Subsequent Events

9 Months Ended

Sep. 30, 2021

Subsequent Events [Abstract]

Subsequent Events

14. Subsequent Events

Subsequent to September 30, 2021, the Company:

• Contributed $5.8 million for an unconsolidated land parcel subject to a long-term ground lease and $11.6 million for two unconsolidated land parcel acquisitions in connection with the formation of separate joint ventures with Toll under the Commitment Agreement; and

• Contributed $1.1 million for an unconsolidated land parcel acquisition as part of the formation of a joint venture with a third-party.