Financing Activities	6 Months Ended
Jun. 30, 2022
Financing Activities[Abstract]
Financing Activities	Note 11 – Financing Activities In May 2022, we entered into 14 long term, fixed rate, non-recourse property loans that totaled $574.7 million. This non-recourse debt has a weighted-average term of 9.4 years and a weighted-average interest rate of 4.63%. Total debt issuance costs of approximately $5.4 million have been deferred. In addition, we incurred $7.4 million in prepayment costs associated with the extinguishment of six loans. In June 2022, we entered into a construction loan for up to $23.0 million in financing to fund the Oak Shore project. The loan has a term of 36 months with an option to extend for two additional one year periods, and an interest rate based on the One-Month Term SOFR plus a spread of 4.41%, subject to a minimum all-in interest rate of 5.56%. In June 2022, we entered into an agreement for the modification and early repayment of our Notes Payable to AIR. During the quarter ended June 30, 2022, we made a principal payment of $387.1 million, and recognized $17.9 million of associated spread maintenance costs, $12.9 million of which were paid as of June 30, 2022. See Note 5 for further information. During the six months ended June 30, 2022, we monetized our $500.0 million notional amount interest rate swaption for $13.7 million and recognized a gain of $8.0 million, which is included in Realized and unrealized gains (losses) on interest rate options in our Condensed Consolidated Statements of Operations for the periods ended June 30, 2022.

Financing Activities

6 Months Ended

Jun. 30, 2022

Note 11 – Financing Activities

In May 2022, we entered into 14 long term, fixed rate, non-recourse property loans that totaled $574.7 million. This non-recourse debt has a weighted-average term of 9.4 years and a weighted-average interest rate of 4.63%. Total debt issuance costs of approximately $5.4 million have been deferred. In addition, we incurred $7.4 million in prepayment costs associated with the extinguishment of six loans.

In June 2022, we entered into a construction loan for up to $23.0 million in financing to fund the Oak Shore project. The loan has a term of 36 months with an option to extend for two additional one year periods, and an interest rate based on the One-Month Term SOFR plus a spread of 4.41%, subject to a minimum all-in interest rate of 5.56%.

In June 2022, we entered into an agreement for the modification and early repayment of our Notes Payable to AIR. During the quarter ended June 30, 2022, we made a principal payment of $387.1 million, and recognized $17.9 million of associated spread maintenance costs, $12.9 million of which were paid as of June 30, 2022. See Note 5 for further information.

During the six months ended June 30, 2022, we monetized our $500.0 million notional amount interest rate swaption for $13.7 million and recognized a gain of $8.0 million, which is included in Realized and unrealized gains (losses) on interest rate options in our Condensed Consolidated Statements of Operations for the periods ended June 30, 2022.