XML 83 R66.htm IDEA: XBRL DOCUMENT v3.24.1
Borrowings - Schedule of Mortgage Notes Payable, Net (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Debt Instrument [Line Items]      
Loss on debt extinguishment $ 632 $ 0 $ 0
Mortgages Notes Payable      
Debt Instrument [Line Items]      
Mortgage payable 339,034 378,623  
Deferred financing costs, net (2,290) (3,890)  
Mortgages payable, net $ 336,744 374,733  
Mortgages Notes Payable | Cortona at Forest Park      
Debt Instrument [Line Items]      
Interest rate 2.65%    
Maximum Principal Amount $ 45,000    
Mortgage payable $ 0 $ 45,000  
Weighted average interest rate 7.35% 3.82%  
Mortgages Notes Payable | Bixby Kennesaw      
Debt Instrument [Line Items]      
Maximum Principal Amount $ 53,000    
Mortgage payable $ 53,000 $ 53,000  
Weighted average interest rate 6.62% 3.18%  
Mortgages Notes Payable | The Carmin (f/k/a Tempe Student Housing)      
Debt Instrument [Line Items]      
Maximum Principal Amount $ 65,500    
Mortgage payable $ 65,500 $ 65,500  
Weighted average interest rate 6.52% 2.78%  
Mortgages Notes Payable | Cortlandt Crossing      
Debt Instrument [Line Items]      
Interest rate 3.13%    
Maximum Principal Amount $ 39,660    
Mortgage payable 39,660 $ 39,660  
Mortgages Notes Payable | Everly Roseland      
Debt Instrument [Line Items]      
Maximum Principal Amount 113,500    
Mortgage payable $ 110,874 $ 105,463  
Debt instrument, interest rate during period 6.48% 4.16%  
Mortgages Notes Payable | Midwest Industrial Portfolio      
Debt Instrument [Line Items]      
Interest rate 4.44%    
Maximum Principal Amount $ 70,000    
Mortgage payable $ 70,000 $ 70,000  
Mortgages Notes Payable | Midwest Industrial Portfolio, One      
Debt Instrument [Line Items]      
Interest rate 4.44%    
Maximum Principal Amount $ 35,000    
Mortgages Notes Payable | Midwest Industrial Portfolio, Two      
Debt Instrument [Line Items]      
Interest rate 2.20%    
Maximum Principal Amount $ 35,000    
Debt instrument, interest rate during period 6.71% 4.54%  
Mortgages Notes Payable | SOFR | Cortona at Forest Park      
Debt Instrument [Line Items]      
Variable interest rate 2.51%    
Mortgages Notes Payable | SOFR | Bixby Kennesaw      
Debt Instrument [Line Items]      
Variable interest rate 1.71%    
Mortgages Notes Payable | SOFR | The Carmin (f/k/a Tempe Student Housing)      
Debt Instrument [Line Items]      
Variable interest rate 1.75%    
Mortgages Notes Payable | SOFR | Everly Roseland      
Debt Instrument [Line Items]      
Variable interest rate 1.45%    
Mortgages Notes Payable | SOFR | Midwest Industrial Portfolio, Two      
Debt Instrument [Line Items]      
Variable interest rate 1.70%