XML 150 R123.htm IDEA: XBRL DOCUMENT v3.25.0.1
Derivatives - Additional Information (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
USD ($)
Agreement
Dec. 31, 2022
USD ($)
Property
Agreement
shares
Dec. 31, 2024
USD ($)
Agreement
Property
Derivative [Line Items]      
Derivative, notional amount [1]     $ 860,000
Number of real estate properties | Property     7
Payments to acquire real estate, total $ 276,718    
Embedded derivative, fair value of embedded derivative liability $ 30,900   $ 19,900
Eight Purchased Properties [Member]      
Derivative [Line Items]      
Number of real estate properties | Property   8  
Real estate acquired, value   $ 376,500  
Real estate acquired, value encumbered   88,800  
Payments to acquire real estate, total   152,100  
Units issued to acquire real estate, value   $ 135,700  
Units issued call option, expiration period (year)   10 years  
Units issued, put option, first anniversary purchase ownership interest   50.00%  
Units issued, put option, second anniversary purchase ownership interest   25.00%  
Embedded derivative, fair value of embedded derivative liability   $ 56,000  
Common Units [Member] | Eight Purchased Properties [Member]      
Derivative [Line Items]      
Units issued to acquire real estate (in shares) | shares   678,306  
Preferred Units [Member] | Eight Purchased Properties [Member]      
Derivative [Line Items]      
Units issued to acquire real estate (in shares) | shares   6,104,831  
Interest Rate Swap [Member]      
Derivative [Line Items]      
Number of interest rate derivatives held | Agreement 0 0 26
Derivative, notional amount     $ 860,000
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months, net     3,100
Interest Rate Swap [Member] | Unconsolidated Joint Venture [Member]      
Derivative [Line Items]      
Derivative assets (liabilities), at fair value, net $ 3,300   $ 3,800
[1] These interest rate swap agreements utilize a one-month SOFR CME index.