v3.22.2.2
Mortgages - Summary of Mortgages (Detail) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Debt Instrument [Line Items]    
Debt instrument, interest rate 7.50% 5.00%
Carrying amount $ 2,064,533 $ 1,699,160
Mortgages, net 94,753 96,846
Secured Debt    
Debt Instrument [Line Items]    
Carrying amount 94,996 97,160
Debt issuance costs, net $ (243) (314)
Wilmington Trust National Association, Due February 28 | Secured Debt    
Debt Instrument [Line Items]    
Origination Date [1],[2],[3],[4] 2019-04  
Maturity Date [1],[2],[3],[4] 2028-02  
Debt instrument, interest rate [1],[2],[3],[4] 4.92%  
Carrying amount [1],[2],[3],[4] $ 45,834 46,760
Wilmington Trust National Association, Due August 25 | Secured Debt    
Debt Instrument [Line Items]    
Origination Date [1],[2],[4],[5] 2018-06  
Maturity Date [1],[2],[4],[5] 2025-08  
Debt instrument, interest rate [1],[2],[4],[5] 4.36%  
Carrying amount [1],[2],[4],[5] $ 19,254 19,557
PNC Bank | Secured Debt    
Debt Instrument [Line Items]    
Origination Date [1],[2] 2016-10  
Maturity Date [1],[2] 2026-11  
Debt instrument, interest rate [1],[2] 3.62%  
Carrying amount [1],[2] $ 16,782 17,094
T2 Durham I, LLC | Secured Debt    
Debt Instrument [Line Items]    
Origination Date [2],[6] 2021-07  
Maturity Date [2],[6] 2024-07  
Interest Rate [2],[6] Greater of Prime + 1.25% or 5.00%  
Carrying amount [2],[6] $ 7,500 [7] 7,500
T2 Durham I, LLC | Greater of Prime | Secured Debt | Maximum    
Debt Instrument [Line Items]    
Debt instrument, interest rate [2],[6] 5.00%  
T2 Durham I, LLC | Greater of Prime | Secured Debt | Minimum    
Debt Instrument [Line Items]    
Debt instrument, interest rate [2],[6] 1.25%  
Aegon | Secured Debt    
Debt Instrument [Line Items]    
Origination Date [2],[8] 2012-04  
Maturity Date [2],[8] 2023-10  
Debt instrument, interest rate [2],[8] 6.38%  
Carrying amount [2],[8] $ 5,626 $ 6,249
[1] Debt secured by guaranty of the OP.
[2] Debt secured by related rental property and lease rents.
[3] Mortgage was assumed in April 2019 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption.
[4] Non-recourse debt includes the indemnification/guaranty of the Corporation and/or OP pertaining to fraud, environmental claims, insolvency, and other matters.
[5] Mortgage was assumed in June 2018 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption.
[6] Mortgage is subject to interest at a daily floating annual rate equal to the Prime Rate plus 1.25%, but no less than 5.00% per annum. At September 30, 2022 and December 31, 2021, the interest rate was 7.50% and 5.00%, respectively.
[7] Mortgage was paid in full on October 6, 2022 (see Note 19).
[8] Mortgage was assumed in April 2012 as part of the acquisition of the related property. The debt was recorded at fair value at the time of the assumption.