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Income Taxes
6 Months Ended
Jun. 30, 2021
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes The Company’s effective tax rates for the three and six months ended June 30, 2021 vary from the statutory U.S. federal income tax rate primarily due to the Company being designated as a REIT that is generally treated as a non-tax paying entity. During the three and six months ended June 30, 2021, the effective tax rates were benefited by the release of a valuation allowance as a result of deferred tax liabilities created through acquisitions that provide a positive source of income for valuation allowance assessment purposes and were negatively impacted by an increase to the statutory tax rate in the United Kingdom enacted during the quarter. These two discrete items increased the Company’s deferred tax expense by $10.8 million for the three and six months ended June 30, 2021.