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Condensed Consolidated Statements of Cash Flows - Footnotes (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Statement of Cash Flows [Abstract]        
Cash and cash equivalents $ 54,700 $ 35,247 $ 28,038  
Restricted cash 4,865 [1] 5,196 5,415 [1]  
Cash, cash equivalents, and restricted cash $ 59,565 [2] $ 40,443 $ 33,453 [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):
 September 30, 2022September 30, 2021
Cash and cash equivalents$54,700 $28,038 
Restricted cash (a)
4,865 5,415 
Cash, cash equivalents, and restricted cash$59,565 $33,453 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.