XML 81 R67.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt and Preferred Equity Investments - Debt and Preferred Equity Investments (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Debt Instrument [Line Items]    
Carrying Value $ 663,985 $ 1,088,723
Senior Financing 1,913,817  
Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 189,449  
Face Value 189,978  
Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 474,536  
Face Value 482,631  
Senior Mortgage Debt    
Debt Instrument [Line Items]    
Carrying Value 32,616  
Senior Financing $ 0  
Weighted Average Yield at End of Period 7.21%  
Senior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value $ 32,616  
Face Value 32,658  
Senior Mortgage Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 0  
Face Value $ 0  
Interest Rate 0.00%  
Mezzanine Debt    
Debt Instrument [Line Items]    
Carrying Value $ 513,480  
Senior Financing $ 1,663,817  
Weighted Average Yield at End of Period 6.27%  
Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value $ 156,833  
Face Value 157,320  
Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 356,647  
Face Value 364,742  
Preferred Equity    
Debt Instrument [Line Items]    
Carrying Value 117,889  
Senior Financing $ 250,000  
Weighted Average Yield at End of Period 6.55%  
Preferred Equity | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value $ 0  
Face Value 0  
Preferred Equity | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 117,889  
Face Value $ 117,889  
Interest Rate 6.50%  
Minimum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest Rate 7.00%  
Maximum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest Rate 14.30%  
LIBOR | Minimum | Senior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 3.50%  
LIBOR | Minimum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.95%  
LIBOR | Maximum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 12.38%