Quarterly report [Sections 13 or 15(d)]

Mortgage Notes Payable, Credit Facility, and Senior Unsecured Notes - Narrative (Details)

v3.25.1
Mortgage Notes Payable, Credit Facility, and Senior Unsecured Notes - Narrative (Details)
3 Months Ended
Dec. 18, 2024
USD ($)
Sep. 27, 2022
USD ($)
Aug. 18, 2022
USD ($)
Mar. 31, 2025
USD ($)
property
mortgage
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Aug. 17, 2022
USD ($)
Debt Instrument [Line Items]              
Number of properties collateralized in mortgage notes payable | property       139      
Payments of deferred financing costs       $ 11,000 $ 0    
Estimated reclassification from AOCI to interest expenses       1,300,000      
Carrying value       740,746,000   $ 693,385,000  
Line of credit outstanding       51,300,000   1,900,000  
Revolving Credit Facility              
Debt Instrument [Line Items]              
Repayments of debt $ 55,000,000            
Line of Credit              
Debt Instrument [Line Items]              
Line of credit outstanding       $ 401,300,000      
Weighted average interest rate       5.72%      
Letters of credit, outstanding       $ 2,100,000      
Maximum additional amount that can be drawn under line of credit       $ 70,100,000      
Letter of Credit              
Debt Instrument [Line Items]              
Weighted average interest rate       1.35%      
Fixed rate mortgage loans              
Debt Instrument [Line Items]              
Number of properties collateralized in mortgage notes payable | property       44      
Payments of deferred financing costs       $ 10,000.00 $ 0    
Mortgage Notes Payable              
Debt Instrument [Line Items]              
Number of mortgage notes payable | mortgage       40      
Number of properties collateralized in mortgage notes payable | property       45      
Net book value of collateralized mortgage properties       $ 428,800,000      
Fair value of mortgage notes payable       255,900,000      
Carrying value       267,326,000   269,579,000  
Revolving Credit Facility              
Debt Instrument [Line Items]              
Maximum borrowing capacity   $ 125,000,000 $ 120,000,000 125,000,000     $ 100,000,000
Variable rate term loan facility A              
Debt Instrument [Line Items]              
Maximum borrowing capacity       160,000,000      
Variable rate term loan facility B              
Debt Instrument [Line Items]              
Maximum borrowing capacity     60,000,000 60,000,000      
Repayments of debt 20,000,000            
Variable rate term loan facility C              
Debt Instrument [Line Items]              
Maximum borrowing capacity   150,000,000 $ 140,000,000 150,000,000      
Debt instrument fees incurred   $ 4,200,000          
Variable rate term loan facility C | Minimum              
Debt Instrument [Line Items]              
Spread on debt   3.15% 1.25%        
Variable rate term loan facility C | Maximum              
Debt Instrument [Line Items]              
Spread on debt   3.75% 1.95%        
Senior Notes | Senior Notes, 2029              
Debt Instrument [Line Items]              
Face amount $ 75,000,000     $ 75,000,000   $ 75,000,000