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v3.19.1

Borrowings - Summary of Borrowings (Details) - USD ($) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2019 | Dec. 31, 2018
Debt Instrument [Line Items] |  |
Long-term debt | $ 333,935,000 | $ 335,888,000
MetLife Facility |  |
Debt Instrument [Line Items] |  |
Face amount of debt | 200,000,000 |
Additional available amount | $ 20,400,000 |
Minimum annualized rate | 2.50% |
MetLife Facility | Minimum |  |
Debt Instrument [Line Items] |  |
Commitment fee percentage | 0.10% |
Unused capacity, commitment fee percentage | 0.10% |
MetLife Facility | Maximum |  |
Debt Instrument [Line Items] |  |
Commitment fee percentage | 0.20% |
Unused capacity, commitment fee percentage | 0.20% |
Mortgage notes and bonds payable |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | $ 336,117,000 | 338,126,000
Debt issuance costs – notes and bonds payable | 2,282,000 | 2,338,000
Long-term debt | 333,835,000 | 335,788,000
New MetLife Facility |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | 124,383,000 |
Notes payable to bank | MetLife Facility |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | 124,283,000 |
Face amount of debt | 200,000,000 |
Undrawn commitment | 64,374,000 |
Notes payable to bank | Fixed-rate notes payable |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | $ 245,488,000 | 247,249,000
Notes payable to bank | Fixed-rate notes payable | Minimum |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 3.16% |
Notes payable to bank | Fixed-rate notes payable | Maximum |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 5.70% |
Notes payable to bank | Fixed-rate notes payable | Weighted average |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 3.97% |
Notes payable to bank | New MetLife Facility |  |
Debt Instrument [Line Items] |  |
Stated interest rate, weighted average (as percent) | 3.30% |
Bonds payable | Fixed-rate bonds payable |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | $ 90,629,000 | 90,877,000
Bonds payable | Fixed-rate bonds payable | Minimum |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 2.80% |
Bonds payable | Fixed-rate bonds payable | Maximum |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 4.57% |
Bonds payable | Fixed-rate bonds payable | Weighted average |  |
Debt Instrument [Line Items] |  |
Stated interest rate (as percent) | 3.55% |
Line of credit | MetLife Facility |  |
Debt Instrument [Line Items] |  |
Notes and bonds payable | $ 100,000 |
Face amount of debt | 75,000,000 |
Undrawn commitment | $ 74,900,000 |
Interest rate, effective percentage | 5.05% |
Line of credit | Variable-rate revolving lines of credit | Revolving credit facility |  |
Debt Instrument [Line Items] |  |
Long-term debt | $ 100,000 | $ 100,000
Stated interest rate (as percent) | 5.05% |
LIBOR | Line of credit | New MetLife Facility |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 2.25% |

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