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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2024
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):
 March 31, 2024December 31, 2023
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Deferred compensation liability$— $2,622 $— $2,622 $— $2,627 $— $2,627 
Interest rate swap asset$— $9,355 $— $9,355 $— $7,963 $— $7,963 
Interest rate swap liability$— $— $— $— $— $— $— $— 
Summary of Carrying Amount and Fair Value of Financial Instruments A summary of the carrying amount and fair value of our secured financial instruments, all of which are based on Level 2 inputs, is as follows (in thousands):  
 March 31, 2024December 31, 2023
 Carrying ValueFair ValueCarrying ValueFair Value
Secured notes payable, net$74,691 $74,115 $74,669 $74,804 
Unsecured term loans, net$323,781 $325,000 $323,491 $325,000 
Unsecured senior guaranteed notes, net$798,875 $769,152 $798,772 $770,998 
Senior unsecured notes, net$492,952 $406,635 $492,694 $405,860