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Bank Note Payable, Term Loans Payable and Senior Notes (Details) - USD ($) $ / shares in Units, $ in Thousands |  |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2025 | Feb. 21, 2024 | Jan. 31, 2024 | Feb. 10, 2023 | Feb. 28, 2025 | Jun. 30, 2024 | Mar. 31, 2024 | Jun. 30, 2023 | Mar. 31, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Mar. 25, 2025 | Dec. 31, 2023
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Repayments of unsecured debt |  |  |  |  |  |  |  |  |  | $ 28,963 | $ 40,000 |  |
Loss on extinguishment of debt |  |  |  |  |  |  |  |  |  | (137) | (67) |  |
Unsecured term loan |  |  |  |  |  | $ 149,604 |  |  |  | 149,604 |  |  | $ 114,707
Received an aggregate amount |  |  |  |  |  |  |  |  |  |  | $ 4,206 |  |
Distributions common stock (in dollars per share) |  |  |  |  |  | $ 0.01 | $ 0.01 | $ 0.09 | $ 0.01 |  |  |  |
Borrowings outstanding |  |  |  |  |  |  |  |  |  |  |  |  | $ 90,000
Bank's base rate |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 6.00% |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  |  |  |  |  | $ 86,000 |  |  |  | $ 86,000 |  |  |
Interest rate during period (as a percent) |  |  |  |  |  |  |  |  |  | 8.45% |  |  |
Weighted average interest rate (as a percent) |  |  |  |  |  | 8.45% |  |  |  | 8.45% |  |  | 8.11%
Effective interest rate (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  | 8.47%
Portion to be retained |  | 10.00% |  |  |  |  |  |  |  |  |  |  |
Mandatory prepayments of term loan |  | 25.55556% |  |  |  |  |  |  |  |  |  |  |
Threshold period to provide guarantee |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Threshold period to pledge equity interests |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Repayment of loan |  | $ 29,000 |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed charge coverage ratio |  | 1.25 | 1.50 |  |  |  |  |  |  |  |  |  |
Unsecured interest charge coverage ratio |  | 1.25 | 1.75 |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted maximum quarterly common stock dividend per share |  |  |  | $ 0.01 |  |  |  |  |  |  |  |  |
BMO Term Loan | BMO Interest Rate Swap |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Received an aggregate amount |  |  |  | $ 4,300 |  |  |  |  |  |  |  |  |
Interest receivable portion of proceeds from termination of interest rate swap |  |  |  | $ 100 |  |  |  |  |  |  |  |  |
BMO Term Loan | SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 3.00% | 3.00% |  | 3.00% |  |  |  |  |  |  |  |
Percentage points of floor rate |  | 5.00% |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | SOFR | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 4.00% |  |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | SOFR | If aggregate principal amount exceeds $200 million |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Increase in basis spread | 1.00% |  |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | One Month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.11448% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 1 month |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Three month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.26161% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 3 months |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Six month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.42826% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 6 months |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | LIBOR | Hedged portion |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate (as a percent) |  |  |  | 2.39% |  |  |  |  |  |  |  |  |
BMO Term Loan | Bank's base rate |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 3.00% |  | 2.00% |  | 2.00% |  |  |  |  |  |  |  |
Percentage points of floor rate |  | 6.00% |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Bank's base rate | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 2.00% |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan | Revolving Credit Facility | Bank's base rate |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 2.00% |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan, the BofA Term Loan and the Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  | $ 200,000 |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan, the BofA Term Loan and the Senior Notes | SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  |  |  |  | 3.00% |  |  |  |  |  |  |  |
Increase in basis spread | 1.00% |  |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan, the BofA Term Loan and the Senior Notes | SOFR | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 4.00% |  |  |  |  |  |  |  |  |  |  |  |
BMO Term Loan, the BofA Term Loan and the Senior Notes | Bank's base rate |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 3.00% |  |  |  | 2.00% |  |  |  |  |  |  |  |
BMO Term Loan, the BofA Term Loan and the Senior Notes | Bank's base rate | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 3.00% |  |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  |  |  |  |  | $ 67,300 |  |  |  | $ 67,300 |  |  |
Restricted maximum quarterly common stock dividend per share |  | $ 0.01 |  |  |  |  |  |  |  |  |  |  |
Weighted average interest rate (as a percent) |  |  |  |  |  | 8.44% |  |  |  | 8.44% |  |  | 8.05%
Effective interest rate (as a percent) |  |  |  |  |  | 8.45% |  |  |  | 8.45% |  |  | 8.47%
Portion to be retained |  | 10.00% |  |  |  |  |  |  |  |  |  |  |
Mandatory prepayments of term loan |  | 20.00% |  |  |  |  |  |  |  |  |  |  |
Threshold period to provide guarantee |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Threshold period to pledge equity interests |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Repayment of loan |  | $ 22,700 |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed charge coverage ratio |  | 1.25 | 1.50 |  |  |  |  |  |  |  |  |  |
Unsecured interest charge coverage ratio |  | 1.25 | 1.75 |  |  |  |  |  |  |  |  |  |
BofA Term Loan | SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 3.00% |  |  | 3.00% |  |  |  |  | 3.00% |  |  |
Percentage points of floor rate |  | 5.00% |  |  |  |  |  |  |  |  |  |  |
Increase in basis spread | 1.00% |  |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | SOFR | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) | 4.00% |  |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | One Month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.11448% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 1 month |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | Three month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.26161% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 3 months |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | Six month SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 0.42826% |  |  |  |  |  |  |  |  |  |  |
Term of SOFR |  | 6 months |  |  |  |  |  |  |  |  |  |  |
BofA Term Loan | Bank's base rate |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate (as a percent) |  | 2.00% |  |  |  |  |  |  |  |  |  |  |
Percentage points of floor rate |  | 6.00% |  |  |  |  |  |  |  |  |  |  |
Senior notes |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  |  |  |  |  | $ 149,600 |  |  |  | $ 149,600 |  |  |
Restricted maximum quarterly common stock dividend per share |  | $ 0.01 |  |  |  |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  | 8.00% |  |  |  |  |  |  |  |  | 9.00% |
Increase in basis spread |  | 1.00% |  |  |  |  |  |  |  |  |  |  |
Portion to be retained |  | 10.00% |  |  |  |  |  |  |  |  |  |  |
Mandatory prepayments of term loan |  | 44.44444% |  |  |  |  |  |  |  |  |  |  |
Threshold period to provide guarantee |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Threshold period to pledge equity interests |  | 90 days |  |  |  |  |  |  |  |  |  |  |
Series A Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  |  |  |  |  | 86,800 |  |  |  | 86,800 |  |  |
Borrowings |  |  |  |  |  | $ 86,800 |  |  |  | $ 86,800 |  |  |
Interest rate (as a percent) |  | 8.00% | 4.49% |  |  | 8.00% |  |  |  | 8.00% |  |  | 4.49%
Repayment of loan |  | $ 29,200 |  |  |  |  |  |  |  |  |  |  |
Series B Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Bank Note Payable, Term Loans Payable and Senior Notes |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amount of loan |  |  |  |  |  | $ 62,800 |  |  |  | $ 62,800 |  |  |
Borrowings |  |  |  |  |  | $ 62,800 |  |  |  | $ 62,800 |  |  |
Interest rate (as a percent) |  | 8.00% | 4.76% |  |  | 8.00% |  |  |  | 8.00% |  |  | 4.76%
Repayment of loan |  | $ 21,200 |  |  |  |  |  |  |  |  |  |  |

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