Quarterly report pursuant to Section 13 or 15(d)

Credit Facility, Notes Payable and Derivative Instruments (Details)

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Credit Facility, Notes Payable and Derivative Instruments (Details)
$ in Thousands
 3 Months Ended 12 Months Ended 24 Months Ended
Mar. 31, 2024
USD ($)
contract
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Mar. 31, 2024
USD ($)
contract
Notes Payable and Revolving Credit Facility        
Amortization of financing costs $ 13 $ 39    
Long term debt 25,735     $ 25,735
Increase (Decrease) in Security Deposits $ 688 (773)    
Proceeds from Credit Facility   12,600    
Repayments of Lines of Credit   14,800    
Proceeds from (Repayments of) Credit Facility   2,200    
Debt Instrument, Term 2 years 8 months 12 days   2 years 10 months 24 days  
Note balance $ 25,735   $ 25,965 25,735
Additional Interest Expense 15,576      
Derivative asset 29,285   $ 25,125 $ 29,285
Interest expense $ 6,890 8,271    
Weighted average interest rate basis 3.85%   3.83% 3.85%
Interest Rate Swap [Member]        
Notes Payable and Revolving Credit Facility        
Number of interest rate swaps entered | contract 10     10
Derivative asset $ 29,285     $ 29,285
Derivative liability     $ 25,125  
Forward Starting Interest Rate Swaps [Member]        
Notes Payable and Revolving Credit Facility        
Number of interest rate swaps entered | contract 3     3
Credit Facility [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity $ 900,000     $ 900,000
Amortization of financing costs $ 549 549    
Credit facility extension option period 6 months      
Maximum consolidated leverage ratio under financial covenants 60     60
Maximum consolidated secured recourse leverage ratio under financial covenant 10.00%     10.00%
Minimum fixed charge coverage ratio under financial covenants 1.50     1.50
Minimum unsecured interest coverage ratio under financial covenant 1.50     1.50
Maximum consolidated secured leverage ratio under financial covenants 30.00%     30.00%
Maximum consolidated unsecured leverage ratio under financial covenants 60.00%     60.00%
Covenant compliance As of March 31, 2024, management believed it complied with all of the financial and non-financial covenants contained in the Credit Facility.      
Proceeds from Credit Facility $ 14,000      
Repayments of Lines of Credit 7,800      
Proceeds from (Repayments of) Credit Facility 6,200      
Interest expense 6,055 6,988    
Minimum Net Worth Required for Compliance $ 573,000     $ 573,000
Net Proceeds raised Through Equity Offerings, Percent       75.00%
Debt instrument extensions | contract 2      
Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]        
Notes Payable and Revolving Credit Facility        
Temporary reduction in the interest rate if sustainability goals met 0.02%     0.02%
Debt Instrument, Basis Spread on Variable Rate 0.10%      
Revolving Credit Facility [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity $ 400,000     $ 400,000
Term Loan [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity 500,000     500,000
Term Loan A [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity 350,000     350,000
Derivative, Notional Amount $ 350,000     $ 350,000
Term Loan A [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]        
Notes Payable and Revolving Credit Facility        
Debt Instrument, Basis Spread on Variable Rate 1.50%      
Term Loan A [Member] | Interest Rate Swap [Member]        
Notes Payable and Revolving Credit Facility        
Number of interest rate swaps entered | contract 6     6
Term Loan A [Member] | Interest Rate Swap Agreement One [Member]        
Notes Payable and Revolving Credit Facility        
Derivative, Notional Amount $ 200,000     $ 200,000
Term Loan A [Member] | Interest Rate Swap Agreement Two [Member]        
Notes Payable and Revolving Credit Facility        
Derivative, Notional Amount $ 150,000     150,000
Term Loan A [Member] | Interest Rate Swap Agreement Two [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]        
Notes Payable and Revolving Credit Facility        
Debt Instrument, Basis Spread on Variable Rate 1.36%      
Term Loan A [Member] | Forward Starting Interest Rate Swaps [Member]        
Notes Payable and Revolving Credit Facility        
Derivative, Notional Amount $ 200,000     $ 200,000
Number of interest rate swaps entered | contract 3     3
Term Loan B [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity $ 150,000     $ 150,000
Term Loan B [Member] | Interest Rate Swap [Member]        
Notes Payable and Revolving Credit Facility        
Number of interest rate swaps entered | contract 4     4
Term Loan B [Member] | Forward Starting Interest Rate Swaps [Member]        
Notes Payable and Revolving Credit Facility        
Derivative fixed rate 2.54%     2.54%
Derivative, Notional Amount $ 150,000     $ 150,000
Rosedale Loan [Member]        
Notes Payable and Revolving Credit Facility        
Interest rate 3.85%   3.85% 3.85%
Loan, maturity date Jul. 31, 2025   Jul. 31, 2025  
Principal payments made $ 230   $ 344  
Note balance 13,462   $ 13,563 $ 13,462
Interest expense $ 273 $ 695    
Dumfries Loan [Member]        
Notes Payable and Revolving Credit Facility        
Interest rate 4.68%   4.68% 4.68%
Loan, maturity date Jun. 01, 2024   Jun. 01, 2024  
Note balance $ 10,957   $ 11,034 $ 10,957
Toledo Loan [Member]        
Notes Payable and Revolving Credit Facility        
Interest rate 5.00%   5.00% 5.00%
Loan, maturity date Jul. 30, 2033   Jul. 30, 2033  
Note balance $ 1,316   $ 1,368 $ 1,316
Accordion [Member] | Credit Facility [Member]        
Notes Payable and Revolving Credit Facility        
Credit Facility maximum borrowing capacity $ 500,000     $ 500,000