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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt [Abstract]  
Schedule of Outstanding Debt Obligations

December 31,

December 31,

2023

2022

3.875% senior notes, due August 2029(1)

$

495,656

$

494,884

6.750% senior notes, due June 2027(1)

497,210

496,394

Other financing obligations(2)

69,605

28,134

Notes payable

1,062,471

1,019,412

Revolving line of credit

Mortgage repurchase facilities

239,298

197,626

Total debt

$

1,301,769

$

1,217,038

(1) The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes.

(2) As of December 31, 2023, other financing obligations included $24.7 million related to insurance premium notes and certain secured borrowings, as well as $44.9 million outstanding under construction loan agreements. As of December 31, 2022, other financing obligations included $20.7 million related to insurance premium notes and certain secured borrowings, as well as $7.4 million outstanding under construction loan agreements.

Schedule of Aggregate Annual Maturities of Debt

2024

$

264,008

2025

2026

44,895

2027

500,000

2028

Thereafter

500,000

Total

1,308,903

Less: Discount and deferred financing costs, net on senior notes

(7,134)

Carrying amount

$

1,301,769