Quarterly report pursuant to Section 13 or 15(d)

Mortgage Notes Payable and Credit Facility - Additional Information (Detail)

v3.22.1
Mortgage Notes Payable and Credit Facility - Additional Information (Detail)
3 Months Ended
Feb. 11, 2021
USD ($)
Jul. 02, 2019
USD ($)
Mar. 31, 2022
USD ($)
property
mortgage
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Jul. 01, 2019
USD ($)
Debt Instrument [Line Items]            
Number of properties collateralized in mortgage notes payable | property     129      
Payments of deferred financing costs     $ 0 $ 584,000    
Carrying value     705,383,000   $ 707,526,000  
Line of credit outstanding     $ 34,550,000   33,550,000  
Weighted average interest rate on debt outstanding     4.19%      
Line of credit            
Debt Instrument [Line Items]            
Line of credit outstanding     $ 259,600,000      
Weighted average interest rate     2.35%      
Letters of credit, outstanding     $ 20,500,000      
Weighted average interest rate on debt outstanding     1.90%      
Maximum additional amount that can be drawn under Line of Credit     $ 25,600,000      
Term Loan A            
Debt Instrument [Line Items]            
Maximum borrowing capacity   $ 160,000,000       $ 75,000,000
Revolving credit facility            
Debt Instrument [Line Items]            
Maximum borrowing capacity   $ 100,000,000       $ 85,000,000
Term Loan B            
Debt Instrument [Line Items]            
Maximum borrowing capacity $ 65,000,000          
Delayed funding component 15,000,000          
Debt instrument fees incurred $ 500,000          
Carrying value     $ 65,000,000      
Mortgage notes payable            
Debt Instrument [Line Items]            
Number of mortgage notes payable | mortgage     52      
Number of properties collateralized in mortgage notes payable | property     67      
Net book value of collateralized mortgage properties     $ 663,600,000      
Fair value of mortgage notes payable     440,800,000      
Carrying value     446,720,000   449,944,000  
Carrying value     $ 449,406,000      
Weighted average interest rate on debt outstanding     3.52%      
Fixed rate mortgage loans            
Debt Instrument [Line Items]            
Number of properties collateralized in mortgage notes payable | property     61      
Payments of deferred financing costs     $ 0 $ 600,000    
Carrying value     $ 433,253,000   $ 436,530,000  
LIBOR | Term Loan B            
Debt Instrument [Line Items]            
Floor on variable rate 0.25%          
Minimum | Term Loan A            
Debt Instrument [Line Items]            
Spread on LIBOR   1.25%        
Minimum | Term Loan B            
Debt Instrument [Line Items]            
Spread on LIBOR 1.40%          
Minimum | LIBOR | Term Loan A            
Debt Instrument [Line Items]            
Spread on LIBOR   2.50%        
Minimum | LIBOR | Term Loan B            
Debt Instrument [Line Items]            
Spread on LIBOR 1.50%          
Maximum | Term Loan A            
Debt Instrument [Line Items]            
Spread on LIBOR   2.15%        
Maximum | Term Loan B            
Debt Instrument [Line Items]            
Spread on LIBOR 2.25%          
Maximum | LIBOR | Term Loan A            
Debt Instrument [Line Items]            
Spread on LIBOR   2.75%        
Maximum | LIBOR | Term Loan B            
Debt Instrument [Line Items]            
Spread on LIBOR 1.75%