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Condensed Consolidated Statements of Cash Flow (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Statement of Cash Flows [Abstract]        
Cash and cash equivalents $ 34,054 $ 48,139 $ 69,731  
Restricted cash 2,043 [1] 3,726 6,681 [1]  
Cash, cash equivalents, and restricted cash $ 36,097 [2] $ 51,865 $ 76,412 [2] $ 40,443
[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):
 June 30, 2023June 30, 2022
Cash and cash equivalents$34,054 $69,731 
Restricted cash (a)
2,043 6,681 
Cash, cash equivalents, and restricted cash$36,097 $76,412 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.