XML 81 R67.htm IDEA: XBRL DOCUMENT v3.25.1
Borrowings - Narrative (Details) - USD ($)
3 Months Ended
Feb. 28, 2025
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Line of Credit Facility [Line Items]        
Financing obligation, net   $ 53,989,000   $ 53,991,000
Tempe Student Housing        
Line of Credit Facility [Line Items]        
Financing obligation, net   54,000,000.0    
The Carmin | Student Housing        
Line of Credit Facility [Line Items]        
Ownership interest sold 40.00%      
Mortgages Payable        
Line of Credit Facility [Line Items]        
Principal balance   $ 303,375,000   285,266,000
Mortgages Payable | The Carmin | Student Housing | The Carmin        
Line of Credit Facility [Line Items]        
Debt extinguishment charges $ 34,000      
Mortgages Payable | Weighted average | The Carmin        
Line of Credit Facility [Line Items]        
Debt instrument, interest rate during period   6.15% 7.09%  
Revolving credit facility | Revolving Credit Facility        
Line of Credit Facility [Line Items]        
Current borrowing capacity   $ 100,000,000.0    
Maximum borrowing capacity   150,000,000.0    
Principal balance   $ 0   $ 0
Unused commitment fee   0.25%    
Revolving credit facility   $ 64,300,000    
Revolving credit facility | Revolving Credit Facility | Weighted average        
Line of Credit Facility [Line Items]        
Debt instrument, interest rate during period   6.12% 7.11%  
Revolving credit facility | Revolving Credit Facility | Federal funds rate        
Line of Credit Facility [Line Items]        
Variable interest rate   0.50%    
Revolving credit facility | Revolving Credit Facility | SOFR        
Line of Credit Facility [Line Items]        
Variable interest rate   1.00%