Notes Payable and Revolving Credit Facility (Details) - USD ($) $ in Thousands |
1 Months Ended | 12 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 25, 2017 |
Mar. 03, 2017 |
Sep. 30, 2017 |
Dec. 02, 2016 |
Mar. 31, 2016 |
Sep. 25, 2015 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Mar. 31, 2017 |
Sep. 15, 2014 |
Jun. 05, 2014 |
|
| Debt Instrument [Line Items] | ||||||||||||
| Amortization of Financing Costs | $ 132 | $ 331 | $ 127 | |||||||||
| Long-term Line of Credit | 164,900 | 27,700 | ||||||||||
| Increase (Decrease) in Security Deposits | $ 1,408 | $ 719 | 0 | |||||||||
| Debt, Weighted Average Interest Rate | 3.72% | 4.29% | ||||||||||
| Debt Instrument, Term | 2 years 11 months 8 days | 6 years 14 days | ||||||||||
| Financing costs capitalized | $ 0 | $ 1,090 | ||||||||||
| Long-term Debt, Gross | 39,475 | 39,475 | ||||||||||
| Revolving Credit Facility [Member] | ||||||||||||
| Debt Instrument [Line Items] | ||||||||||||
| Amortization of Financing Costs | 1,092 | 19 | ||||||||||
| Line of Credit Facility, Maximum Borrowing Capacity | $ 75,000 | 200,000 | ||||||||||
| Line Of Credit Facility Additional Capacity | $ 125,000 | |||||||||||
| Line of Credit Facility, Interest Rate Description | (i) adjusted LIBOR plus 2.00% to 3.00% or (ii) a base rate plus 1.00% to 2.00%, in each case, depending upon the Companys consolidated leverage ratio. | |||||||||||
| Line of Credit Facility, Commitment Fee Description | (x) 0.20% if the average daily unused commitments are less than 50% of the commitments then in effect and (y) 0.30% if the average daily unused commitments are greater than or equal to 50% of the commitments then in effect and determined based on the average daily unused commitments during such previous quarter. | |||||||||||
| Line of Credit Facility, Covenant Compliance | The Operating Partnership is subject to ongoing compliance with a number of customary affirmative and negative covenants, including limitations with respect to liens, indebtedness, distributions, mergers, consolidations, investments, restricted payments and asset sales. The Operating Partnership must also maintain (i) a maximum consolidated leverage ratio, commencing with the fiscal quarter ending December 31, 2016 and as of the end of each fiscal quarter thereafter, of less than (y) 0.65:1.00 for each fiscal quarter ending prior to October 1, 2019 and (z) thereafter, 0.60:1.00, (ii) a minimum fixed charge coverage ratio of 1.50:1.00, (iii) a minimum net worth of $119,781 plus 75% of all net proceeds raised through subsequent equity offerings and (iv) a ratio of total secured recourse debt to total asset value of not greater than 0.10:1.00. | |||||||||||
| Proceeds from Lines of Credit | $ 50,000 | 107,000 | ||||||||||
| Line of Credit Facility, Additional Borrowing Capacity | $ 50,000 | |||||||||||
| Other Operating Activities, Cash Flow Statement | 244,200 | |||||||||||
| Long-term Line of Credit | 164,900 | 27,700 | ||||||||||
| Increase (Decrease) in Security Deposits | 4,234 | 46 | ||||||||||
| Repayments of Lines of Credit | $ 250,000 | |||||||||||
| Long-term Debt, Gross | 137,200 | |||||||||||
| Cantor Loan [Member] | ||||||||||||
| Debt Instrument [Line Items] | ||||||||||||
| Repayments of Long-term Debt, Total | $ 9,224 | |||||||||||
| Long-term Debt, Total | $ 32,097 | $ 32,097 | ||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.22% | |||||||||||
| Debt Instrument, Description | Prepayment can only occur within four months prior to the maturity date, except that after the earlier of (a) 2 years after the loan is placed in a securitized mortgage pool, or (b) May 6, 2020, the Cantor Loan can be fully and partially defeased upon payment of amounts due under the Cantor Loan and payment of a defeasance amount that is sufficient to purchase U.S. government securities equal to the scheduled payments of principal, interest, fees, and any other amounts due related to a full or partial defeasance under the Cantor Loan. | |||||||||||
| Debt Instrument, Maturity Date | Apr. 06, 2026 | |||||||||||
| Debt Instrument, Covenant Description | maintain a monthly debt service coverage ratio of 1.35:1.00 for all of the collateral properties in the aggregate. | |||||||||||
| Interest Expense, Debt | $ 1,699 | 1,280 | ||||||||||
| West Mifflin Note Payable [Member] | ||||||||||||
| Debt Instrument [Line Items] | ||||||||||||
| Long-term Debt, Total | $ 7,378 | 7,378 | ||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.72% | |||||||||||
| Debt Instrument, Maturity Date | Sep. 25, 2015 | Sep. 25, 2020 | ||||||||||
| Debt Instrument, Covenant Description | The note requires a quarterly fixed charge coverage ratio of at least 1:1, a quarterly minimum debt yield of 0.09:1.00, and annualized Operator EBITDAR measured on a quarterly basis of not less than $6,000. | |||||||||||
| Interest Expense, Debt | $ 278 | 279 | 51 | |||||||||
| Asheville Note Payable [Member] | ||||||||||||
| Debt Instrument [Line Items] | ||||||||||||
| Long-term Debt, Total | $ 1,700 | |||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 4.75% | |||||||||||
| Interest Expense, Debt | 0 | 76 | 81 | |||||||||
| Debt Instrument, Periodic Payment, Principal | 1,662 | |||||||||||
| Omaha Note Payable [Member] | ||||||||||||
| Debt Instrument [Line Items] | ||||||||||||
| Long-term Debt, Total | 14,748 | $ 15,060 | ||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 4.91% | |||||||||||
| Interest Expense, Debt | $ 0 | 488 | $ 680 | |||||||||
| Debt Instrument, early termination fee amount | $ 301 | |||||||||||