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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Provision for Impairment

The following table summarizes the provision for impairment during the periods indicated below (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Total provision for impairment			$	2,836					$	1,114					$	2,836					$	1,114
Number of properties: (1)
Classified as held for sale			6						—						6						—
Disposed within the period			—						1						—						1

(1)     Includes the number of properties that were impaired and classified as held for sale as of year-end or impaired and disposed of during the respective periods. Excludes properties that did not have impairment recorded during the year.

Fair Value of Term Loans

The following table discloses fair value information for the Company’s 2024 Term Loan, 2027 Term Loan, and 2028 Term Loan (each as defined in “Note 6 - Debt”) (in thousands):

			June 30, 2023												December 31, 2022
			Carrying Value						Estimated Fair Value						Carrying Value						Estimated Fair Value
2024 Term Loan (1)			$	—					$	—					$	174,532					$	175,382
2027 Term Loan (1)			173,801						175,729						—						—
2028 Term Loan (1)			198,885						201,466						198,764						201,108

(1) The carrying value of the debt instruments are net of unamortized debt issuance and discount costs.

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- Definition

Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported.

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-Topic 360
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- Definition

Tabular disclosure of information about fair value of asset and liability not measured at fair value.

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-Topic 820
-SubTopic 10
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