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Subsequent Events
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

The Company has evaluated subsequent events through the date on which this Form 10-Q was filed, the date on which these financial statements were issued, and identified the items below for discussion.

In August 2018, the Company repaid $51,449,000 of variable rate debt secured by Avalon Calabasas at par at its maturity date.

As of August 3, 2018, the Company has $136,000,000 outstanding under the Credit Facility.