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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reconciliation of Preferred OP Units

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

Balance at January 1, 2022

 

$

79,370

 

Preferred distributions

 

 

(3,221

)

Redemption of preferred units and other

 

 

(24

)

Net income allocated to preferred units

 

 

3,205

 

Balance at June 30, 2022

 

$

79,330