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DEBT OBLIGATIONS - Line of Credit (Details) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Jul. 01, 2022
Mar. 01, 2022
Line of credit, net, balances per the consolidated balance sheets          
Line of credit, net $ 11,484,000 $ 12,525,000      
Line of Credit          
Line of Credit          
Maximum borrowing capacity 100,000,000        
Borrowing capacity available for renovation and operating expense purposes $ 30,000,000        
Percentage of permitted borrowing base available for renovation and operating expense purposes 30.00%        
Borrowing capacity available for renovation expenses purposes $ 10,000,000        
Borrowing capacity available for operating expense purposes $ 20,000,000       $ 20,000,000
Unused facility fee (as a percent) 0.25%        
Line of credit, interest rate during the period 1.86% 2.53% 4.03%    
Line of credit, net, balances per the consolidated balance sheets          
Line of credit, gross $ 11,700,000 $ 12,950,000     $ 14,700,000
Unamortized deferred financing costs (216,000) (425,000)      
Line of credit, net $ 11,484,000 $ 12,525,000      
Line of Credit | Forecast          
Line of Credit          
Borrowing capacity available for renovation expenses purposes       $ 20,000,000  
Borrowing capacity available for operating expense purposes       $ 10,000,000  
Line of Credit | LIBOR          
Line of Credit          
Basis of interest rate one month LIBOR        
Applicable margin (as a percent) 1.75% 2.00%      
Line of Credit | LIBOR | Minimum          
Line of Credit          
Applicable margin (as a percent) 1.75%        
Line of Credit | LIBOR | Maximum          
Line of Credit          
Applicable margin (as a percent) 3.00%