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v3.23.1

Debt - Debt Summary Footnotes (Details) | 1 Months Ended | 3 Months Ended |
--- | --- | --- | ---
Oct. 31, 2022 USD ($) extension | Sep. 30, 2022 USD ($) extension | Mar. 31, 2023 USD ($) extension instrument | Dec. 31, 2022 USD ($)
Debt Instrument [Line Items] |  |  |  |
Balance drawn |  |  | $ 0 | $ 0
Term loan - variable rate | Unsecured debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument face amount | $ 300,000,000 |  |  |
Interest rate | 4.20% |  |  |
Number of extension options (in extensions) | extension | 3 |  |  |
Term extension period | 12 months |  |  |
Delayed draw feature period | 6 months |  |  |
Unamortized debt issuance expense |  |  | $ 1,700,000 |
Term loan - variable rate | Adjusted SOFR | Unsecured debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate | 0.85% |  |  |
Unsecured debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument face amount |  | $ 300,000,000 |  |
Number of extension options (in extensions) | extension |  | 3 |  |
Delayed draw feature period |  |  | 6 months |
Unamortized debt issuance expense |  |  | $ 28,900,000 | 29,900,000
Unamortized discount (premium), net |  |  | $ (7,400,000) | (7,900,000)
Extension period |  | 12 months |  |
Lines of credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Number of extension options (in extensions) | extension |  |  | 2 |
Unamortized debt issuance expense |  |  | $ 4,800,000 | 5,100,000
Number of lines of unsecured credit (in instruments) | instrument |  |  | 2 |
Aggregate borrowing capacity |  |  | $ 1,240,000,000 |
Extension period |  |  | 6 months |
Lines of credit | SOFR |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  |  | 0.75% |
Lines of credit | Working capital line of credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate borrowing capacity |  |  | $ 35,000,000 |
Lines of credit | Working capital line of credit | SOFR |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  |  | 0.75% |
Mortgage notes payable, net |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Unamortized debt issuance expense |  |  | $ 1,900,000 | 2,000,000
Unamortized discount (premium), net |  |  | $ 1,000,000 | $ 1,200,000

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