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Condensed Consolidated Statements of Cash Flow (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Statement of Cash Flows [Abstract]        
Cash and cash equivalents $ 33,817 $ 48,139 $ 32,910  
Restricted cash 2,619 [1] 3,726 6,576 [1]  
Cash, cash equivalents, and restricted cash $ 36,436 [2] $ 51,865 $ 39,486 [2] $ 40,443
[1] Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.
[2] The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Statements of Cash Flows (in thousands):
 March 31, 2023March 31, 2022
Cash and cash equivalents$33,817 $32,910 
Restricted cash (a)
2,619 6,576 
Cash, cash equivalents, and restricted cash$36,436 $39,486 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.