XML 47 R35.htm IDEA: XBRL DOCUMENT v3.23.1
Investments in Partnerships - FDP Loan Agreement (Details) - USD ($)
1 Months Ended 3 Months Ended
Dec. 10, 2020
Jan. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Jul. 31, 2019
Jan. 31, 2018
Schedule Of Equity Method Investments [Line Items]            
Outstanding balance on partnership loans     $ 246,905,000 $ 214,008,000    
FDP Loan Agreement            
Schedule Of Equity Method Investments [Line Items]            
Long-term debt         $ 350,000,000.0 $ 250,000,000.0
Principal payment   $ 26,100        
Outstanding principal     78,300,000      
Outstanding balance on partnership loans     $ 246,900,000      
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     $ 50,000,000.0      
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     39,200,000      
Outstanding balance on partnership loans     $ 123,500,000      
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 $ 100,000,000.0          
Outstanding principal $ 301,000,000.0   $ 201,000,000.0      
Accrued interest percentage     15.00%      
Cash distributions description     50/50 cash distributions to the Company and its joint venture partner.