XML 70 R56.htm IDEA: XBRL DOCUMENT v3.23.2
Derivative Instruments and Hedging Activities (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
instrument
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
instrument
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Derivative [Line Items]          
Total return swap income $ 821,000 $ 2,283,000 $ 1,854,000 $ 4,827,000  
Unsecured debt          
Derivative [Line Items]          
Debt instrument face amount 300,000,000   300,000,000    
Multifamily Housing Mortgage Revenue Bonds          
Derivative [Line Items]          
Bond subject to interest rate caps $ 223,200,000   $ 223,200,000    
Interest Rate Swap | Unsecured debt          
Derivative [Line Items]          
Interest rate 4.20%   4.20%    
Total Return Swap, Callable          
Derivative [Line Items]          
Total return swap income $ 800,000 $ 2,300,000 $ 1,900,000 $ 4,800,000  
Designated as Hedging Instrument | Interest Rate Swap          
Derivative [Line Items]          
Derivative, notional amount 300,000,000   300,000,000    
Derivative asset 9,100,000   9,100,000   $ 5,600,000
Not Designated as Hedging Instrument | Total Return Swap, Callable          
Derivative [Line Items]          
Derivative, notional amount 223,200,000   223,200,000    
Derivative, fair value, net $ 0   $ 0   $ 0
Not Designated as Hedging Instrument | Total Return Swap, Callable | Multifamily Housing Mortgage Revenue Bonds          
Derivative [Line Items]          
Number of derivative instruments | instrument 4   4