XML 77 R64.htm IDEA: XBRL DOCUMENT v3.22.4
DEBT OBLIGATIONS - Mortgages Payable (Details)
 12 Months Ended 36 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
item
Dec. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
item
Dec. 31, 2021
USD ($)
Mortgages payable, net          
Mortgages payable, gross   $ 409,175,000   $ 409,175,000 $ 399,660,000
Mortgages payable, net   405,162,000   405,162,000 396,344,000
Aggregate gross carrying value of real estate investments   879,596,000   879,596,000 837,641,000
Accumulated depreciation   $ 173,143,000   $ 173,143,000 160,664,000
Real Estate Investments with outstanding mortgages          
Mortgages payable, net          
Number of outstanding mortgages | item   66   66  
Aggregate gross carrying value of real estate investments   $ 647,524,000   $ 647,524,000  
Accumulated depreciation   111,847,000   111,847,000  
Mortgages payable          
Mortgages payable, net          
Mortgages payable, gross   409,175,000   409,175,000 399,660,000
Unamortized mortgage intangible asset   (658,000)   (658,000)  
Unamortized deferred financing costs   (3,355,000)   (3,355,000) (3,316,000)
Mortgages payable, net   $ 405,162,000   $ 405,162,000 $ 396,344,000
Weighted average interest rate (as a percent)   4.10%   4.10% 4.18%
Mortgages payable | Minimum          
Mortgages payable, net          
Interest rate after giving effect to interest rate swap agreements   3.02%      
Mortgages payable | Maximum          
Mortgages payable, net          
Interest rate after giving effect to interest rate swap agreements   5.50%      
Mortgages payable | COVID-19          
Mortgages payable, net          
Amount of deferred debt service payments repaid       $ 1,079,000  
Mortgages payable | COVID-19 | Debt service due in 2020 and 2021          
Mortgages payable, net          
Deferral of debt service payments     $ 1,670,000    
Mortgages payable | COVID-19 | Forecast          
Mortgages payable, net          
Amount of deferred debt service payments repaid $ 109,000