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v3.23.2

Debt - Narrative (Details) - USD ($) |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | --- | ---
Jan. 15, 2022 | Apr. 27, 2021 | Mar. 31, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Dec. 31, 2022
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term debt |  |  |  | $ 544,743,000 |  | $ 544,743,000 |  |
Net (payments made on) proceeds received from mortgages payable on real estate |  |  |  |  |  | 131,875,000 | $ (2,475,000) |
Loss on extinguishment of collateralized debt obligations and mortgages payable on real estate |  |  | $ 600,000 | 1,863,000 | $ 0 | 693,000 | $ 603,000 |
VIE, Primary Beneficiary | Multi-Family Apartment Properties |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Net (payments made on) proceeds received from mortgages payable on real estate |  |  | 37,000,000 | (150,200,000) |  |  |  |
Loss on extinguishment of collateralized debt obligations and mortgages payable on real estate |  |  | $ 600,000 | 1,900,000 |  |  |  |
5.75% Senior Notes Due 2026 | Senior unsecured notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Principal value of trust preferred securities |  | $ 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 |  |  |  | $ 2,300,000 |  | $ 2,300,000 |  | $ 2,600,000
Debt issuance costs, amortization rate |  |  |  | 6.64% |  | 6.64% |  |
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 | April 30, 2023 - April 29, 2024 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, redemption price, percentage |  | 100.00% |  |  |  |  |  |
Debt instrument, redemption price, percentage multiplyer |  | 2.875% |  |  |  |  |  |
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% |  |  |  |  |  |
6.25% senior convertible notes due 2022 | Convertible notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Interest rate | 6.25% |  |  |  |  |  |  |
Extinguishment of debt, amount | $ 138,000,000 |  |  |  |  |  |  |

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