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Debt - Additional Information (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2020
Dec. 31, 2021
Debt Instrument [Line Items]      
Line of credit facility, description (a) the prime rate, (b) the federal funds rate plus 0.50%, (c) Term SOFR plus 1.0% or (d) 0.0% plus a margin of 0.90% to 1.40%, depending on the Company’s total leverage ratio. An unused commitment fee at a rate of 0.15% or 0.25%    
Interest expense      
Debt Instrument [Line Items]      
Amortization of deferred financing fees $ 600,000 $ 600,000  
Corporate Credit Facility      
Debt Instrument [Line Items]      
Line of credit facility, available borrowing capacity $ 350,000.0    
Corporate Credit Facility | Nex Point Residential Trust Inc      
Debt Instrument [Line Items]      
Term (months) 1 year    
Term loan maturity date Jun. 30, 2024    
Percentage of benchmark replacement adjustment 0.001    
Line of credit facility, maximum borrowing capacity   $ 335,000,000.0  
Corporate Credit Facility | Nex Point Residential Trust Inc | Accordion Feature | Maximum      
Debt Instrument [Line Items]      
Line of credit facility, increase in facility amount $ 150,000,000.0    
SOFR | Corporate Credit Facility | Nex Point Residential Trust Inc | Maximum      
Debt Instrument [Line Items]      
Interest rate 2.40%    
SOFR | Corporate Credit Facility | Nex Point Residential Trust Inc | Minimum [Member]      
Debt Instrument [Line Items]      
Interest rate 1.90%    
Mortgages Payable      
Debt Instrument [Line Items]      
Weighted average interest rate of mortgage indebtedness 2.10%   1.81%
Adjusted weighted average interest rate 2.95%    
Weighted average fixed rate 1.2128%    
Mortgages Payable | One-month LIBOR      
Debt Instrument [Line Items]      
Weighted average interest rate of mortgage indebtedness 0.452%   0.10125%
Weighted average increase of spread in basis points 0.35%    
Mortgages Payable | Floating Interest Rate Swap      
Debt Instrument [Line Items]      
Combined notional amount $ 1,400,000,000    
Mortgages Payable | Interest Rate Swap      
Debt Instrument [Line Items]      
Indebtedness $ 1,400,000,000