Annual report [Section 13 and 15(d), not S-K Item 405]

Credit Facility, Notes Payable and Derivative Instruments (Details)

v3.25.0.1
Credit Facility, Notes Payable and Derivative Instruments (Details)
$ in Thousands
 12 Months Ended
Dec. 06, 2023
USD ($)
Dec. 31, 2024
USD ($)
contract
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Mar. 31, 2016
USD ($)
Notes Payable and Revolving Credit Facility          
Amortization of financing costs   $ 44 $ 146 $ 155  
Long term debt   14,421      
Other Operating Activities, Cash Flow Statement   83,100 143,800    
Increase (Decrease) in Security Deposits   (364) (1,773) 921  
Repayments of Lines of Credit   $ 136,400 99,600    
Payment for defeased loan     31,525    
Gain (loss) on extinguishment of debt     $ (868)    
Debt Instrument, Term   2 years 2 years 10 months 24 days    
Note balance   $ 14,421 $ 25,965    
Write off of unamortized debt issuance costs from loan defeasance     240    
Line Of Credit Cash Paid Other   13      
Additional Interest Expense   11,801      
Derivative asset   18,613 25,125    
Interest expense   $ 28,689 $ 30,893 25,230  
Weighted average interest rate basis   3.75% 3.83%    
Interest Rate Swap [Member]          
Notes Payable and Revolving Credit Facility          
Derivative asset   $ 18,613 $ 25,125    
Credit Facility [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 900,000      
Maximum consolidated leverage ratio under financial covenants   60      
Maximum consolidated secured recourse leverage ratio under financial covenant   10.00%      
Minimum fixed charge coverage ratio under financial covenants   1.5      
Minimum unsecured interest coverage ratio under financial covenant   1.5      
Maximum consolidated secured leverage ratio under financial covenants   30.00%      
Maximum consolidated unsecured leverage ratio under financial covenants   60.00%      
Covenant compliance   As of December 31, 2024, management believed it complied with all of the financial and non-financial covenants contained in the Credit Facility.      
Minimum Net Worth Required for Compliance   $ 573,000      
Net Proceeds raised Through Equity Offerings, Percent   75.00%      
Debt Instrument, Basis Spread on Variable Rate   0.10%      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember      
Revolving Credit Facility [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 400,000      
Amortization of financing costs   $ 2,198 2,199 1,995  
Credit Facility maturity date   Aug. 01, 2026      
Credit facility extension option period   6 months      
Increase (Decrease) in Security Deposits   $ 25,628 25,868 20,274  
Note balance   $ 53,300 44,200    
Debt instrument extensions | contract   2      
Term Loan [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 500,000      
Term Loan [Member] | Interest Rate Swap [Member]          
Notes Payable and Revolving Credit Facility          
Number of interest rate swaps entered | contract   9      
Term Loan A [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 350,000      
Credit Facility maturity date   May 01, 2026      
Term Loan A [Member] | Interest Rate Swap [Member]          
Notes Payable and Revolving Credit Facility          
Derivative fixed rate   1.36%      
Derivative, Notional Amount   $ 350,000      
Number of interest rate swaps entered | contract   5      
Term Loan B [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 150,000      
Credit Facility maturity date   Feb. 01, 2028      
Term Loan B [Member] | Interest Rate Swap [Member]          
Notes Payable and Revolving Credit Facility          
Derivative fixed rate   2.54%      
Derivative, Notional Amount   $ 150,000      
Number of interest rate swaps entered | contract   4      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember      
Rosedale Loan [Member]          
Notes Payable and Revolving Credit Facility          
Interest rate   3.85%      
Loan, maturity date   Jul. 31, 2025      
Interest expense   $ 819 2,680 $ 2,806  
Principal payments made   11,544 32,159    
Note balance   $ 13,158 13,563    
Dumfries Loan [Member]          
Notes Payable and Revolving Credit Facility          
Interest rate   4.68%      
Loan, maturity date   Jun. 01, 2024      
Note balance     11,034    
Cantor Loan [Member]          
Notes Payable and Revolving Credit Facility          
Financing costs paid $ 628        
Long term debt         $ 32,097
Payment for defeased loan     31,525    
Outstanding principal repaid $ 30,897        
Gain (loss) on extinguishment of debt     (868)    
Write off of unamortized debt issuance costs from loan defeasance     240    
Toledo Loan [Member]          
Notes Payable and Revolving Credit Facility          
Interest rate   5.00%      
Loan, maturity date   Jul. 30, 2033      
Note balance   $ 1,263 $ 1,368    
Accordion [Member] | Credit Facility [Member]          
Notes Payable and Revolving Credit Facility          
Credit Facility maximum borrowing capacity   $ 500,000