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v3.22.1

Debt - Narrative (Details) |  |  | 1 Months Ended | 3 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | ---
Jan. 15, 2022 USD ($) | Apr. 27, 2021 USD ($) | Mar. 31, 2022 USD ($) $ / shares | Mar. 31, 2022 USD ($) $ / shares | Mar. 31, 2021 USD ($) | Dec. 31, 2021 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |
Long-term debt |  |  | $ 1,247,179,000 | $ 1,247,179,000 |  |
Net payments made on mortgages payable on real estate |  |  |  | 6,947,000 | $ 0 |
Loss on extinguishment of mortgages payable on real estate |  |  |  | (603,000) | $ 0 |
VIE, Primary Beneficiary | Multi-Family Apartment Properties |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Net payments made on mortgages payable on real estate |  |  | $ 37,000,000 |  |  |
Loss on extinguishment of mortgages payable on real estate |  |  |  | $ (600,000) |  |
6.25% senior convertible notes due 2022 | Convertible notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Face amount |  |  |  |  |  | $ 138,000,000
Interest rate |  |  | 6.25% | 6.25% |  | 6.25%
Discount and deferred charges, net |  |  |  |  |  | $ 100,000
Debt issuance cost, percentage |  |  |  |  |  | 8.24%
Notes issued, percentage of principle |  |  | 96.00% | 96.00% |  |
Conversion ratio |  |  |  | 0.1427144 |  |
Conversion price (in dollars per share) | $ / shares |  |  | $ 7.01 | $ 7.01 |  |
Extinguishment of debt, amount | $ 138,000,000 |  |  |  |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Face amount |  | $ 100,000,000 |  |  |  |
Interest rate |  | 5.75% |  |  |  |
Debt instrument, percentage of principal issued |  | 100.00% |  |  |  |
Proceeds from issuance of senior unsecured notes, net |  | $ 96,300,000 |  |  |  |
Long-term debt |  |  | $ 100,000,000 | $ 100,000,000 |  |
Deferred loan fees, net |  |  | $ 3,100,000 | $ 3,100,000 |  | $ 3,300,000
Debt issuance costs, amortization rate |  |  | 6.64% | 6.64% |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes | Between BB+ and B+ Credit Rating |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate increase |  | 0.50% |  |  |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes | B+ or Below Credit Rating |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate increase |  | 0.75% |  |  |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes | Debt Instrument, Redemption, Period One |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, redemption price, percentage |  | 100.00% |  |  |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes | Debt Instrument, Redemption, Period Two |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, redemption price, percentage |  | 100.00% |  |  |  |
Debt instrument, redemption price, percentage multiplyer |  | 2.875% |  |  |  |

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