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Assets and Liabilities of Disposal Group Held for Sale (Tables)
 9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Assets and Liabilities of Disposal Group Held for Sale
The following table presents the carrying values of the major classes of assets and liabilities of disposal group held for sale as of September 30, 2024 and December 31, 2023, respectively (dollar amounts in thousands):

September 30, 2024December 31, 2023
Cash and cash equivalents
$3,044 $5,676 
Real estate, net
185,891 407,834 
Other assets
8,730 12,507 
Total assets of disposal group held for sale (1)
$197,665 $426,017 
Mortgages payable on real estate, net (2)
$170,318 $378,386 
Other liabilities7,551 7,638 
Total liabilities of disposal group held for sale (1)
$177,869 $386,024 

(1)Assets and liabilities of the disposal group held for sale are in Consolidated VIEs because the Company is the primary beneficiary.
(2)During the nine months ended September 30, 2024, two entities in which the Company holds joint venture equity investments entered into debt restructuring agreements with the respective senior lender for their mortgage payables. As part of the agreements, a portion of interest payments will be deferred until the maturity date. The restructurings did not result in a change in the carrying amount of the mortgage payables and no gains were recorded.
The following table presents the pretax losses of the disposal group held for sale as of September 30, 2024 for the three and nine months ended September 30, 2024 and 2023, respectively (dollar amounts in thousands):

For the Three Months Ended September 30,For the Nine Months Ended September 30,
2024202320242023
Pretax income (loss) of disposal group held for sale
$2,655 $(43,235)$(50,171)$(75,202)
Pretax (income) loss of disposal group attributable to non-controlling interest in Consolidated VIEs
(495)4,605 4,907 5,794 
Pretax income (loss) of disposal group attributable to Company's common stockholders
$2,160 $(38,630)$(45,264)$(69,408)