v3.25.2
Debt - Mortgage Loans - Schedule and Narratives (Details) - USD ($)
$ in Thousands
1 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Feb. 28, 2025
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Debt            
Repayments of mortgage loans       $ 505,897 $ 1,560  
8001 Woodmont | Disposal Group, Disposed of by Sale, Not Discontinued Operations            
Debt            
Repayments of mortgage loans     $ 99,700 99,700    
WestEnd25 | Disposal Group, Disposed of by Sale, Not Discontinued Operations            
Debt            
Repayments of mortgage loans $ 97,500     $ 97,500    
Mortgage loans            
Debt            
Variable rate 5.57%     5.57%    
Variable rate amount $ 545,900     $ 545,900   $ 587,254
Fixed rate 5.22%     5.22%    
Fixed rate amount $ 1,009,519     $ 1,009,519   1,196,479
Debt, gross 1,555,419     1,555,419   1,783,733
Unamortized deferred financing costs and premium/ discount, net (14,749)     (14,749)   (16,560)
Long-term debt, net $ 1,540,670     $ 1,540,670   1,767,173
Weighted average interest rate cap strike 3.15%     3.15%    
SOFR at end of period 4.32%     4.32%    
Net carrying value of real estate collateralizing the mortgages loans $ 1,700,000     $ 1,700,000   2,100,000
Mortgage loans | Interest Rate Contract            
Debt            
Derivative notional amount $ 799,100     $ 799,100   $ 1,400,000
Mortgage loans | Assets pledged as collateral | Ashley, Potomac and James buildings            
Debt            
Fixed rate   5.03%        
Repayments of mortgage loans   $ 307,700        
Interest only payment period   5 years        
Principal amount   $ 258,900