Quarterly report [Sections 13 or 15(d)]

DEBT AND OTHER LONG-TERM OBLIGATIONS - Single Family Rental Notes (Details)

v3.25.2
DEBT AND OTHER LONG-TERM OBLIGATIONS - Single Family Rental Notes (Details)
Nov. 01, 2024
USD ($)
Aug. 30, 2023
USD ($)
home
installment
Nov. 29, 2021
USD ($)
item
installment
May 31, 2025
SFR Note 1        
Debt Instrument [Line Items]        
Number of single family homes being constructed | item     3  
Basis spread on variable rate     0.50%  
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]     us-gaap:PrimeRateMember  
Floor interest rate     3.75%  
Ceiling interest rate     4.25%  
Effective interest rate       4.25%
Debt Instrument, Percentage of Default Interest Rate     2.00%  
Debt Instrument Interest Rate Increase Decrease | installment     53  
Debt Instrument, Periodic Payment $ 5,000   $ 4,600  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid     $ 900,000  
Single family rental homes secured for debt | item     3  
Debt service coverage ratio     1.1  
Aggregate principal amount     $ 1,000,000  
SFR Note 2        
Debt Instrument [Line Items]        
Number of single family homes being constructed | home   11    
Basis spread on variable rate   7.51%    
Debt Instrument, Percentage of Default Interest Rate   5.00%    
Debt Instrument Interest Rate Increase Decrease | installment   59    
Debt Instrument, Periodic Payment   $ 21,200    
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid   $ 2,900,000    
Single family rental homes secured for debt | home   11    
Aggregate principal amount   $ 3,000,000    
Minimum EBITDA   $ 3,000,000