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Subsequent Events
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In April 2025, the Company refinanced the $200 Million Term Loan Maturing 2026 to upsize the term loan to $300.0 million and extend the initial maturity to April 2028, with two additional one-year extension options at the Company's discretion, subject to certain conditions. Borrowings under the term loan bear interest at a variable rate under the same pricing grid as the $200 Million Term Loan Maturing 2026. The Company paid approximately $1.9 million in lender fees and legal costs related to the financing. In April 2025, the Company utilized the incremental $100.0 million in proceeds to pay off the full outstanding balance on the Revolver.

In April 2025, the Company satisfied the requirements to exercise the final one-year extension options on $181.0 million in mortgage loans to extend the maturities to April 2026.

On April 25, 2025, the Company's board of trustees approved the 2025 Share Repurchase Program to acquire up to an
aggregate of $250.0 million of common and preferred shares from May 9, 2025 to May 8, 2026.