Quarterly report pursuant to Section 13 or 15(d)

Deferred Costs and Other Assets, Net (Tables)

v3.22.2.2
Deferred Costs and Other Assets, Net (Tables)
9 Months Ended
Sep. 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):
September 30, 2022 December 31, 2021
Leases in place, net $ 27,812  $ 7,519 
Lease origination costs, net 7,401  1,474 
Ground lease sandwich interest, net 1,462  1,667 
Tenant relationships, net 589  853 
Legal and marketing costs, net 426  14 
Prepaid expenses 2,586  413 
Other 398  33 
    Total deferred costs and other assets, net $ 40,674  $ 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 three months ending December 31, 2022 $ 2,359  $ 337  $ 68  $ 85  $ 28  $ 2,877 
December 31, 2023 7,858  1,284  274  222  104  9,742 
December 31, 2024 5,334  1,136  274  126  87  6,957 
December 31, 2025 3,802  975  274  62  65  5,178 
December 31, 2026 2,448  820  274  11  50  3,603 
December 31, 2027 1,905  700  274  11  34  2,924 
Thereafter 4,106  2,149  24  72  58  6,409 
$ 27,812  $ 7,401  $ 1,462  $ 589  $ 426  $ 37,690