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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Quantitative Disclosure of the Fair Value for Each Major Category of Assets and Liabilities
The following financial instruments are remeasured at fair value on a recurring basis:
Fair Value Measurements as of
June 30, 2024December 31, 2023
Cash Flow Hedges: (a) (b)
Level 1Level 2 (c)Level 3Level 1Level 2 (c)Level 3
Derivative interest rate swaps— $21,148 — — $18,074 — 
(a)During the twelve months subsequent to June 30, 2024, an estimated $11,254 of derivative interest rate balances recognized in accumulated comprehensive income will be reclassified into earnings.
(b)As of June 30, 2024 and December 31, 2023, the Company determined that the credit valuation adjustments associated with nonperformance risk are not significant to the overall valuation of its derivatives. As a result, the Company's derivative valuations in their entirety are classified as Level 2 of the fair value hierarchy.
(c)Derivative assets or liabilities are recognized as a part of deferred costs and other assets, net or other liabilities, respectively.
Schedule of Fair Value of Financial Instruments Presented at Carrying Values
The table below summarizes the estimated fair value of financial instruments presented at carrying values in the Company's condensed consolidated financial statements as of June 30, 2024 and December 31, 2023:
June 30, 2024December 31, 2023
Carrying ValueEstimated 
Fair Value		Market
Interest Rate		Carrying ValueEstimated 
Fair Value		Market
Interest Rate
Mortgages payable$165,848 $157,954 7.45 %$168,548 $161,320 6.86 %
Senior notes250,000 232,059 6.53 %250,000 233,635 6.31 %
Term loans400,000 400,157 5.65 %400,000 399,539 5.10 %
Revolving line of credit— — N/A— — N/A