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Condensed Consolidated Statements of Cash Flows - Footnotes (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Statement of Cash Flows [Abstract]        
Cash and cash equivalents $ 32,910 $ 35,247 $ 24,762  
Restricted cash 6,576 [1] 5,196 9,826 [1]  
Cash, cash equivalents, and restricted cash $ 39,486 [2] $ 40,443 $ 34,588 [2] $ 50,430
[1] Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.
[2] The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Statements of Cash Flows (in thousands):
 March 31, 2022March 31, 2021
Cash and cash equivalents$32,910 $24,762 
Restricted cash (a)
6,576 9,826 
Cash, cash equivalents, and restricted cash$39,486 $34,588 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.