Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Caps

The following table summarizes the Company's LIBOR and Secured Overnight Financing Rate ("SOFR") interest rate cap instruments as of December 31, 2022.

($ in thousands)
Current notional balance	$	1,231,920
Weighted average fixed cap rate	4.34		%
Earliest maturity date	2023
Latest maturity date	2025
Weighted average remaining term	1.2 years
Estimated asset fair value (included in other assets, net) at December 31, 2022	$	10,599
Estimated asset fair value (included in other assets, net) at December 31, 2021	$	313

The following table summarizes the Company's SOFR interest rate swap instrument, purchased in November 2022, as of December 31, 2022.

($ in thousands)
Current notional balance	$	220,000
Fixed interest rate	3.00		%
Remaining term	1.3 years
Estimated asset fair value (included in other assets, net) at December 31, 2022	$	4,834

Summary of Asset Impairment Expense

The following is a summary of asset impairment expense.

	For the Years Ended December 31,
(in millions)	2022		2021		2020
Operating lease right-of-use assets	$	13.7	$	16.6	$	76.3
Property, plant and equipment and leasehold intangibles, net	15.9		6.4		29.3
Investment in unconsolidated ventures	—		—		1.5
Assets held for sale	—		—		0.2
Asset impairment	$	29.6	$	23.0	$	107.3