Mortgage Notes Payable and Line of Credit - Company's Mortgage Notes Payable and Line of Credit (Detail) (USD $)
In Thousands, unless otherwise specified |
9 Months Ended | |
---|---|---|
Sep. 30, 2014
Property
|
Dec. 31, 2013
|
|
Debt Instrument [Line Items] | ||
Encumbered properties | 93 | |
Carrying value | $ 505,958 | $ 447,002 |
Stated Interest Rates | One month LIBOR was approximately 0.15%. | |
Libor rate | 0.15% | |
Variable Rate Line of Credit [Member]
|
||
Debt Instrument [Line Items] | ||
Encumbered properties | 17 | |
Carrying value | 45,600 | 24,400 |
Stated Interest Rates | LIBOR + 2.75% | |
Libor rate | 2.75% | |
Scheduled Maturity Dates | Aug. 01, 2017 | |
Premiums and Discounts (Net) [Member]
|
||
Debt Instrument [Line Items] | ||
Carrying value | 783 | 724 |
Fixed Rate Mortgage Loans [Member]
|
||
Debt Instrument [Line Items] | ||
Encumbered properties | 72 | |
Carrying value | 451,375 | 413,678 |
Variable Rate Mortgage Loans [Member]
|
||
Debt Instrument [Line Items] | ||
Encumbered properties | 4 | |
Carrying value | 8,200 | 8,200 |
Stated Interest Rates | LIBOR + 2.15% | |
Libor rate | 2.15% | |
Scheduled Maturity Dates | Dec. 01, 2016 | |
Mortgages Notes Payable [Member]
|
||
Debt Instrument [Line Items] | ||
Encumbered properties | 76 | |
Carrying value | $ 460,358 | $ 422,602 |