Quarterly report pursuant to Section 13 or 15(d)

Mortgage Notes Payable and Credit Facility - Additional Information (Details)

v3.23.3
Mortgage Notes Payable and Credit Facility - Additional Information (Details)
3 Months Ended 9 Months Ended
Sep. 27, 2022
USD ($)
Aug. 18, 2022
USD ($)
Sep. 30, 2023
USD ($)
mortgage
property
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
mortgage
property
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Aug. 17, 2022
USD ($)
Debt Instrument [Line Items]                
Number of properties collateralized in mortgage notes payable | property     131   131      
Payments of deferred financing costs         $ 375,000 $ 5,202,000    
Estimated reclassification from AOCI to interest expenses         6,900,000      
Carrying value     $ 749,009,000   749,009,000   $ 749,206,000  
Line of credit outstanding     $ 70,950,000   $ 70,950,000   23,250,000  
Weighted average interest rate on debt outstanding     4.20%   4.20%      
Line of Credit                
Debt Instrument [Line Items]                
Line of credit outstanding     $ 441,000,000   $ 441,000,000      
Weighted average interest rate     6.77%   6.77%      
Letters of credit, outstanding     $ 2,900,000   $ 2,900,000      
Weighted average interest rate on debt outstanding     1.50%   1.50%      
Maximum additional amount that can be drawn under line of credit     $ 44,900,000   $ 44,900,000      
Fixed rate mortgage loans                
Debt Instrument [Line Items]                
Number of properties collateralized in mortgage notes payable | property     49   49      
Payments of deferred financing costs     $ 300,000 $ 5,600,000 $ 400,000 $ 6,200,000    
Mortgage notes payable                
Debt Instrument [Line Items]                
Number of mortgage notes payable | mortgage     43   43      
Number of properties collateralized in mortgage notes payable | property     49   49      
Net book value of collateralized mortgage properties     $ 496,500,000   $ 496,500,000      
Fair value of mortgage notes payable     273,200,000   273,200,000      
Carrying value     $ 310,974,000   $ 310,974,000   $ 359,389,000  
Weighted average interest rate on debt outstanding     5.70%   5.70%      
Revolving Credit Facility                
Debt Instrument [Line Items]                
Maximum borrowing capacity $ 125,000,000 $ 120,000,000 $ 125,000,000   $ 125,000,000     $ 100,000,000
Variable rate term loan facility A                
Debt Instrument [Line Items]                
Maximum borrowing capacity     160,000,000   160,000,000      
Variable rate term loan facility B                
Debt Instrument [Line Items]                
Maximum borrowing capacity   60,000,000 60,000,000   60,000,000      
Variable rate term loan facility C                
Debt Instrument [Line Items]                
Maximum borrowing capacity 150,000,000 $ 140,000,000 $ 150,000,000   $ 150,000,000      
Debt instrument fees incurred $ 4,200,000              
Variable rate term loan facility C | Minimum | SOFR                
Debt Instrument [Line Items]                
Spread on debt 3.15% 1.25%            
Variable rate term loan facility C | Maximum | SOFR                
Debt Instrument [Line Items]                
Spread on debt 3.75% 1.95%