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Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Table Derivative Financial Instrument

The following table details our derivative financial instruments as of June 30, 2024 (amounts in thousands):

Schedule of Table Derivative Financial Instrument

Interest Rate Derivative		Notional Amount				Strike Price			Maturity Date
Interest rate cap		$	112,514			5.07	%		July 2024
Interest rate cap		$	104,000			6.25	%		July 2025

Schedule of Fair Value of Our Derivative Financial Instruments

The following table details the fair value of our derivative financial instruments (amounts in thousands):

Schedule of Fair Value of Our Derivative Financial Instruments

		Fair Value (1)
Interest Rate Derivative		June 30, 2024				December 31, 2023
		(unaudited)
Interest rate caps		$	12			$	93

⁽¹⁾ Amounts are included in Other assets in our consolidated balance sheets.

Schedule of Table Details Effect Derivative Financial Instrument

The following table details the effect of our derivative financial instruments on our consolidated statements of operations (amounts in thousands):

 Schedule of Table Details Effect Derivative Financial Instrument

				Three Months Ended June 30,								Six Months Ended June 30,
Interest Rate Derivative		Location of Gain (Loss)		2024				2023				2024				2023
				(unaudited)				(unaudited)				(unaudited)				(unaudited)
Interest rate caps		Other (expense) income		$	(60	)		$	209			$	(87	)		$	209

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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Tabular disclosure of derivative liabilities at fair value.

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