XML 55 R48.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Derivative Instruments - Summary of Derivative Financial Instruments (Detail)
6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 30, 2024
CAD ($)
Dec. 31, 2023
CAD ($)
Bank of Montreal Loan        
Derivative [Line Items]        
Notional amount     $ 21,625,000 [1] $ 21,625,000 [2]
Strike 4.47% [1] 4.47% [2] 4.47% [1] 4.47% [2]
Effective Date May 04, 2023 [1] May 04, 2023 [2]    
Maturity Date May 04, 2026 [1] May 04, 2026 [2]    
Ontario Loan        
Derivative [Line Items]        
Notional amount     $ 126,776,000 [3] $ 127,200,000 [4]
Strike 4.73% [3] 4.73% [4] 4.73% [3] 4.73% [4]
Effective Date Jun. 15, 2023 [3] Jun. 15, 2023 [4]    
Maturity Date Jun. 15, 2026 [3] Jun. 15, 2026 [4]    
Foreign Currency Hedges        
Derivative [Line Items]        
Notional amount     $ 200,000,000 [5] $ 200,000,000 [6]
Strike 1.39% [5] 1.39% [6] 1.39% [5] 1.39% [6]
Effective Date Dec. 22, 2023 [5] Dec. 22, 2023 [6]    
Maturity Date Dec. 20, 2024 [5] Dec. 20, 2024 [6]    
CORRA | Burlington Loan        
Derivative [Line Items]        
Notional amount [1]     $ 15,345,000  
Strike [1] 4.02%   4.02%  
Effective Date [1] Sep. 27, 2022      
Maturity Date [1] Sep. 20, 2025      
CORRA | Cambridge Loan        
Derivative [Line Items]        
Notional amount [1]     $ 14,391,680  
Strike [1] 3.52%   3.52%  
Effective Date [1] Apr. 30, 2024      
Maturity Date [1] Dec. 22, 2025      
CORRA | North York Loan        
Derivative [Line Items]        
Notional amount [1]     $ 24,583,333  
Strike [1] 3.79%   3.79%  
Effective Date [1] Jan. 31, 2023      
Maturity Date [1] Feb. 02, 2026      
CDOR | Burlington Loan        
Derivative [Line Items]        
Notional amount [2]       $ 15,675,000
Strike [2]   4.02%   4.02%
Effective Date [2]   Sep. 27, 2022    
Maturity Date [2]   Sep. 20, 2025    
CDOR | Cambridge Loan        
Derivative [Line Items]        
Notional amount [2]       $ 15,044,683
Strike [2]   3.83%   3.83%
Effective Date [2]   Dec. 20, 2022    
Maturity Date [2]   Dec. 22, 2025    
CDOR | North York Loan        
Derivative [Line Items]        
Notional amount [2]       $ 25,000,000
Strike [2]   3.79%   3.79%
Effective Date [2]   Jan. 31, 2023    
Maturity Date [2]   Feb. 02, 2026    
SOFR | Huntington Credit Facility I        
Derivative [Line Items]        
Notional amount [7]   $ 38,000,000    
Strike [7]   4.01%   4.01%
Effective Date [7]   Apr. 12, 2023    
Maturity Date [7]   Nov. 28, 2025    
SOFR | Huntington Credit Facility II        
Derivative [Line Items]        
Notional amount [7]   $ 22,000,000    
Strike [7]   4.01%   4.01%
Effective Date [7]   Apr. 12, 2023    
Maturity Date [7]   Nov. 28, 2025    
SOFR | Huntington Credit Facility III        
Derivative [Line Items]        
Notional amount [8] $ 38,000,000      
Strike [8] 2.92%   2.92%  
Effective Date [8] Mar. 01, 2024      
Maturity Date [8] Nov. 28, 2025      
SOFR | Huntington Credit Facility IV        
Derivative [Line Items]        
Notional amount [8] $ 22,000,000      
Strike [8] 2.92%   2.92%  
Effective Date [8] Mar. 01, 2024      
Maturity Date [8] Nov. 28, 2025      
SOFR Cap | Huntington Credit Facility        
Derivative [Line Items]        
Notional amount $ 47,574,000 [9] $ 47,574,000 [10]    
Strike 1.10% [9] 1.10% [10] 1.10% [9] 1.10% [10]
Effective Date Sep. 28, 2023 [9] Sep. 28, 2023 [10]    
Maturity Date Nov. 28, 2025 [9] Nov. 28, 2025 [10]    
[1] Notional amounts are denominated in CAD and have been designated as a cash flow hedge.
[2] Notional amounts are denominated in CAD and have been designated as a cash flow hedge.
[3] Notional amount is denominated in CAD and we have elected not to apply hedge accounting.
[4] Notional amount is denominated in CAD and we have elected not to apply hedge accounting.
[5] Notional amount is denominated in CAD and was partially designated for hedge accounting.
[6] Notional amount is denominated in CAD and was partially designated for hedge accounting.
[7] Notional amounts are denominated in USD and have been designated as a cash flow hedge.
[8] Notional amounts are denominated in USD and have been designated as a cash flow hedge.
[9] Notional amount is denominated in USD and we have elected not to apply hedge accounting.
[10] Notional amount is denominated in USD and we have elected not to apply hedge accounting.