Quarterly report [Sections 13 or 15(d)]

Mortgage Notes Payable, Credit Facility, and Senior Unsecured Notes - Schedule of Company's Mortgage Notes Payable and Credit Facility (Details)

v3.25.1
Mortgage Notes Payable, Credit Facility, and Senior Unsecured Notes - Schedule of Company's Mortgage Notes Payable and Credit Facility (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
property
mortgage
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]    
Encumbered properties | property 139  
Long-term debt $ 740,746 $ 693,385
Variable rate at period end 4.41%  
Weighted average interest rate on debt outstanding (as a percent) 4.29%  
Mortgage Notes Payable    
Debt Instrument [Line Items]    
Encumbered properties | property 45  
Carrying value $ 269,099  
Premiums and discounts, net (1) (8)
Deferred financing costs, net (1,772) (1,916)
Long-term debt $ 267,326 269,579
Number of mortgage notes payable | mortgage 40  
Weighted average interest rate on debt outstanding (as a percent) 5.28%  
Fixed rate mortgage loans    
Debt Instrument [Line Items]    
Encumbered properties | property 44  
Carrying value $ 261,898 264,243
Fixed rate mortgage loans | Minimum    
Debt Instrument [Line Items]    
Stated interest rate (as a percent) 2.80%  
Fixed rate mortgage loans | Maximum    
Debt Instrument [Line Items]    
Stated interest rate (as a percent) 6.63%  
Variable rate mortgage loans    
Debt Instrument [Line Items]    
Encumbered properties | property 1  
Carrying value $ 7,201 7,260
Stated interest variable rates (as a percent) 2.25%  
Variable rate revolving credit facility | Revolving Credit Facility    
Debt Instrument [Line Items]    
Encumbered properties | property 94  
Carrying value $ 51,300 1,900
Long-term debt $ 51,300 1,900
Stated interest variable rates (as a percent) 1.35%  
Scheduled maturity dates Aug. 18, 2026  
Credit Facility    
Debt Instrument [Line Items]    
Deferred financing costs, net $ (1,879) (2,052)
Long-term debt 348,121 347,948
Variable rate term loan facility A    
Debt Instrument [Line Items]    
Carrying value $ 160,000 160,000
Stated interest variable rates (as a percent) 1.30%  
Scheduled maturity dates Aug. 18, 2027  
Variable rate term loan facility B    
Debt Instrument [Line Items]    
Carrying value $ 40,000 40,000
Stated interest variable rates (as a percent) 1.30%  
Scheduled maturity dates Feb. 11, 2026  
Variable rate term loan facility C    
Debt Instrument [Line Items]    
Carrying value $ 150,000 150,000
Stated interest variable rates (as a percent) 1.30%  
Scheduled maturity dates Feb. 18, 2028  
Senior Notes    
Debt Instrument [Line Items]    
Carrying value $ 75,000 75,000
Deferred financing costs, net (1,001) (1,042)
Long-term debt $ 73,999 $ 73,958