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Real Estate Assets (Tables)
3 Months Ended
Mar. 31, 2021
Real Estate Assets  
Schedule of real estate assets

 

 

Estimated

 

 

 

    

Useful Lives

    

Mar. 31, 2021

Dec. 31, 2020

Nov. 30, 2020

Land

$

33,043

$

33,084

$

33,084

Land improvements

10 to 30 years

 

45,827

 

45,827

 

45,827

Buildings and improvements

10 to 40 years

 

233,264

 

233,250

 

233,250

Tenant improvements

Shorter of useful life or terms of related lease

 

35,009

 

34,899

 

34,899

Machinery and equipment

3 to 20 years

10,958

10,958

10,958

Construction in progress

6,835

4,036

3,613

Development costs

 

5,090

 

5,106

 

5,106

 

370,026

 

367,160

 

366,737

Accumulated depreciation

 

(127,755)

 

(124,839)

 

(123,862)

$

242,271

$

242,321

$

242,875

Schedule of total depreciation expense and capitalized interest related to real estate assets

For the Three Months Ended

For the Month Ended

 

Mar. 31, 2021

    

Mar. 31, 2020

Dec. 31, 2020

Dec. 31, 2019

Depreciation expense

$

2,916

$

2,901

$

977

$

936

Capitalized interest

$

122

$

$

12

$

Schedule of real estate held for sale

 

    

Mar. 31, 2021

    

Dec. 31, 2020

 

Nov. 30, 2020

Land

$

532

$

505

$

505

Land improvements

269

269

269

Development costs

5,601

6,028

6,028

$

6,402

$

6,802

$

6,802