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DEBT - Narrative (Details)
6 Months Ended
Jul. 26, 2024
Jun. 30, 2024
USD ($)
apartmentCommunity
loan
extensionOption
Dec. 31, 2023
USD ($)
apartmentCommunity
Line of Credit Facility [Line Items]      
Number of real estate properties, unencumbered by mortgages | apartmentCommunity   45  
Revolving lines of credit   $ 48,000,000 $ 30,000,000
Outstanding debt   $ 935,999,000 $ 921,124,000
Weighted average interest rate   3.62% 3.54%
Mortgages      
Line of Credit Facility [Line Items]      
Outstanding debt   $ 389,100,000 $ 392,300,000
Number of real estate properties, serving as collateral for mortgage loans | apartmentCommunity   14 14
Number of material defaults or instances of noncompliance | loan   0  
Private Shelf Agreement | Unsecured Senior Notes      
Line of Credit Facility [Line Items]      
Outstanding debt   $ 200,000,000.0  
Debt instrument, face amount   25,000,000.0  
Note Purchase Agreement | Unsecured Senior Notes      
Line of Credit Facility [Line Items]      
Debt instrument, face amount   125,000,000.0  
Mortgages payable - Fannie Mae credit facility | Mortgages      
Line of Credit Facility [Line Items]      
Outstanding debt   198,850,000 $ 198,850,000
Debt instrument, face amount   $ 198,900,000  
Number of apartment units | apartmentCommunity   11  
Weighted average interest rate   2.78% 2.78%
Mortgages payable - Fannie Mae credit facility | Mortgages | Interest Only Payment Date One      
Line of Credit Facility [Line Items]      
Term of debt   7 years  
Mortgages payable - Fannie Mae credit facility | Mortgages | Interest Only Payment Date Two      
Line of Credit Facility [Line Items]      
Term of debt   10 years  
Mortgages payable - Fannie Mae credit facility | Mortgages | Interest Only Payment Date Three      
Line of Credit Facility [Line Items]      
Term of debt   12 years  
Line of Credit | Minimum | Base Rate | Subsequent Event      
Line of Credit Facility [Line Items]      
Basis spread on variable rate 0.20%    
Line of Credit | Minimum | Secured Overnight Financing Rate (SOFR) | Subsequent Event      
Line of Credit Facility [Line Items]      
Basis spread on variable rate 1.20%    
Line of Credit | Maximum | Base Rate | Subsequent Event      
Line of Credit Facility [Line Items]      
Basis spread on variable rate 0.80%    
Line of Credit | Maximum | Secured Overnight Financing Rate (SOFR) | Subsequent Event      
Line of Credit Facility [Line Items]      
Basis spread on variable rate 1.80%    
Line of Credit | BMO Line of Credit      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   $ 250,000,000.0  
Revolving lines of credit   48,000,000.0  
Remaining borrowing capacity   $ 202,000,000.0  
Number of extensions | extensionOption   2  
Debt extension term   6 months  
Accordion option   $ 400,000,000.0  
Operating Line of Credit      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   6,000,000.0  
Revolving lines of credit   $ 0 $ 0