Supplemental Cash Flow Disclosures

3 Months Ended

Mar. 31, 2024

Supplemental Cash Flow Information [Abstract]

Supplemental cash flow information consisted of the following for the three months ended March 31, 2024 and 2023 (in thousands):


	Three Months Ended March 31,
	2024		2023
Supplemental Disclosure of Cash Flow Information
Cash paid for interest, none of which was capitalized for the three months ended March 31, 2024 and 2023, respectively	$	1,254	$	694
Supplemental Disclosure of Cash Flow Information of Consolidated Funds
Cash paid for interest, net of capitalized interest of $2 and $9 for the three months ended March 31, 2024 and 2023, respectively	3,488		2,362

Supplemental Disclosures of Non-Cash Investing and Financing Activities




Increase in note receivable - related party due to deconsolidation of VIEs	6,749		—
Accounts receivable - related party eliminated in consolidation of VIEs	—		1,853
Increase in investments in unconsolidated entities due to deconsolidation of VIEs	6,238		—
Extinguishment of operating lease right-of-use assets	—		1,059
Extinguishment of operating lease liabilities	—		1,340
Cost of real estate investments included in accounts payable	107		18


Issuance of common stock in lieu of cash payment for accounts payable	36		—




Supplemental Disclosures of Non-Cash Investing and Financing Activities of Consolidated Funds


Note receivable eliminated in consolidation	—		2,946
Increase in note receivable - related party due to deconsolidation of VIEs	10,341		—
Cost of real estate investments included in accounts payable	45		36
Cost of real estate investments included in due to related parties	7		46




Consolidation of VIEs
Real estate investments, net	—		86,402

Accounts receivable, net	—		4,348
Due from related parties	—		2
Operating lease - right of use assets	—		8,775
Prepaid and other assets	—		2,042
Notes payable, net	—		80,449
Notes payable - related parties	—		6,589
Accounts payable and accrued expenses	—		8,148
Due to related parties	—		28
Operating lease liabilities	—		12,441
Other liabilities	—		2,158
Noncontrolling interests	—		33,732
Deconsolidation of VIEs
Real estate investments, net	83,282		74,061
Accounts receivable, net	2,808		3,609

Operating lease - right of use assets	10,327		8,775
Prepaid and other assets	8,453		1,634
Due from related parties	3		2
Due to related parties	101		28
Notes payable, net	82,024		68,500
Notes payable - related parties	14,362		1,777
Accounts payable and accrued expenses	10,655		7,038
Operating lease liabilities	13,957		12,441
Other liabilities	1,236		1,928

Noncontrolling interests	40,787		21,957