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Segment Information - Additional Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment information          
Number of reportable segments | segment     3    
Total revenues $ 222,820 $ 246,036 $ 410,702 $ 491,800  
Net income (loss) 1,959 (379,228) 20,348 (417,585)  
Total assets [1] 9,548,652   9,548,652   $ 9,531,181
Marketing, general and administrative 20,032 22,974 41,345 46,259  
Operating Segments | Real Estate Segment          
Segment information          
Total revenues 184,027 208,753 338,902 425,689  
Net income (loss) (6,146) (381,636) 6,581 (424,519)  
Total assets 8,781,809   8,781,809   8,716,738
Operating Segments | SUMMIT Segment          
Segment information          
Total revenues 32,602 28,180 58,206 47,951  
Net income (loss) 7,111 3,214 11,564 796  
Total assets 471,115   471,115   464,799
Operating Segments | Debt and Preferred Equity Segment          
Segment information          
Total revenues 6,191 9,103 13,594 18,160  
Net income (loss) 994 $ (806) 2,203 $ 6,138  
Total assets $ 295,728   $ 295,728   $ 349,644
[1]
(1) The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $104.1 million and $41.2 million of land, $65.2 million and $40.5 million of building and improvements, $— million and $— million of building and leasehold improvements, $— million and $— million of right of use assets, $1.6 million and $5.4 million of accumulated depreciation, $783.2 million and $676.9 million of other assets included in other line items, $204.3 million and $50.0 million of real estate debt, net, $0.9 million and $0.9 million of accrued interest payable, $— million and $— million of lease liabilities, and $328.9 million and $306.5 million of other liabilities included in other line items as of June 30, 2024 and December 31, 2023, respectively.