Borrowings - Additional Information (Details) - USD ($)
$ in Thousands |
|
|
|
12 Months Ended |
Sep. 28, 2021 |
Aug. 06, 2021 |
Jul. 15, 2021 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Debt Instrument [Line Items] |
|
|
|
|
|
| Mortgage Loan Rate |
|
|
|
|
LIBOR plus 4.25%
|
| Long-term unsecured debt |
|
|
|
$ 85,994
|
$ 73,027
|
| Unamortized debt issuance costs |
|
|
|
1,687
|
732
|
| Senior Notes Due 2023 |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Principal balance of Senior Notes repurchased |
|
|
|
7
|
1,172
|
| Principal balance of Senior Notes repurchased purchase price |
|
|
|
7
|
$ 1,115
|
| Debt instrument redemption amount |
|
$ 23,821
|
|
|
|
| Debt instrument redemption price percentage |
|
100.00%
|
|
|
|
| Maturity |
|
|
|
|
May 01, 2023
|
| Annual Interest Rate |
|
|
|
|
6.625%
|
| Outstanding balance |
|
|
|
|
$ 23,828
|
| Senior Notes Due 2025 |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Principal balance of Senior Notes repurchased |
|
|
|
$ 0
|
369
|
| Principal balance of Senior Notes repurchased purchase price |
|
|
|
|
$ 331
|
| Maturity |
|
|
|
Mar. 15, 2025
|
Mar. 15, 2025
|
| Annual Interest Rate |
|
|
|
6.75%
|
6.75%
|
| Outstanding balance |
|
|
|
$ 34,931
|
$ 34,931
|
| 6.000% Senior Notes due 2026 |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Debt instrument, issued |
|
|
$ 37,750
|
|
|
| Net proceeds from after deducting underwriter discounts |
|
|
$ 36,570
|
|
|
| Secured Debt | McLean SFR Investment, LLC |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Unamortized debt issuance costs |
|
|
|
264
|
|
| Maturity |
Oct. 09, 2026
|
|
|
|
|
| Annual Interest Rate |
2.76%
|
|
|
|
|
| Outstanding balance |
|
|
|
$ 39,178
|
|
| Debt Instrument, collateral description |
|
|
|
The loan is secured by a first priority interest in all the assets of McLean SFR and a first priority pledge of the equity interest of McLean SFR. If the outstanding principal balance of the loan is greater than 74% of the fair value of the eligible collateral, McLean SFR is required to either pledge additional collateral or prepay the loan in an amount so that the outstanding principal balance does not exceed 74% of the fair value of the eligible collateral.
|
|
| Agency MBS |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Mortgage Loan Rate |
|
|
|
LIBOR plus 2.50%
|
|
| Loan maturity date |
|
|
|
Nov. 15, 2022
|
|
| Agency MBS | One-Month LIBOR |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Mortgage loan floor rate |
|
|
|
2.50%
|
|
| Minimum |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Mortgage loan floor rate |
|
|
|
|
2.00%
|
| Minimum | Agency MBS |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| MBS repurchase agreement contract duration |
|
|
|
30 days
|
|
| Maximum | Secured Debt | McLean SFR Investment, LLC |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Debt instrument, issued |
$ 150,000
|
|
|
|
|
| Percentage of fair value of eligible properties of loan amount |
74.00%
|
|
|
|
|
| Maximum | Agency MBS |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| MBS repurchase agreement contract duration |
|
|
|
60 days
|
|
| Mortgage loan maturity date extension option |
|
|
|
364 days
|
|