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DEBT OBLIGATIONS - Line of Credit (Details) - Line of Credit - USD ($)
3 Months Ended
May 01, 2024
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Line of Credit        
Maximum borrowing capacity   $ 100,000,000    
Borrowing capacity available for renovation and operating expense purposes   $ 40,000,000    
Percentage of permitted borrowing base available for renovation and operating expense purposes   40.00%    
Unused facility fee (as a percent)   0.25%    
Line of credit   $ 0    
Line of credit, interest rate during the period 7.06%      
Remaining amount available to be borrowed under the facility $ 100,000,000 100,000,000    
Remaining borrowing capacity available for renovation and operating expense purposes $ 40,000,000 40,000,000    
Deferred financing costs   $ 503,000   $ 549,000
Weighted average        
Line of Credit        
Line of credit, interest rate during the period     6.23%  
SOFR        
Line of Credit        
Basis of interest rate   30-day SOFR    
Applicable margin (as a percent)   1.75% 1.75%  
SOFR | Minimum        
Line of Credit        
Applicable margin (as a percent)   1.75%    
SOFR | Maximum        
Line of Credit        
Applicable margin (as a percent)   2.75%