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Debt Obligations, net (Schedule of Debt) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Debt Instrument [Line Items]      
Total debt obligations $ 219,990    
Debt discounts and deferred financing costs, net (2,641)    
Total debt obligations, net [1] 217,349 $ 192,895  
Interest costs capitalized 2,700 2,100  
Secured Debt      
Debt Instrument [Line Items]      
Total debt obligations 219,990 196,914  
Debt discounts and deferred financing costs, net (2,641) (4,019)  
Total debt obligations, net 217,349 192,895  
Secured Debt | Safe Credit Facility      
Debt Instrument [Line Items]      
Total debt obligations $ 115,000 $ 115,000  
Stated interest rate 8.00% 8.00%  
Secured Debt | Safe Credit Facility | Safehold Inc.      
Debt Instrument [Line Items]      
Stated interest rate     8.00%
Secured Debt | Margin Loan Facility      
Debt Instrument [Line Items]      
Total debt obligations $ 89,175 $ 81,914  
Basis point spread on variable interest rate 3.00% 3.00%  
Debt Instrument, Variable Interest Rate, Type us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember  
Increase in basis point spread for the period immediately succeeding a period in which the Company makes a PIK election. 0.25%    
Secured Debt | Senior Construction Mortgage Loan      
Debt Instrument [Line Items]      
Total debt obligations $ 15,815    
Basis point spread on variable interest rate 6.85%    
Debt Instrument, Variable Interest Rate, Type us-gaap:SecuredOvernightFinancingRateSofrMember    
[1] Refer to Note 2 for details on the Company’s combined and consolidated variable interest entities (“VIEs”).