XML 45 R33.htm IDEA: XBRL DOCUMENT v3.23.2
Investments in Partnerships - FDP Loan Agreement (Details) - USD ($)
$ in Thousands
1 Months Ended 6 Months Ended
Dec. 10, 2020
Apr. 30, 2023
Jan. 31, 2023
Jun. 30, 2023
Dec. 31, 2022
Jul. 31, 2019
Jan. 31, 2018
Schedule Of Equity Method Investments [Line Items]              
Outstanding balance on partnership loans       $ 249,215 $ 214,008    
FDP Loan Agreement              
Schedule Of Equity Method Investments [Line Items]              
Long-term debt           $ 350,000 $ 250,000
Principal payment   $ 2,500 $ 26,100        
Outstanding principal       75,800      
Outstanding balance on partnership loans       $ 249,200      
Debt instrument, maturity date       Jan. 22, 2024      
Debt instrument extension term       1 year      
Debt, variable interest rate       2.50%      
Percentage of full recourse guarantee       50.00%      
Full recourse guarantee amount       $ 50,000      
Debt yield covenant ratio     12.00%        
Joint ventures obligations     50.00%        
FDP Loan Agreement | Pennsylvania Real Estate Investment Trust              
Schedule Of Equity Method Investments [Line Items]              
Outstanding principal       37,900      
Outstanding balance on partnership loans       $ 124,600      
FDP Loan Agreement | Federal Funds Rate              
Schedule Of Equity Method Investments [Line Items]              
Debt, variable interest rate       0.50%      
FDP Loan Agreement | LIBOR Market Index Rate              
Schedule Of Equity Method Investments [Line Items]              
Debt, variable interest rate       1.00%      
FDP Loan Agreement | LIBOR              
Schedule Of Equity Method Investments [Line Items]              
Debt, variable interest rate       3.50%      
FDP Loan Agreement | Federal Fund Rate Plus One Half              
Schedule Of Equity Method Investments [Line Items]              
Debt, variable interest rate     0.50%        
FDP Loan Agreement | Adjusted Term SOFR for One Month Tenor Plus One Percent              
Schedule Of Equity Method Investments [Line Items]              
Debt, variable interest rate     1.00%        
FDP Loan Agreement | Partnership Loan              
Schedule Of Equity Method Investments [Line Items]              
Principal payment $ 100,000            
Outstanding principal $ 301,000     $ 201,000      
Accrued interest percentage       15.00%      
Cash distributions description       50/50 cash distributions to the Company and its joint venture partner.