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v3.23.2

Assets and Liabilities of Disposal Group Held for Sale (Tables) | 6 Months Ended
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Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Assets and Liabilities of Disposal Group Held for Sale | The following table presents the carrying values of the major classes of assets and liabilities of disposal group held for sale as of June 30, 2023 and December 31, 2022, respectively (dollar amounts in thousands):
|  | June 30, 2023 |  | December 31, 2022
Cash and cash equivalents (1) |  | $ | 24,097 |  |  | $ | 13,944 |
Equity investments |  | 7,695 |  |  | 9,010 |
Real estate, net (1) |  | 889,242 |  |  | 1,079,942 |
Other assets (1) |  | 44,565 |  |  | 48,888 |
Total assets of disposal group held for sale |  | $ | 965,599 |  |  | $ | 1,151,784 |
Mortgages payable on real estate |  | $ | 734,997 |  |  | $ | 865,414 |
Other liabilities |  | 20,843 |  |  | 18,398 |
Total liabilities of disposal group held for sale (1) |  | $ | 755,840 |  |  | $ | 883,812 |
(1)Certain assets and liabilities of the disposal group held for sale are in Consolidated VIEs because the Company is the primary beneficiary. The following table presents the pretax losses of the disposal group held for sale for the three and six months ended June 30, 2023 and 2022, respectively (dollar amounts in thousands):
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Pretax loss of disposal group held for sale |  | $ | (20,717) |  |  | $ | (31,324) |  |  | $ | (37,085) |  |  | $ | (47,973) |
Pretax loss of disposal group attributable to non-controlling interest in Consolidated VIEs |  | 742 |  |  | 3,279 |  |  | 1,956 |  |  | 5,064 |
Pretax loss of disposal group attributable to Company's common stockholders |  | $ | (19,975) |  |  | $ | (28,045) |  |  | $ | (35,129) |  |  | $ | (42,909) |

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