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Unconsolidated Affiliates - Summarized Financial Information (Details) - USD ($)
$ in Thousands
2 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2021
Oct. 31, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
ASSETS:            
Investment in real estate assets   $ 1,781,473 $ 1,801,245 [1] $ 1,795,312 [1]    
Accumulated depreciation [1]     (228,034) (136,901)    
Net investment in real estate assets   1,797,331 1,582,111 [1] 1,663,987 [1]    
Developments in progress   15,858 8,900 [1] 5,576 [1]    
Total assets $ 2,945,979 2,962,667 2,405,905 [1] 2,678,243 [1] $ 2,945,979  
LIABILITIES:            
Mortgage and other indebtedness, net   1,678,619 1,888,803 2,000,186    
Total liabilities [1]     2,075,288 2,311,114    
OWNERS' EQUITY (DEFICIT):            
The Company   547,448 339,321 370,541    
Noncontrolling interests   6,087 (8,704) (3,412)    
Total owners' deficit 401,100 553,535 330,617 367,129 401,100 $ 534,297
Total liabilities, redeemable noncontrolling interests and equity   2,962,667 2,405,905 2,678,243    
Total revenues [2] 108,846 468,029 535,286 563,011    
Net income $ (152,731) $ (486,413) 3,204 (99,515)    
BI Development II, LLC            
ASSETS:            
Investment in real estate assets     2,010,269 1,971,348    
Accumulated depreciation     (886,712) (829,574)    
Net investment in real estate assets     1,123,557 1,141,774    
Developments in progress     17,261 10,914    
Net investment in real estate assets     1,140,818 1,152,688    
Other assets     200,289 170,756    
Total assets     1,341,107 1,323,444    
LIABILITIES:            
Mortgage and other indebtedness, net     1,368,031 1,333,152    
Other liabilities     45,577 33,419    
Total liabilities     1,413,608 1,366,571    
OWNERS' EQUITY (DEFICIT):            
The Company     12,290 3,123    
Noncontrolling interests     (84,791) (46,250)    
Total owners' deficit     (72,501) (43,127)    
Total liabilities, redeemable noncontrolling interests and equity     1,341,107 1,323,444    
Total revenues     255,283 260,275 251,933  
Net income [3]     $ 38,434 $ 137,454 $ 58,596  
[1] As of December 31, 2023, includes $187,221 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $209,637 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 10.
[2] Management, development and leasing fees are included in the All Other category. See Note 3 for information on the Company’s revenues disaggregated by revenue source for each of the above segments.
[3] The Successor Company's and the Predecessor Company's pro rata share of net income (loss) is included in equity in earnings (losses) of unconsolidated affiliates for each period presented in the accompanying consolidated statements of operations. The Company's pro rata share of net income was $11,865 and $19,796 for the Successor years ended December 31, 2023 and 2022, respectively. The Successor Company’s pro rata share of net income was $797 for the period from November 1, 2021 through December 31, 2021. The Predecessor Company’s pro rata share of net loss was $10,823 for the period from January 1, 2021 through October 31, 2021.