FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value, Assets Measured on Recurring Basis

The following tables set forth our financial assets measured at fair value on a recurring basis by level within the fair value hierarchy. Assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement.


	Fair Value as of		Fair Value Measurements Using Fair Value Hierarchy as of
	December 31, 2022		December 31, 2022
	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Cash and cash equivalents	$	36,486	$	36,486	$	—	$	—	Market
Restricted cash	113,156		113,156		—		—		Market
Derivative assets	1,125		—		1,125		—		Income
Total assets	$	150,767	$	149,642	$	1,125	$	—

	Fair Value as of		Fair Value Measurements Using Fair Value Hierarchy as of
	December 31, 2021		December 31, 2021
	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Cash and cash equivalents	$	49,872	$	49,872	$	—	$	—	Market
Restricted cash	251,983		251,983		—		—		Market
Derivative assets	2,220		—		2,220		—		Income
Total assets	$	304,075	$	301,855	$	2,220	$	—

Fair Value, by Balance Sheet Grouping

The fair value of our bonds and notes payable reported as debt, net in the Consolidated and Combined Consolidated Balance Sheets are presented in the table below:


	December 31,
	2022		2021


Series 2020 A Bonds (1)	$	139,101	$	189,773
Series 2020 B Bonds (1)	74,543		81,637
Series 2021 A Bonds (1)	152,848		222,023
Series 2021 B Bonds (1)	163,238		194,278
2027 Notes	498,035		—

______________________________________________________________________________________

(1) Fair value is based upon market prices for similar municipal securities.