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Mortgage Notes, Lines of Credit and Bonds Payable (Details) - USD ($)
1 Months Ended 9 Months Ended
Oct. 17, 2024
Oct. 16, 2024
Oct. 16, 2024
Oct. 01, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Mortgage notes payable                
Principal outstanding             $ 393,963,000 $ 363,095,000
Book value of collateral             961,974,000  
Debt issuance costs             (1,719,000) (2,236,000)
Mortgage notes and bonds payable, net             $ 392,244,000 360,859,000
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] SOFR   SOFR       SOFR  
Accumulated amortization of deferred financing fees             $ 2,500,000 1,900,000
Subsequent event                
Mortgage notes payable                
Debt repaid   $ 189,400,000            
Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument                
Mortgage notes payable                
Notional amount             $ 33,200,000  
Farmer Mac Facility                
Mortgage notes payable                
Interest Rate (as a percent)             6.70%  
Principal outstanding             $ 25,000,000 30,000,000
Book value of collateral             92,944,000  
Remaining borrowing capacity             48,100,000 43,100,000
Additional bond purchase amount             200,000,000.0  
Farmer Mac Facility | Secured notes                
Mortgage notes payable                
Outstanding debt             $ 50,000,000.0 55,000,000.0
Margin added to reference rate (as a percent)             1.50%  
Commitment fees percentage             0.20%  
Farmer Mac Facility | Secured notes | Subsequent event                
Mortgage notes payable                
Debt repaid       $ 25,000,000.0        
Farmer Mac Facility | Secured notes | Maximum                
Mortgage notes payable                
Loan-to-value ratio (as a percent)             60.00%  
MetLife Facility                
Mortgage notes payable                
Interest Rate (as a percent)             7.45%  
Book value of collateral             $ 112,630,000  
MetLife Facility | Term Loan                
Mortgage notes payable                
Outstanding debt             $ 257,600,000 257,600,000
Maximum loan to value ratio             60.00%  
MetLife Facility | Term Loan | Minimum                
Mortgage notes payable                
Percentage of prepayment equal to unpaid principal balance             20.00%  
MetLife Facility | Term Loan | Maximum                
Mortgage notes payable                
Percentage of prepayment equal to unpaid principal balance             50.00%  
MetLife Facility | Term Loan                
Mortgage notes payable                
Outstanding debt             $ 50,000,000.0  
Amount borrowed             0  
MetLife Facility | Credit Facility                
Mortgage notes payable                
Remaining borrowing capacity             50,000,000.0  
Rutledge Credit Facilities                
Mortgage notes payable                
Debt issuance costs             (50,000.00)  
Outstanding debt             41,000,000.0 5,000,000.0
Remaining borrowing capacity             34,000,000.0  
Elimination of annual reduction ( in percent)         2.50%      
Commitment fees percentage         0.20%      
Maximum borrowing capacity         $ 75,000,000.0      
Recognized non-cash loss             $ 60,000.00  
Rutledge Credit Facilities | Subsequent event                
Mortgage notes payable                
Debt repaid       41,000,000.0        
Metlife Term Debt | Subsequent event                
Mortgage notes payable                
Debt repaid       $ 89,700,000        
SOFR | Farmer Mac Facility                
Mortgage notes payable                
Margin added to reference rate (as a percent)             1.50%  
SOFR | MetLife Facility                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.10%  
SOFR | MetLife Facility | Term Loan                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.10%  
SOFR | Rutledge Credit Facilities                
Mortgage notes payable                
Margin added to reference rate (as a percent)         1.40%   1.40%  
Farmer Mac Bond #6                
Mortgage notes payable                
Interest Rate (as a percent)             3.69%  
Principal outstanding             $ 13,827,000 13,827,000
Book value of collateral             $ 19,516,000  
Farmer Mac Bond #7                
Mortgage notes payable                
Interest Rate (as a percent)             3.68%  
Principal outstanding             $ 11,160,000 11,160,000
Book value of collateral             $ 8,258,000  
MetLife Term Loan #1                
Mortgage notes payable                
Interest Rate (as a percent)             5.55%  
Principal outstanding             $ 72,586,000 72,585,000
Book value of collateral             $ 102,171,000  
MetLife Term Loan #4                
Mortgage notes payable                
Interest Rate (as a percent)             5.55%  
Interest Rate Terms             3 years  
Principal outstanding             $ 5,757,000 5,756,000
Book value of collateral             $ 9,582,000  
MetLife Term Loan #5                
Mortgage notes payable                
Interest Rate (as a percent)             5.63%  
Interest Rate Terms             3 years  
Principal outstanding             $ 5,179,000 5,179,000
Book value of collateral             $ 7,378,000  
MetLife Term Loan #6                
Mortgage notes payable                
Interest Rate (as a percent)             5.55%  
Interest Rate Terms             3 years  
Principal outstanding             $ 21,726,000 21,726,000
Book value of collateral             $ 26,230,000  
MetLife Term Loan #7                
Mortgage notes payable                
Interest Rate (as a percent)             5.87%  
Interest Rate Terms             3 years  
Principal outstanding             $ 15,434,000 15,434,000
Book value of collateral             $ 29,725,000  
MetLife Term Loan #8                
Mortgage notes payable                
Interest Rate (as a percent)             4.12%  
Interest Rate Terms             10 years  
Principal outstanding             $ 44,000,000 44,000,000
Book value of collateral             $ 110,042,000  
Metlife Term Loan #9                
Mortgage notes payable                
Interest Rate (as a percent)             6.37%  
Interest Rate Terms             3 years  
Principal outstanding             $ 16,800,000 16,800,000
Book value of collateral             $ 33,720,000  
Metlife Term Loan #10                
Mortgage notes payable                
Interest Rate (as a percent)             6.36%  
Principal outstanding             $ 48,986,000 48,986,000
Book value of collateral             $ 94,846,000  
Metlife Term Loan #11                
Mortgage notes payable                
Interest Rate (as a percent)             2.85%  
Interest Rate Terms             3 years  
Principal outstanding             $ 12,750,000 12,750,000
Book value of collateral             $ 27,497,000  
Metlife Term Loan #11 | Subsequent event                
Mortgage notes payable                
Interest Rate (as a percent)       5.35%        
Metlife Term Loan #11 | Three-year U.S. Treasury rate                
Mortgage notes payable                
Adjustment term for interest rate             3 years  
Metlife Term Loan #11 | Three-year U.S. Treasury rate | Minimum                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.20%  
Metlife Term Loan #11 | Three-year U.S. Treasury rate | Maximum                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.85%  
Metlife Term Loan #12                
Mortgage notes payable                
Interest Rate (as a percent)             3.11%  
Interest Rate Terms             3 years  
Principal outstanding             $ 14,359,000 14,359,000
Book value of collateral             $ 14,784,000  
Metlife Term Loan #12 | Three-year U.S. Treasury rate                
Mortgage notes payable                
Adjustment term for interest rate             3 years  
Metlife Term Loan #12 | Three-year U.S. Treasury rate | Minimum                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.10%  
Metlife Term Loan #12 | Three-year U.S. Treasury rate | Maximum                
Mortgage notes payable                
Margin added to reference rate (as a percent)             2.75%  
Rabobank                
Mortgage notes payable                
Interest Rate (as a percent)             7.02%  
Principal outstanding             $ 45,399,000 $ 45,533,000
Book value of collateral             90,275,000  
Rabobank | Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument                
Mortgage notes payable                
Notional amount             33,200,000  
Adjustment amount of notional amount             $ 33,200,000  
Ratio of floating rate debt to total debt (as percent)             19.80% 28.30%
Rabobank | Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument | Subsequent event                
Mortgage notes payable                
Notional amount $ 11,800,000 $ 33,200,000 $ 33,200,000          
Rabobank | Secured notes                
Mortgage notes payable                
Outstanding debt             $ 45,400,000 $ 45,500,000
Amortization expense           $ 2,100,000    
Rabobank | Secured notes | Subsequent event                
Mortgage notes payable                
Debt repaid       $ 33,600,000        
Rabobank | SOFR                
Mortgage notes payable                
Margin added to reference rate (as a percent)             1.81%  
Rabobank | SOFR | Interest Rate Swap | Cash Flow Hedging | Designated as Hedging Instrument                
Mortgage notes payable                
Derivative basis spread on variable rate             2.114%  
Weighted average rate percentage             4.70%  
Rutledge Facility                
Mortgage notes payable                
Interest Rate (as a percent)             6.73%  
Principal outstanding             $ 41,000,000 $ 5,000,000
Book value of collateral             $ 182,376,000  
Rutledge Facility | SOFR                
Mortgage notes payable                
Margin added to reference rate (as a percent)             1.40%