Related Party Transactions and Arrangements (Tables)

12 Months Ended

Dec. 31, 2022

Related Party Transactions [Abstract]

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services

The following table details amounts incurred, waived and payable in connection with the Company’s operations-related services described above as of and for the periods presented:

	Year Ended December 31,						Payable (Receivable)
(In thousands)	2022		2021		2020		December 31,
	Incurred		Incurred		Incurred		2022		2021
Ongoing fees:
Asset and property management fees to related parties (1)	$	7,082	$	7,554	$	7,577	$	118	$	141
Professional fees and other reimbursements (2)	4,375		4,064		3,551		—		—
Professional fee credit due from the Advisor (2) (3)	—		—		(407)		—		—
Total related party operation fees and reimbursements	$	11,457	$	11,618	$	10,721	$	118	$	141

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(1) During the year ended December 31, 2022, approximately $5.0 million was paid with shares of the Company’s A Class A common stock (approximately $3.0 million related to the Side Letter and approximately $2.0 million for shares accepted in lieu of cash) for the management fee. Amounts for the years ended December 31, 2021 and 2020 were all paid in cash. See disclosure in this footnote above for additional information.

(2) Amounts for the year ended December 31, 2022, 2021 and 2020, respectively, are included in general and administrative expenses in the consolidated statements of operations and comprehensive loss.

(3) The $0.4 million relates to overpayment of the 2019 Bonus Awards which was repaid by the Advisor to the Company during the nine months ended September 30, 2021.