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Bank and Other Notes Payable (Details) - USD ($) |  | 12 Months Ended |
--- | --- | --- | ---
Sep. 11, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | Apr. 14, 2021
Mortgage loans payable on real estate |  |  |  |
Unamortized deferred finance costs |  | $ 22,042,000 | $ 21,148,000 |
Revolving Loan Facility Matures on April 14, 2024 | Line of Credit | Revolving Line of Credit |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Line of credit |  |  |  | $ 525,000,000
Revolving Loan Facility Matures on February 1, 2027 | Revolving Line of Credit |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Extension term | 1 year |  |  |
Expanded line of credit facility (up to) | $ 950,000,000 |  |  |
Adjusted term premium (as a percent) | 0.10% |  |  |
Variable interest rate spread (as a percent) |  | 2.35% | 2.35% |
Outstanding borrowings under the line of credit |  | $ 110,000,000 | $ 105,000,000 |
Unamortized deferred finance costs |  | $ 11,677,000 | $ 15,452,000 |
Average interest rate (as a percent) |  | 7.59% | 8.57% |
Availability for additional borrowings |  | $ 539,777,000 |  |
Revolving Loan Facility Matures on February 1, 2027 | Revolving Line of Credit | Level 2 |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Estimated fair value of term loan |  | $ 110,963,000 |  |
Revolving Loan Facility Matures on February 1, 2027 | Revolving Line of Credit | Minimum |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Debt instrument, leverage ratio requirement (as a percent) | 1.00% |  |  |
Revolving Loan Facility Matures on February 1, 2027 | Revolving Line of Credit | Maximum |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Debt instrument, leverage ratio requirement (as a percent) | 2.50% |  |  |
Revolving Loan Facility Matures on February 1, 2027 | Line of Credit | Revolving Line of Credit |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Line of credit | $ 650,000,000 |  |  |
Revolving Loan Facility Matures on February 1, 2027 | Term Loan |  |  |  |
Mortgage loans payable on real estate |  |  |  |
Withdrawn amount | $ 152,000,000 |  |  |

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