Quarterly report pursuant to Section 13 or 15(d)

Mortgage Notes Payable and Credit Facility - Schedule of Company's Mortgage Notes Payable and Credit Facility (Details)

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Mortgage Notes Payable and Credit Facility - Schedule of Company's Mortgage Notes Payable and Credit Facility (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
property
mortgage
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]    
Encumbered properties | property 132  
Total $ 692,647 $ 738,861
Weighted average interest rate on debt outstanding 4.23%  
Variable rate at period end 4.96%  
Mortgage Notes Payable    
Debt Instrument [Line Items]    
Encumbered properties | property 45  
Carrying value $ 273,429  
Premiums and discounts, net (16) (42)
Deferred financing costs, net (1,792) (2,227)
Total $ 271,621 295,853
Number of mortgage notes payable | mortgage 39  
Weighted average interest rate on debt outstanding 5.47%  
Fixed rate mortgage loans    
Debt Instrument [Line Items]    
Encumbered properties | property 44  
Carrying value $ 266,121 298,122
Stated interest rate (as a percent) 5.05%  
Fixed rate mortgage loans | Minimum    
Debt Instrument [Line Items]    
Stated interest rate (as a percent) 2.80%  
Fixed rate mortgage loans | Maximum    
Debt Instrument [Line Items]    
Stated interest rate (as a percent) 6.63%  
Variable rate mortgage loans    
Debt Instrument [Line Items]    
Encumbered properties | property 1  
Carrying value $ 7,308 0
Variable rate revolving credit facility | Revolving Credit Facility    
Debt Instrument [Line Items]    
Encumbered properties | property 87  
Carrying value $ 53,250 75,750
Total $ 53,250 75,750
Spread on debt 1.35%  
Scheduled maturity dates Aug. 18, 2026  
Credit Facility    
Debt Instrument [Line Items]    
Deferred financing costs, net $ (2,224) (2,742)
Total 367,776 367,258
Variable rate term loan facility A    
Debt Instrument [Line Items]    
Carrying value $ 160,000 160,000
Spread on debt 1.30%  
Scheduled maturity dates Aug. 18, 2027  
Variable rate term loan facility B    
Debt Instrument [Line Items]    
Carrying value $ 60,000 60,000
Spread on debt 1.30%  
Scheduled maturity dates Feb. 11, 2026  
Variable rate term loan facility C    
Debt Instrument [Line Items]    
Carrying value $ 150,000 $ 150,000
Spread on debt 1.30%  
Scheduled maturity dates Feb. 18, 2028