XML 46 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Mortgage Notes Payable, Credit Facilities and Senior Notes (Details Textual) - USD ($)
3 Months Ended
Feb. 01, 2018
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Nov. 10, 2017
Sep. 08, 2017
Jun. 30, 2017
Jul. 26, 2016
Sep. 29, 2015
Dec. 03, 2014
Dec. 09, 2013
Debt Instrument [Line Items]                      
Repayments of secured debt   $ 10,317,000 $ 189,000                
Term Loan Agreement                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   300,000,000   $ 300,000,000         $ 300,000,000    
Additional borrowing capacity                 $ 200,000,000    
Long term debt   $ 300,000,000                  
Interest rate during period (percentage)   2.70%                  
Remaining borrowing capacity   $ 0                  
Senior Notes Due 2024                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   250,000,000   250,000,000           $ 250,000,000.0  
Interest rate (percentage)                   4.00%  
Interest expense, debt   2,500,000 2,500,000                
Debt issuance costs, gross                   $ 2,200,000  
Amortization of debt discount (premium)   80,000 77,000                
Senior Notes Due 2023                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   250,000,000   250,000,000             $ 250,000,000.0
Interest rate (percentage)                     5.00%
Interest expense, debt   3,100,000 3,100,000                
Debt issuance costs, gross                     $ 2,600,000
Amortization of debt discount (premium)   $ 95,000 94,000                
Santa Teresa Village                      
Debt Instrument [Line Items]                      
Repayments of secured debt $ 10,100,000                    
Federal Funds Effective Swap Rate | Term Loan Agreement                      
Debt Instrument [Line Items]                      
Variable rate (percentage)   0.50%                  
Eurodollar | Term Loan Agreement                      
Debt Instrument [Line Items]                      
Variable rate (percentage)   1.10%                  
Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity           $ 600,000,000 $ 500,000,000.0        
Commitment fee (percentage)   0.20%                  
Fronting fee (percentage)   0.125%                  
Long-term, line of credit   $ 159,500,000   143,500,000              
Line of credit facility, interest rate during the period (percentage)   2.60%                  
Remaining borrowing capacity   $ 440,500,000                  
Revolving Credit Facility | Federal Funds Effective Swap Rate                      
Debt Instrument [Line Items]                      
Variable rate (percentage)   0.50%                  
Revolving Credit Facility | Eurodollar                      
Debt Instrument [Line Items]                      
Variable rate (percentage)   1.00%                  
Senior Notes | Senior Notes Due 2027                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   $ 250,000,000   250,000,000 $ 250,000,000            
Interest rate (percentage)         4.19%            
Interest expense, debt   2,600,000                  
Debt issuance costs, gross         $ 1,300,000            
Senior Notes | Senior Notes Due 2026                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   200,000,000   $ 200,000,000       $ 200,000,000.0      
Interest rate (percentage)               3.95%      
Interest expense, debt   2,000,000 $ 2,000,000                
Debt issuance costs, gross               $ 283,000      
Accordion Feature | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity   $ 1,200,000,000.0