XML 101 R78.htm IDEA: XBRL DOCUMENT v3.25.0.1
2024 and 2023 Unsecured Term Loan Compliance (Details) - 2024 Unsecured Term Loan and 2023 Unsecured Term Loan
Dec. 31, 2024
Sep. 27, 2024
Debt Instrument [Line Items]    
Debt Instrument, Covenant Description   Among other covenants, the 2023 and 2024 Unsecured Term Loans require that BPLP maintain on an ongoing basis: (1) a leverage ratio not to exceed 60%, however, the leverage ratio may increase to no greater than 65% provided that it is reduced back to 60% within one year, (2) a secured debt leverage ratio not to exceed 55%, (3) a fixed charge coverage ratio of at least 1.40 to 1.00, (4) an unsecured debt leverage ratio not to exceed 60%, however, the unsecured debt leverage ratio may increase to no greater than 65% provided that it is reduced to 60% within one year, (5) an unsecured debt interest coverage ratio of at least 1.75 to 1.00 and (6) limitations on permitted investments.
Leverage ratio   60.00%
Leverage ratio - maximum   65.00%
Secured debt leverage ratio - maximum   55.00%
Fixed charge coverage - maximum   1.40
Fixed charge coverage - minimum   1.00
Unsecured debt leverage ratio   60.00%
Unsecured debt leverage ratio - maximum   65.00%
Debt Instrument, Covenant Compliance At December 31, 2024, BPLP was in compliance with each of these financial and other covenant requirements.  
Minimum [Member]    
Debt Instrument [Line Items]    
Unsecured debt interest coverage ratio   1.00
Maximum [Member]    
Debt Instrument [Line Items]    
Unsecured debt interest coverage ratio   1.75