Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Caps

The following table summarizes the Company's London Interbank Offer Rate ("LIBOR") and Secured Overnight Financing Rate ("SOFR") interest rate cap instruments as of March 31, 2023.

($ in thousands)
Current notional balance	$	1,231,920
Weighted average fixed cap rate	4.34		%
Weighted average remaining term	1.1 years
Estimated asset fair value (included in other assets, net) at March 31, 2023	$	9,125
Estimated asset fair value (included in other assets, net) at December 31, 2022	$	10,599

The following table summarizes the Company's SOFR interest rate swap instrument as of March 31, 2023.

($ in thousands)
Current notional balance	$	220,000
Fixed interest rate	3.00		%
Remaining term	1.1 years
Estimated asset fair value (included in other assets, net) at March 31, 2023	$	3,692
Estimated asset fair value (included in other assets, net) at December 31, 2022	$	4,834