XML 65 R54.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revolving Credit Facility - Narrative (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 12, 2023
USD ($)
Apr. 08, 2022
Jun. 30, 2024
USD ($)
$ / shares
Jun. 30, 2023
USD ($)
Sep. 30, 2020
Jun. 30, 2024
USD ($)
extension
$ / shares
Jun. 30, 2023
USD ($)
Dec. 31, 2023
$ / shares
Sep. 11, 2023
USD ($)
Line of Credit Facility [Line Items]                  
Loss on extinguishment of debt     $ 13,090,000 $ 404,000   $ 13,148,000 $ 404,000    
Maximum distribution as percentage of FFO         100.00% 100.00%      
Maximum distribution as percentage of AFFO           105.00%      
Maximum distribution as percentage of FFO, under exception         105.00%        
Series A Preferred Stock                  
Line of Credit Facility [Line Items]                  
Preferred stock, dividend rate           7.25%   7.25%  
Preferred stock, par value (in dollars per share) | $ / shares     $ 0.01     $ 0.01   $ 0.01  
Series B Preferred Stock                  
Line of Credit Facility [Line Items]                  
Preferred stock, dividend rate           6.875%   6.875%  
Preferred stock, par value (in dollars per share) | $ / shares     $ 0.01     $ 0.01   $ 0.01  
Credit Facility Amendment | KeyBank National Association | Base Rate                  
Line of Credit Facility [Line Items]                  
Interest rate spread   0.00%              
Credit Facility                  
Line of Credit Facility [Line Items]                  
Weighted-average effective interest rate     5.40%     5.40%      
Revolving Credit Facility | Credit Facility Amendment | Minimum | Base Rate                  
Line of Credit Facility [Line Items]                  
Interest rate spread   0.30%              
Revolving Credit Facility | Credit Facility Amendment | Minimum | Secured Overnight Financing Rate (SOFR)                  
Line of Credit Facility [Line Items]                  
Interest rate spread   1.30%              
Revolving Credit Facility | Credit Facility Amendment | Maximum | Base Rate                  
Line of Credit Facility [Line Items]                  
Interest rate spread   0.90%              
Revolving Credit Facility | Credit Facility Amendment | Maximum | Secured Overnight Financing Rate (SOFR)                  
Line of Credit Facility [Line Items]                  
Interest rate spread   1.90%              
Revolving Credit Facility | Credit Facility Amendment | KeyBank National Association | Unsecured Debt                  
Line of Credit Facility [Line Items]                  
Increase in lender commitments $ 500,000,000.0                
Maximum borrowing capacity (up to) 1,950,000,000               $ 1,450,000,000
Revolving Credit Facility | Credit Facility                  
Line of Credit Facility [Line Items]                  
Available for future borrowings     $ 98,100,000     $ 98,100,000      
Principal amount           $ 100,000,000      
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt                  
Line of Credit Facility [Line Items]                  
Facility fee multiplier           0.0030      
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt | Above Threshold                  
Line of Credit Facility [Line Items]                  
Unused capacity commitment fee           0.25%      
Commitment fee percentage     50.00%     50.00%      
Revolving Credit Facility | Credit Facility | KeyBank National Association | Unsecured Debt | Below Threshold                  
Line of Credit Facility [Line Items]                  
Unused capacity commitment fee           0.15%      
Commitment fee percentage     50.00%     50.00%      
Letter of Credit | Credit Facility Amendment | KeyBank National Association | Unsecured Debt                  
Line of Credit Facility [Line Items]                  
Maximum borrowing capacity (up to) 75,000,000.0               50,000,000.0
Bridge Loan | Credit Facility Amendment | KeyBank National Association | Unsecured Debt                  
Line of Credit Facility [Line Items]                  
Maximum borrowing capacity (up to) $ 75,000,000.0               $ 50,000,000.0
Term Loan | Credit Facility Amendment | KeyBank National Association | Unsecured Debt                  
Line of Credit Facility [Line Items]                  
Number of extensions | extension           2      
Extension term           6 months