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Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Statement of Cash Flows [Abstract]        
Cash and cash equivalents $ 43,852 $ 27,920 $ 32,662  
Restricted cash 1,874 [1] 2,246 2,343 [1]  
Cash, cash equivalents, and restricted cash $ 45,726 [2] $ 30,166 $ 35,005 [2] $ 51,865
[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, 2024September 30, 2023
Cash and cash equivalents$43,852 $32,662 
Restricted cash (a)
1,874 2,343 
Cash, cash equivalents, and restricted cash$45,726 $35,005 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.