Net Debt Level information, organized by date
Empty Heading September 30, December 31,
2026 2025 2024 2023 2022 2021
Revolving credit facility $ 225,000 $ 92,000 $ 40,000 $ 181,000 $ 79,000 $ —
Term loans 161,750 484,750 584,750 964,750 955,000 955,000
Senior unsecured notes due 2031 350,000 350,000 350,000 350,000 350,000 350,000
Senior unsecured notes due 2032 350,000 350,000 — — — —
Senior unsecured notes due 2033 350,000 — — — — —
Senior unsecured notes due 2034 350,000 350,000 350,000 — — —
Senior unsecured notes due 2035 350,000 350,000 350,000 — — —
Secured loan facilities 382,284 395,000 395,000 395,000 395,000 395,000
Mortgages and other 28,493 29,915 67,555 95,677 133,199 213,316
Total Principal Debt 2,547,527 2,401,665 2,137,305 1,986,427 1,912,199 1,913,316
Add: Corporate assets - lease liability - financing 342 480 31 308 585 766
Total debt - gross 2,547,869 2,402,145 2,137,336 1,986,735 1,912,784 1,914,082
Less: Cash and cash equivalents 8,903 3,544 4,881 4,872 5,478 92,585
Total net debt - consolidated 2,538,966 2,398,601 2,132,455 1,981,863 1,907,306 1,821,497
Add: Prorated share from unconsolidated joint ventures 57,865 53,208 28,401 24,156 24,096 26,898
Total net debt $ 2,596,831 $ 2,451,809 $ 2,160,856 $ 2,006,019 $ 1,931,402 $ 1,848,395

*Unaudited, dollars in thousands

 

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