v3.25.3
Mortgage Notes Payable, Net - Schedule of Long-term Debt Instruments (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]    
Outstanding loan amount $ 1,042,129  
Effective interest rate 7.00% 7.33%
Secured Term Loan 2 Due 2026 | LIBOR    
Debt Instrument [Line Items]    
Notional amount $ 330,200 $ 378,500
Secured Debt | Secured Term Loan 1 Due 2028    
Debt Instrument [Line Items]    
Encumbered Properties | property 15  
Outstanding loan amount $ 85,771 $ 116,037
Effective interest rate 4.60% 4.60%
Secured Debt | Secured Term Loan 2 Due 2026    
Debt Instrument [Line Items]    
Encumbered Properties | property 38  
Outstanding loan amount $ 330,248 $ 363,957
Effective interest rate 3.76% 3.63%
Secured Debt | Secured Term Loan 3 due 2031    
Debt Instrument [Line Items]    
Encumbered Properties | property 7  
Outstanding loan amount $ 33,066 $ 37,472
Effective interest rate 2.93% 2.93%
Secured Debt | Secured Term Loan 4 due 2033    
Debt Instrument [Line Items]    
Encumbered Properties | property 56  
Outstanding loan amount $ 219,500 $ 234,173
Effective interest rate 6.54% 6.54%
Mortgages    
Debt Instrument [Line Items]    
Encumbered Properties | property 123  
Outstanding loan amount $ 705,948 $ 789,647
Effective interest rate 4.70% 4.62%
Deferred financing costs, net of accumulated amortization $ (8,024) $ (9,304)
Mortgage premiums and discounts, net (1,118) (1,183)
Mortgage notes payable, net 696,806 779,160
Mortgages | Secured Term Loan 2 Due 2026    
Debt Instrument [Line Items]    
Outstanding loan amount   364,000
Mortgages | Capital One OMF Loan    
Debt Instrument [Line Items]    
Debt paydowns 33,700  
Mortgages | Multi-Property CMBS Loan    
Debt Instrument [Line Items]    
Debt paydowns 30,600  
Mortgages | Barclay's OMF Loan    
Debt Instrument [Line Items]    
Debt paydowns $ 14,700  
Mortgages | Single Property Mortgage 1 due 2047    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding loan amount $ 6,335 $ 6,471
Effective interest rate 4.04% 4.04%
Mortgages | Single Property Mortgage 2 due 2049    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding loan amount $ 14,519 $ 14,833
Effective interest rate 2.99% 2.99%
Mortgages | Single Property Mortgage 3 due 2049    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding loan amount $ 9,009 $ 9,204
Effective interest rate 2.99% 2.99%
Mortgages | Multi Property Mortgage 1 due 2034    
Debt Instrument [Line Items]    
Encumbered Properties | property 4  
Outstanding loan amount $ 7,500 $ 7,500
Effective interest rate 6.94% 6.94%