Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of disaggregation of Company's revenue
The below table disaggregates the Company’s revenue by type of service for the years ended December 31, 2022 and 2021 (in thousands):
Years Ended December 31,
2022 2021
Minimum rent $ 57,533  $ 45,896 
Tenant reimbursements - variable lease revenue 16,665  13,120 
Straight-line rents 800  1,060 
Percentage rent - variable lease revenue 558  531 
Lease termination fees 134  139 
Other 1,316  803 
     Total 77,006  61,549 
Credit losses on operating lease receivables (361) (239)
     Total $ 76,645  $ 61,310 
Schedule of corporate general and administrative expense Corporate general & administrative expenses consist of the following (in thousands):    
Years Ended December 31,
2022 2021
Professional fees $ 3,810  $ 3,116 
Compensation and benefits 2,276  1,465 
Corporate administration 1,901  1,771 
Advertising costs for leasing activities 319  119 
Other 314  669 
     Total $ 8,620  $ 7,140