Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Mortgage Notes Payable and Credit Facility - Additional Information (Details)
3 Months Ended 6 Months Ended
Sep. 27, 2022
USD ($)
Aug. 18, 2022
USD ($)
Jun. 30, 2023
USD ($)
property
mortgage
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
property
mortgage
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Aug. 17, 2022
USD ($)
Debt Instrument [Line Items]                
Number of properties collateralized in mortgage notes payable | property     134   134      
Payments of deferred financing costs         $ 118,000 $ 667,000    
Carrying value     $ 753,734,000   753,734,000   $ 749,206,000  
Line of credit outstanding     $ 38,450,000   $ 38,450,000   23,250,000  
Weighted average interest rate on debt outstanding     4.23%   4.23%      
Line of Credit                
Debt Instrument [Line Items]                
Line of credit outstanding     $ 408,500,000   $ 408,500,000      
Weighted average interest rate     6.54%   6.54%      
Letters of credit, outstanding     $ 14,400,000   $ 14,400,000      
Weighted average interest rate on debt outstanding     1.50%   1.50%      
Maximum additional amount that can be drawn under line of credit     $ 70,300,000   $ 70,300,000      
Fixed rate mortgage loans                
Debt Instrument [Line Items]                
Number of properties collateralized in mortgage notes payable | property     49   49      
Payments of deferred financing costs     $ 50,000.00 $ 700,000 $ 120,000 $ 700,000    
Carrying value     $ 350,732,000   $ 350,732,000   362,037,000  
Mortgage notes payable                
Debt Instrument [Line Items]                
Number of mortgage notes payable | mortgage     43   43      
Number of properties collateralized in mortgage notes payable | property     49   49      
Net book value of collateralized mortgage properties     $ 536,900,000   $ 536,900,000      
Fair value of mortgage notes payable     323,200,000   323,200,000      
Carrying value     348,371,000   348,371,000   $ 359,389,000  
Carrying value     $ 350,732,000   $ 350,732,000      
Weighted average interest rate on debt outstanding     5.48%   5.48%      
Revolving Credit Facility                
Debt Instrument [Line Items]                
Maximum borrowing capacity $ 125,000,000 $ 120,000,000 $ 125,000,000   $ 125,000,000     $ 100,000,000
Variable rate term loan facility A                
Debt Instrument [Line Items]                
Maximum borrowing capacity     160,000,000   160,000,000      
Variable rate term loan facility B                
Debt Instrument [Line Items]                
Maximum borrowing capacity   60,000,000 60,000,000   60,000,000      
Variable rate term loan facility C                
Debt Instrument [Line Items]                
Maximum borrowing capacity 150,000,000 $ 140,000,000 150,000,000   150,000,000      
Debt instrument fees incurred $ 4,200,000              
Carrying value     $ 150,000,000   $ 150,000,000      
Variable rate term loan facility C | Minimum | SOFR                
Debt Instrument [Line Items]                
Spread on debt 3.15% 1.25%            
Variable rate term loan facility C | Maximum | SOFR                
Debt Instrument [Line Items]                
Spread on debt 3.75% 1.95%