v3.25.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents and Restricted Cash
The following table sets forth our cash, cash equivalents, and restricted cash (in thousands):
March 31,
2025
December 31,
2024
Cash and cash equivalents$13,988 $16,992 
Restricted cash:
Property tax and insurance reserves4,564 6,156 
Lender reserves3,345 6,013 
Capital expenditures reserves6,605 6,210 
Escrow deposit200 — 
Deposits pursuant to outstanding letters of credit3,524 3,524 
Other reserves191 192 
Total restricted cash18,429 22,095 
Total cash, cash equivalents, and restricted cash$32,417 $39,087