Quarterly report pursuant to Section 13 or 15(d)

Deferred Costs and Other Assets, Net (Tables)

v3.22.2
Deferred Costs and Other Assets, Net (Tables)
 6 Months Ended
Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of details of deferred costs, net of amortization and other assets Deferred costs and other assets, net of accumulated amortization are as follows (in thousands, unaudited):
June 30, 2022 December 31, 2021
Leases in place, net $ 6,398  $ 7,519 
Lease origination costs, net 1,647  1,474 
Ground lease sandwich interest, net 1,530  1,667 
Tenant relationships, net 673  853 
Legal and marketing costs, net 11  14 
Acquisition costs 2,109  — 
Prepaid expenses 1,507  413 
Other 564  33 
    Total deferred costs and other assets, net $ 14,439  $ 11,973 
Schedule of future amortization of lease origination costs, financing costs and in place leases Future amortization of leases in place, lease origination costs, ground lease sandwich interest, tenant relationships, and legal and marketing costs is as follows (in thousands, unaudited):
Leases In
Place, net		  Lease
Origination
Costs, net		 Ground Lease Sandwich Interest, net Tenant
Relationships, net		 Legal &
Marketing
Costs, net		 Total
For the remaining six months ending December 31, 2022 $ 998  $ 130  $ 137  $ 170  $ 3  $ 1,438 
December 31, 2023 1,607  255  274  222  5  2,363 
December 31, 2024 1,106  223  274  126  3  1,732 
December 31, 2025 789  190  274  62  —  1,315 
December 31, 2026 417  164  274  11  —  866 
December 31, 2027 272  140  274  11  —  697 
Thereafter 1,209  545  23  71  —  1,848 
$ 6,398  $ 1,647  $ 1,530  $ 673  $ 11  $ 10,259