | (590) |  |  | $ | — |  |  | $ | (590) |
Total | $ | — |  |  | $ | 24,829 |  |  | $ | — |  |  | $ | 24,829 |
The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 (in thousands):
| Fair Value at December 31, 2022
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Interest rate swap asset | $ | — |  |  | $ | 44,688 |  |  | $ | — |  |  | $ | 44,688 |
Total | $ | — |  |  | $ | 44,688 |  |  | $ | — |  |  | $ | 44,688 |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -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 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration