XML 76 R62.htm IDEA: XBRL DOCUMENT
v3.20.4

DEBT - Schedule of Debt (Details) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2020 | Dec. 31, 2019
Debt Instrument [Line Items] |  |
Carrying principal value | $ 721,316 | $ 651,455
Weighted Average Maturity in Years | 4 years 8 months 23 days |
Weighted average interest rate | 3.62% | 3.97%
Mortgages payable - fixed |  |
Debt Instrument [Line Items] |  |
Carrying principal value | $ 298,445 | $ 331,376
Weighted Average Maturity in Years | 5 years 2 months 23 days |
Mortgages payable |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 3.93% | 4.02%
Unsecured debt |  |
Debt Instrument [Line Items] |  |
Carrying principal value | $ 422,871 | $ 320,079
Weighted Average Maturity in Years | 4 years 4 months 17 days |
Unsecured debt | Lines of credit |  |
Debt Instrument [Line Items] |  |
Carrying principal value | $ 152,871 | $ 50,079
Weighted Average Maturity in Years | 1 year 7 months 13 days |
Weighted average interest rate | 2.85% | 3.81%
Unsecured debt | Term loans |  |
Debt Instrument [Line Items] |  |
Carrying principal value | $ 145,000 | $ 145,000
Weighted Average Maturity in Years | 3 years 10 months 17 days |
Weighted average interest rate | 4.15% | 4.11%
Unsecured debt | Unsecured senior notes |  |
Debt Instrument [Line Items] |  |
Carrying principal value | $ 125,000 | $ 125,000
Weighted Average Maturity in Years | 8 years 3 months 29 days |
Weighted average interest rate | 3.78% | 3.78%

X
- Definition Debt Instrument, Weighted Average Maturity + References No definition available. + Details
Name: | iret_DebtInstrumentWeightedAverageMaturity
Namespace Prefix: | iret_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=iret_FixedRateMortgagesPayableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_UnsecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MediumTermNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |