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Subsequent Events
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On August 7, 2024, the Company entered into an interest rate cap agreement to cap SOFR at a rate of 6.0101% effective as of August 15, 2024 through August 15, 2025 on the $1.1 billion loan secured by the Hollywood Media Portfolio.

On August 7, 2024, the Company sold an interest rate cap with a fixed rate of 6.0101% effective as of August 15, 2024 through August 15, 2025 on $561.0 million of indebtedness, which amount corresponds to our pro rata share of the loan secured by the Hollywood Media Portfolio. The sold cap serves to offset the effect of our pro rata share of the $1.1 billion interest rate cap on the Hollywood Media Portfolio loan.