Derivatives - Schedule of Outstanding Derivatives (Details) $ in Thousands |
6 Months Ended |
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Jun. 30, 2025
USD ($)
Instrument
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Derivative [Line Items] | |
Investment, Variable Interest Rate, Type [Extensible Enumeration] | Secured Overnight Financing Rate (SOFR) [Member] |
Interest rate swaps - mortgage notes | Non-designated Hedges | |
Derivative [Line Items] | |
Number of instruments | Instrument | 2 |
Notional amount | $ | $ 53,700 |
Weighted-average strike rate | 3.76% |
Weighted-average maturity (Years) | 3 years 1 month 6 days |
Weighted-average commencement date | Mar. 29, 2025 |
Weighted-average maturity date | Jul. 18, 2028 |
Investment, Variable Interest Rate, Type [Extensible Enumeration] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] |
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- Definition Date the entity entered into the derivative contract, in YYYY-MM-DD format. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Date derivative contract ends, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The number of derivative instruments of a particular group held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Period remaining until the derivative contract matures, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Fixed interest rate that will be received or paid upon exercise of the interest rate swaption contract. No definition available.
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- Definition Indicates type of variable interest rate of investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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- Details
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