XML 63 R52.htm IDEA: XBRL DOCUMENT v3.22.2
Derivative Financial Instruments Derivative Financial Instruments - Schedule of LIBOR interest rate caps (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Apr. 07, 2022
Jan. 11, 2022
Dec. 31, 2021
Jun. 16, 2021
May 05, 2021
Mar. 04, 2021
Feb. 02, 2021
Nov. 01, 2020
Jul. 01, 2020
Derivative [Line Items]                    
Notional Amount $ 1,123,710     $ 1,073,587            
Interest rate caps                    
Derivative [Line Items]                    
Cap rate purchased, interest rate 1.00%                  
Interest rate caps | Minimum                    
Derivative [Line Items]                    
Strike Rate 1.00%                  
Interest rate caps | Maximum                    
Derivative [Line Items]                    
Strike Rate 3.00%                  
Interest rate caps | LIBOR                    
Derivative [Line Items]                    
Notional Amount $ 907,516                  
Premium Paid $ 5,741                  
Interest rate cap 0.50% LIBOR one | LIBOR                    
Derivative [Line Items]                    
Notional Amount           $ 50,000        
Strike Rate           0.50%        
Interest rate cap 0.50% LIBOR two | LIBOR                    
Derivative [Line Items]                    
Notional Amount           $ 35,100        
Strike Rate           0.50%        
Interest Rate Cap Two                    
Derivative [Line Items]                    
Cap rate sold, interest rate 3.00%                  
Designated as accounting hedge | Interest rate caps                    
Derivative [Line Items]                    
Notional Amount $ 360,472     384,375            
Designated as accounting hedge | Interest rate caps | LIBOR                    
Derivative [Line Items]                    
Notional Amount                   $ 100,000
Strike Rate                   0.50%
Premium Paid                   $ 232
Designated as accounting hedge | Interest rate caps | Secured Overnight Financing Rate (SOFR)                    
Derivative [Line Items]                    
Notional Amount 73,562               $ 84,375  
Strike Rate                 1.84%  
Premium Paid $ 1,370               $ 91  
Designated as accounting hedge | Interest rate caps | Secured Overnight Financing Rate (SOFR) | Minimum                    
Derivative [Line Items]                    
Strike Rate 1.00%                  
Designated as accounting hedge | Interest rate caps | Secured Overnight Financing Rate (SOFR) | Maximum                    
Derivative [Line Items]                    
Strike Rate 3.00%                  
Designated as accounting hedge | Interest rate caps | BSBY                    
Derivative [Line Items]                    
Notional Amount   $ 175,000                
Premium Paid   $ 3,595                
Designated as accounting hedge | Interest rate caps | BSBY | Minimum                    
Derivative [Line Items]                    
Strike Rate   1.00%                
Designated as accounting hedge | Interest rate caps | BSBY | Maximum                    
Derivative [Line Items]                    
Strike Rate   3.00%                
Not designated as accounting hedges                    
Derivative [Line Items]                    
Notional Amount $ 524,579     449,579            
Not designated as accounting hedges | Interest rate caps                    
Derivative [Line Items]                    
Notional Amount $ 474,579     $ 399,579            
Not designated as accounting hedges | Interest rate caps | LIBOR                    
Derivative [Line Items]                    
Notional Amount         $ 100,000   $ 14,479 $ 100,000    
Strike Rate         0.50%   2.50% 0.50%    
Premium Paid         $ 120   $ 4 $ 45    
Not designated as accounting hedges | Interest rate caps | BSBY                    
Derivative [Line Items]                    
Notional Amount     $ 175,000              
Strike Rate     4.00%              
Premium Paid     $ 154              
Not designated as accounting hedges | Interest rate cap 0.50% LIBOR one | LIBOR                    
Derivative [Line Items]                    
Notional Amount           $ 50,000        
Strike Rate           0.50%        
Premium Paid           $ 75        
Not designated as accounting hedges | Interest rate cap 0.50% LIBOR two | LIBOR                    
Derivative [Line Items]                    
Notional Amount           $ 35,100        
Strike Rate           0.50%        
Premium Paid           $ 55