XML 76 R67.htm IDEA: XBRL DOCUMENT v3.24.0.1
Unsecured and Secured Indebtedness - Additional Information (Detail) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Aug. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Debt Instrument [Line Items]        
Covenant terms   The fixed-rate senior notes were issued pursuant to indentures that contain certain covenants, including limitations on incurrence of debt, maintenance of unencumbered real estate assets and debt service coverage. The covenants also provide that the cumulative dividends declared or paid from December 31, 1993, through the end of the current period cannot exceed Funds From Operations (as defined in the agreement) plus an additional $20.0 million for the same period unless required to maintain REIT status. Interest is paid semiannually in arrears. At December 31, 2023 and 2022, the Company was in compliance with all of the financial covenants under the indentures.    
Covenant compliance   At December 31, 2023 and 2022, the Company was in compliance with all of the financial covenants under the indentures.    
Revolving credit facility   $ 0 $ 0  
Gross fees paid for revolving credit facilities and term loans   2,100 2,200 $ 2,100
Mortgage Payable [Member]        
Debt Instrument [Line Items]        
Net book value of investments and real estate collateralizing mortgages payable   $ 119,900    
Mortgage Payable [Member] | Minimum [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Interest Rate   3.80%    
Mortgage Payable [Member] | Maximum [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Interest Rate   6.70%    
Term Loan [Member]        
Debt Instrument [Line Items]        
Outstanding borrowings   $ 200,000 $ 200,000  
Fixed interest rate   3.80% 3.80%  
Term Loan [Member] | SOFR [Member]        
Debt Instrument [Line Items]        
Term loan $ 200,000      
Percentage of converted fixed interest rate 2.75%      
Revolving Credit Facility [Member]        
Debt Instrument [Line Items]        
Revolving credit facility   $ 0 $ 0  
Revolving Credit Facility [Member] | SOFR [Member]        
Debt Instrument [Line Items]        
Specified spread line of credit   10 basis-point    
Senior Notes [Member]        
Debt Instrument [Line Items]        
Senior notes, Weighted Average Interest Rate   4.20% 4.10%  
Unsecured Debt [Member] | Revolving Credit Facility [Member]        
Debt Instrument [Line Items]        
Covenant compliance   The Company was in compliance with these financial covenants at December 31, 2023 and 2022.    
Unsecured Debt [Member] | Revolving Credit Facility [Member] | Alternative Base Rate [Member]        
Debt Instrument [Line Items]        
Specified spread line of credit facility   0.00%    
Unsecured Debt [Member] | Revolving Credit Facility [Member] | SOFR [Member]        
Debt Instrument [Line Items]        
Specified spread line of credit facility   0.85%    
Unsecured Debt [Member] | Wells Fargo Bank National Association [Member] | Term Loan [Member]        
Debt Instrument [Line Items]        
Debt instrument, maximum increasable amount     $ 800,000  
Term loan maturity date     2027-06  
Delayed draw feature amount     $ 100,000  
Amount of term loan amended and restated     $ 100,000  
Covenant compliance   Company was in compliance with these financial covenants at December 31, 2023 and 2022    
Unsecured Debt [Member] | Wells Fargo Bank National Association [Member] | Term Loan [Member] | Alternative Base Rate [Member]        
Debt Instrument [Line Items]        
Specified spread line of credit facility   0.00%    
Unsecured Debt [Member] | Wells Fargo Bank National Association [Member] | Term Loan [Member] | SOFR [Member]        
Debt Instrument [Line Items]        
Specified spread line of credit facility   0.95%    
Specified spread line of credit   10-basis point