Annual report [Section 13 and 15(d), not S-K Item 405]

Fair Value (Tables)

v3.25.0.1
Fair Value (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents carrying values, excluding any discounts or deferred loan costs, and estimated fair values of financial instruments:
December 31, 2024 December 31, 2023
Hierarchy Carrying Fair Value Carrying Fair Value
(dollars in thousands)
Liabilities:
Line of credit facility (1)
Level 2 199,000  199,000  315,000  315,000 
11.0% Senior Notes Level 2 250,000  261,250  250,000  257,500 
8.875% Senior Notes Level 2 300,000  298,125  —  — 
(1)     Carrying amount approximates fair value due to the variable interest rate terms of these loans. Carrying value excludes any associated deferred loan costs.