Annual report pursuant to Section 13 and 15(d)

Real Estate - Assets Acquired and Liabilities Assumed (Details)

v3.22.4
Real Estate - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
 12 Months Ended
Aug. 22, 2022
Dec. 31, 2022
Series B Preferred Stock    
Purchase consideration    
Preferred stock cumulative dividend rate per annum   9.00%
Cedar    
Assets Acquired    
Lease intangibles $ 28,215  
Above market lease 1,718  
Right of use asset adjustment, ground lease 2,913  
Cash, accounts receivable and other assets 14,242  
Total assets acquired 232,107  
Liabilities Acquired    
(Below) market lease (23,622)  
Lease Liabilities, ground lease (3,552)  
Accounts payable and other liabilities (4,578)  
Total liabilities acquired (31,752)  
Noncontrolling interest (64,845)  
Purchase price allocation of net assets acquired, excluding noncontrolling interests 135,510  
Purchase consideration    
Cash merger consideration 130,000  
Cash merger consideration 5,510  
Capitalized acquisition costs $ 135,510  
Incremental borrowing rate 5.25%  
Cedar | Buildings and improvements    
Assets Acquired    
Property, plant, and equipment $ 137,120  
Cedar | Land and land improvements    
Assets Acquired    
Property, plant, and equipment $ 47,899  
Cedar | Series B Preferred Stock    
Purchase consideration    
Preferred stock cumulative dividend rate per annum 7.25% 7.25%
Cedar | Series C Preferred Stock    
Purchase consideration    
Preferred stock cumulative dividend rate per annum 6.50% 6.50%