INCOME TAXES

6 Months Ended

Jun. 30, 2024

INCOME TAXES [Abstract]

INCOME TAXES

8. INCOME TAXES

The benefit for income taxes was $0.5 million for the three months ended June 30, 2024 compared to a provision for taxes of $6.8 million in the prior year comparable period.  The benefit in the current quarter was driven by a pre-tax loss, including a discrete item.  The provision in prior year was due to the sale of the Nashville, Tennessee property, which drove an increase in the Company’s pre-tax income.

The benefit for income taxes was $0.6 million for the six months ended June 30, 2024 compared to a provision for taxes of $6.2 million in the prior year comparable period.  The benefit in the current year was driven by a pre-tax loss, including a discrete item.  The provision in the prior year was due to the sale of the Nashville, Tennessee property, which drove an increase in the Company’s pre-tax income.