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BORROWINGS (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowings Outstanding
The Company had the following borrowings outstanding as of March 31, 2025 and December 31, 2024: 
Issuance Date
($ in thousands)		Maturity Date
Interest Rate as of March 31, 2025
March 31, 2025December 31, 2024
Credit Facility:
February 21, 2019 November 5, 20295.898%$497,268 $438,590 
Total Credit Facility$497,268 $438,590 
Notes:
September 24, 2020 - August 2025 NotesAugust 4, 20254.660%$25,000 $25,000 
September 29, 2020 - August 2025 NotesAugust 4, 20254.660%25,000 25,000 
November 5, 2020 - Series B NotesNovember 4, 20254.250%62,500 62,500 
November 5, 2020 - Series C NotesNovember 4, 20274.750%112,500 112,500 
February 25, 2021 Series D NotesFebruary 26, 20263.410%80,000 80,000 
February 25, 2021 Series E NotesFebruary 26, 20284.060%70,000 70,000 
November 23, 2021 - November 2026 NotesNovember 23, 20263.300%350,000 350,000 
February 12, 2024 - February 2029 Notes (1)February 15, 20297.000%301,313 295,604 
(Less: Deferred financing fees)(8,032)(8,773)
Total Notes$1,018,281 $1,011,831 
(1) Inclusive of change in fair market value of effective hedge.
The Company’s summary information of its borrowings were as follows:
 
Three Months Ended
Three Months Ended
($ in thousands)March 31, 2025March 31, 2024
Combined weighted average interest rate(1)
5.207 %5.625 %
Combined weighted average debt outstanding$1,435,143 $1,444,687 
(1) Excludes unused commitment fees and amortization of financing costs. Inclusive of effective interest rate swaps and hedged items.