Investment in Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investments in Unconsolidated Joint Ventures

The following is a summary of our investment in VAA:

	March 31, 2023		December 31, 2022
Assets
Cash, cash equivalents and restricted cash	$	6,883	$	50,058
Other assets	295		2,346
	$	7,178	$	52,404
Liabilities and partners' capital
Liabilities from discontinued operations	$	—	$	8,824
Other liabilities	162		1,988
Our share of partners' capital	3,616		20,904
Outside partner's capital	3,400		20,688
	$	7,178	$	52,404

The following is a summary of income from VAA:

	Three Months Ended March 31,
	2023		2022
Revenue
Rental revenue	$	—	$	3,931
Other revenue	—		142
Total revenue	—		4,073
Expenses
Operating expenses	(331)		2,621
Depreciation and amortization	—		844
Interest	(291)		5,714
Total expenses	(622)		9,179
Income (loss) from continuing operations	622		(5,106)
Income from discontinued operations	754		3,436
Net income (loss)	$	1,376	$	(1,670)
Equity in income from unconsolidated joint venture	$	688	$	4,706