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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (8,761) $ (19,514)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 450 145
Straight-line rent adjustments, net (25) 12
Equity-based compensation 478 86
Non-cash operating lease expense 485 539
Unrealized loss on warrants 4,210 13,938
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (705) (3,500)
Right-of-use asset initial direct costs (9) 0
Accounts payable, accrued expenses and other liabilities (676) (1,870)
Net cash used in operating activities (4,553) (10,164)
Cash flows from investing activities:    
Purchases of long-lived assets (175) (6)
Payments for cost of construction (8,948) (12,428)
Issuance of notes receivable (1,321) 0
Purchases of held-to-maturity investments 0 (166,560)
Proceeds from available for sale investments 6,713 0
Proceeds from held-to-maturity investments 40,044 0
Net cash provided by (used in) investing activities 36,313 (178,994)
Cash flows from financing activities:    
Proceeds from issuance of BOC PIPE 0 45,000
Proceeds from Yellowstone trust 0 15,691
Payments for equity issuance costs 0 (8,822)
Net cash provided by financing activities 0 51,869
Net increase (decrease) in cash and restricted cash 31,760 (137,289)
Cash and restricted cash, beginning of year 41,396 203,935
Cash and restricted cash, end of period $ 73,156 $ 66,646