Mortgages Payable (Tables)

12 Months Ended

Dec. 31, 2024

Debt Instrument [Line Items]

Schedule of Mortgages Payable

As of December 31, 2024 and 2023, the Company’s Mortgages payable, net consisted of the following (dollars in millions):

	Carrying Amount at December 31,						Interest Rate at December 31,		Maturity Date at
	2024			2023			2024	2023	December 31, 2024
Mortgages payable	$	498.1		$	355.7		3.33% - 7.08%	3.33% - 7.23%	Feb-2025 – Jun-2031
Fair value debt adjustments, net		(0.6	)		(0.6	)	n/a	n/a	n/a
Deferred financing costs, net		(1.1	)		(1.2	)	n/a	n/a	n/a
	$	496.4		$	353.9		4.39%*	4.22%*

* Weighted-average interest rate

Schedule of Maturities of All Mortgages Payable

During the year ended December 31, 2024, the Company fully repaid the following notes payables (dollars in millions):

Type	Date Paid	Amount Repaid		Interest Rate			Maturity Date
Unsecured note	Jan-24	$	246.2		4.45	%	Jan-24
Unsecured note	Mar-24	$	400.0		2.70	%	Mar-24

Mortgages [Member]

Debt Instrument [Line Items]

Schedule of Maturities of All Mortgages Payable

The scheduled principal payments (excluding any extension options available to the Company) of all mortgages payable, excluding unamortized fair value debt adjustments of $0.6 million and unamortized debt issuance costs of $1.1 million, as of December 31, 2024, were as follows (in millions):

	2025		2026		2027		2028		2029		Thereafter		Total
Principal payments	$	76.4	$	11.0	$	42.7	$	117.7	$	238.6	$	11.7	$	498.1