Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table sets forth our assets and liabilities that are measured at fair value within the fair value hierarchy (in thousands):

			Level 1		Level 2		Level 3
			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
	Total
Fair value as of December 31, 2023:
Asset:
Interest rate swaps (prepaids and other assets)	2,708		—		2,708		—
Total assets	$	2,708	$	—	$	2,708	$	—
Liabilities:
Interest rate swaps (other liabilities)	$	(3,018)	$	—	$	(3,018)	$	—
Total liabilities	$	(3,018)	$	—	$	(3,018)	$	—

			Level 1		Level 2		Level 3
			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
	Total
Fair value as of December 31, 2022:
Assets:
Interest rate swaps (prepaids and other assets)	14,118		—		14,118		—
Total assets	$	14,118	$	—	$	14,118	$	—
Liabilities:
Interest rate swaps (other liabilities)	$	—	$	—	$	—	$	—
Total liabilities	$	—	$	—	$	—	$	—

Fair Value Measurements, Nonrecurring

The following table sets forth our assets that are measured at fair value on a nonrecurring basis within the fair value hierarchy (in thousands):

			Level 1		Level 2		Level 3
			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs		Significant Unobservable Inputs
	Total
Fair value as of December 31, 2023:
Asset:
Long-lived assets	$	—	$	—	$	—	$	—
Fair value as of December 31, 2022:
Asset:
Long-lived assets	$	—	$	—	$	—	$	—
Fair value as of December 31, 2021:
Asset:
Long-lived assets	$	29,460	$	—	$	—	$	29,460

Fair Value Measurement Inputs and Valuation Techniques

The table below summarizes the terminal capitalization rate and discount rate used:

	December 31, 2021
Terminal capitalization rate	8.3
Discount rate	9.3

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The estimated fair value and recorded value of our debt as of December 31, 2023 and 2022 were as follows (in thousands):

	2023		2022
Level 1 Quoted Prices in Active Markets for Identical Assets or Liabilities	$	—	$	—
Level 2 Significant Observable Inputs	918,091		876,542
Level 3 Significant Unobservable Inputs	401,609		391,820
Total fair value of debt	$	1,319,700	$	1,268,362
Recorded value of debt	$	1,439,203	$	1,428,494