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v3.23.2

Investments in and Advances to Joint Ventures - Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments (Detail) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Condensed Combined Statements of Operations |  |  |  |
Revenues from operations | $ 138,158 | $ 140,682 | $ 276,850 | $ 275,002
Expenses from operations: |  |  |  |
Operating expenses | 115,484 | 107,812 | 223,364 | 212,546
Impairment charges | 0 | 2,536 | 0 | 2,536
Depreciation and amortization | 58,698 | 51,021 | 112,714 | 101,385
Interest expense | 20,921 | 18,909 | 40,844 | 37,167
Other expense, net | 634 | 1,147 | 1,321 | 1,651
Net income (loss) | 5,353 | 60,409 | 20,655 | 74,364
Company's share of equity in net income of joint ventures | 3,237 | 592 | 4,187 | 622
Basis differential adjustments | 1,381 | 789 | 1,790 | 928
Equity in net income of joint ventures | 4,618 | 1,381 | 5,977 | 1,550
Unconsolidated Joint Ventures [Member] |  |  |  |
Condensed Combined Statements of Operations |  |  |  |
Revenues from operations | 24,070 | 38,162 | 48,760 | 79,811
Expenses from operations: |  |  |  |
Operating expenses | 6,118 | 10,493 | 12,682 | 22,016
Impairment charges | 0 | 3,340 | 0 | 8,540
Depreciation and amortization | 8,281 | 13,328 | 17,343 | 27,673
Interest expense | 6,307 | 9,030 | 13,348 | 18,319
Other expense, net | 2,378 | 2,422 | 4,938 | 4,994
Total expenses | 23,084 | 38,613 | 48,311 | 81,542
Income (loss) before gain on disposition of real estate | 986 | (451) | 449 | (1,731)
Gain on disposition of real estate, net | 14,874 | 1,790 | 20,178 | 1,692
Net income (loss) | $ 15,860 | $ 1,339 | $ 20,627 | $ (39)

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