Subsequent Events

6 Months Ended

Jun. 30, 2023

Subsequent Events [Abstract]

Subsequent Events

19. Subsequent Events

Extension of Notes Receivable

In July 2023, the maturity date on $358.5 million of notes receivable due in May 31, 2023 was extended to July 31, 2023. Refer to Note 4, "Notes and Other Receivables," for additional information on the notes receivable.

Conversions

Subject to certain limitations, holders can convert certain series of OP units to shares of our common stock or Common OP units at any time. In July 2023, Aspen preferred OP unitholders converted 360,980 mandatorily redeemable units, representing $9.7 million of unsecured debt, into common shares and common OP units as follows:

		7/1/2023 through 7/26/2023
Series	Conversion Rate	Units / Shares Converted	Common Stock(1)	Common OP Units
Aspen preferred OP units	Various(2)	360,980	12,792	104,632

(1)Calculation may yield minor differences due to rounding incorporated in the above numbers.

(2)Refer to Note 8, "Debt and Line of Credit," for additional detail on Aspen preferred OP unit conversions.

We have evaluated our Consolidated Financial Statements for subsequent events through the date that this Form 10-Q was issued.