Mortgage Notes Payable and Credit Facility - Mortgages Notes Payable (Detail) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2017 |
Mar. 31, 2016 |
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Debt Instrument [Line Items] | ||
Aggregate debt repaid | $ 38,063 | $ 23,534 |
Weighted average interest rate on debt repaid (as percent) | 4.66% | |
Fixed rate mortgage loans | ||
Debt Instrument [Line Items] | ||
Aggregate debt repaid | $ 27,188 | |
Weighted average interest rate on debt repaid (as percent) | 6.05% | |
Variable rate mortgage loans | ||
Debt Instrument [Line Items] | ||
Aggregate debt repaid | $ 8,163 | |
Variable rate mortgage loans | LIBOR | ||
Debt Instrument [Line Items] | ||
Basis spread (as percent) | 2.15% | |
Variable rate mortgage loans | LIBOR | Weighted average | ||
Debt Instrument [Line Items] | ||
Basis spread (as percent) | 2.50% |
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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