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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Fair Value Disclosure of Asset and Liability Not Measured at Fair Value

			March 31, 2024												December 31, 2023
			Carrying Value (1)						Estimated Fair Value						Carrying Value (1)						Estimated Fair Value
2027 Term Loan			$	174,155					$	172,770					$	174,037					$	175,641
2028 Term Loan			199,066						198,101						199,006						201,396
2029 Term Loan			248,279						247,002						148,869						150,666

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

Schedule of Provision for Impairment

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

						Three Months Ended March 31,
						2024						2023
Total provision for impairment						$	3,662					$	—
Number of properties: (1)
Classified as held for sale						4						—
Disposed within the period						2						—

(1) Includes the number of properties that were either (i) impaired during the period on the held for sale classification date and remained as held for sale as of period-end or (ii) impaired and disposed of during the respective period. Excludes properties that did not have impairment recorded during the period. Of the total provision for impairment during the three months ended March 31, 2024, the Company recorded $0.3 million of additional impairment expense on two properties that were classified as held for sale in prior periods, and $2.2 million of impairment expense on four properties held for investment.

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

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-Topic 820
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