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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Schedule of Statement of Operations of Variable Interest Entities (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Variable Interest Entity [Line Items]        
Interest expense $ 71,731 $ 42,404 $ 137,759 $ 81,739
Total net interest income 19,044 15,136 36,907 32,937
Expenses related to real estate 49,572 52,531 104,016 103,229
Total net loss from real estate (13,106) (7,755) (29,473) (16,708)
Unrealized gains (losses), net (16,512) (27,294) (55,902) 5,557
Gains on derivative instruments, net 15,471 21,573 64,682 17,211
Impairment of real estate (4,071) (16,864) (40,319) (27,139)
Loss on reclassification of disposal group 0 0 (14,636) 0
Other income 415 297 (3,175) 1,574
Total other (loss) income (6,080) (19,254) (63,401) 5,830
NET LOSS (24,083) (30,820) (104,141) (16,658)
Net loss attributable to non-controlling interest in Consolidated VIEs 8,494 3,892 30,652 10,593
NET LOSS ATTRIBUTABLE TO COMPANY (15,589) (26,928) (73,489) (6,065)
VIE, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Net loss attributable to non-controlling interest in Consolidated VIEs 4,578 3,184 18,978 8,685
VIE, Primary Beneficiary | Financing And Other VIEs        
Variable Interest Entity [Line Items]        
Interest income 9,154 8,440 17,281 17,173
Interest expense 6,752 5,966 12,553 12,280
Total net interest income 2,402 2,474 4,728 4,893
Income from real estate 33,535 41,885 68,628 80,960
Expenses related to real estate 46,882 49,881 98,643 97,943
Total net loss from real estate (13,347) (7,996) (30,015) (16,983)
Unrealized gains (losses), net 542 (12,328) 506 (10,029)
Gains on derivative instruments, net 329 6,556 2,848 5,258
Impairment of real estate (3,557) (16,864) (35,771) (27,139)
Loss on reclassification of disposal group     (14,636) 0
Other income 4 25 7 41
Total other (loss) income (2,682) (22,611) (47,046) (31,869)
NET LOSS (13,627) (28,133) (72,333) (43,959)
Net loss attributable to non-controlling interest in Consolidated VIEs 8,494 3,892 30,652 10,593
NET LOSS ATTRIBUTABLE TO COMPANY (5,133) (24,241) (41,681) (33,366)
VIE, Primary Beneficiary | Consolidated SLST        
Variable Interest Entity [Line Items]        
Interest income 9,154 8,440 17,281 17,173
Interest expense 6,752 5,966 12,553 12,280
Total net interest income 2,402 2,474 4,728 4,893
Income from real estate 0 0 0 0
Expenses related to real estate 0 0 0 0
Total net loss from real estate 0 0 0 0
Unrealized gains (losses), net 542 (12,328) 506 (10,029)
Gains on derivative instruments, net 0 0 0 0
Impairment of real estate 0 0 0 0
Loss on reclassification of disposal group     0 0
Other income 0 0 0 0
Total other (loss) income 542 (12,328) 506 (10,029)
NET LOSS 2,944 (9,854) 5,234 (5,136)
NET LOSS ATTRIBUTABLE TO COMPANY 2,944 (9,854) 5,234 (5,136)
VIE, Primary Beneficiary | Consolidated Real Estate        
Variable Interest Entity [Line Items]        
Interest income 0 0 0 0
Interest expense 0 0 0 0
Total net interest income 0 0 0 0
Income from real estate 33,535 41,885 68,628 80,960
Expenses related to real estate 46,882 49,881 98,643 97,943
Total net loss from real estate (13,347) (7,996) (30,015) (16,983)
Unrealized gains (losses), net 0 0 0 0
Gains on derivative instruments, net 329 6,556 2,848 5,258
Impairment of real estate (3,557) (16,864) (35,771) (27,139)
Loss on reclassification of disposal group     (14,636) 0
Other income 4 25 7 41
Total other (loss) income (3,224) (10,283) (47,552) (21,840)
NET LOSS (16,571) (18,279) (77,567) (38,823)
Net loss attributable to non-controlling interest in Consolidated VIEs 8,494 3,892 30,652 10,593
NET LOSS ATTRIBUTABLE TO COMPANY $ (8,077) $ (14,387) $ (46,915) $ (28,230)