Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2022

Partners' Capital [Abstract]

Classes of Preferred OP Units

As of December 31, 2022 and 2021, the AIR Operating Partnership had the following classes of preferred OP Units (stated at their redemption values, in thousands, except unit and per unit data):

	Distributions per Annum					Units Issued and Outstanding				Redemption Values
Class of Preferred Units	Percent			Per Unit		2022		2021		2022		2021
Class One		8.75	%	$	8.00		90,000		90,000	$	8,229	$	8,229
Class Two		1.92	%	$	0.48		5,418		10,814		135		270
Class Three		7.88	%	$	1.97		1,310,902		1,311,095		32,772		32,777
Class Four		8.00	%	$	2.00		644,954		644,954		16,124		16,124
Class Six		8.50	%	$	2.13		769,585		773,693		19,240		19,342
Class Seven		7.87	%	$	1.97		25,715		26,150		643		654
Class Nine		6.00	%	$	1.50		—		78,956		—		1,974
Total							2,846,574		2,935,662	$	77,143	$	79,370

Reconciliation of Preferred OP Units

The following table presents a rollforward of the AIR Operating Partnership’s preferred OP Units’ redemption value (in thousands):

Balance at January 1, 2022	$	79,370
Preferred distributions		(6,396	)
Redemption of preferred units and other		(2,219	)
Net income allocated to preferred units		6,388
Balance at December 31, 2022	$	77,143