Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of disaggregation of Company's revenue
The below table disaggregates the Company’s revenue by type of service for the three months ended March 31, 2021 and 2020 (in thousands, unaudited):
Three Months Ended
March 31,
2021 2020
Minimum rent $ 11,330  $ 12,062 
Tenant reimbursements - variable lease revenue 3,093  3,288 
Percentage rent - variable lease revenue 129  108 
Straight-line rents 223  51 
Lease termination fees 4  62 
Other 68  157 
     Total 14,847  15,728 
Credit losses on operating lease receivables (119) (154)
     Total $ 14,728  $ 15,574 
Schedule of corporate general and administrative expenses A detail for the "corporate general & administrative" line item from the condensed consolidated statements of operations is presented below (in thousands, unaudited):
Three Months Ended
March 31,
2021 2020
Professional fees $ 764  $ 1,026 
Corporate administration 380  331 
Compensation and benefits 237  407 
Advertising costs for leasing activities 20  31 
Other corporate general & administrative 181  77 
    Total $ 1,582  $ 1,872