Annual report pursuant to Section 13 and 15(d)

Real Estate Joint Ventures - Narrative (Details)

v3.24.0.1
Real Estate Joint Ventures - Narrative (Details)
ft² in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
ft²
LW Redstone Company, LLC  
Investments in real estate joint ventures  
Partner's capital account upon formation $ 9.0
Percentage of cumulative preferred returns of cash flows on partners' invested capital 13.50%
Percentage of cumulative preferred returns of cash flows on our invested capital 13.50%
Percentage of residual distributable cash flows in excess of unpaid cumulative preferred returns and return of invested capital entitled to the company 85.00%
Percentage of residual distributable cash flows in excess of unpaid cumulative preferred returns and return of invested capital entitled to the entity's partners 15.00%
Number of years following construction commencement threshold achievement before partner's interest can be purchased at fair value 5 years
Construction commencement threshold (in sqft) | ft² 4.4
Construction commencement completed (in sqft) | ft² 2.5
LW Redstone Company, LLC | Maximum  
Investments in real estate joint ventures  
Infrastructure costs anticipated to be funded by entity for reimbursement by the City of Huntsville (in dollars) $ 76.0
LW Redstone Company, LLC | Notes Receivable from the City of Huntsville  
Investments in real estate joint ventures  
Infrastructure costs funded to date for reimbursement by the City of Huntsville $ 72.2
Stevens Investors, LLC | Maximum  
Investments in real estate joint ventures  
Percentage of residual distributable cash flows in excess of unpaid cumulative preferred returns and return of invested capital entitled to the company 85.00%
Stevens Investors, LLC | Minimum  
Investments in real estate joint ventures  
Percentage of residual distributable cash flows in excess of unpaid cumulative preferred returns and return of invested capital entitled to the company 60.00%
M Square Associates, LLC  
Investments in real estate joint ventures  
Percentage of residual amounts distributed to each member 50.00%