Other Expenses (Tables)

6 Months Ended

Jun. 30, 2019

Other Income and Expenses [Abstract]

Schedule of General and Administrative Expenses

General and Administrative Expenses

General and administrative expenses consisted of the following ($ in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Professional services(1)	$	1,249	$	1,139	$	2,439	$	2,361
Operating and other costs(1)		894		830		1,249		1,339
Subtotal		2,143		1,969		3,688		3,700
Non-cash compensation expenses
Restricted class A common stock earned		7,629		6,653		15,272		13,504
Director stock-based compensation		125		125		250		250
Subtotal		7,754		6,778		15,522		13,754
Total general and administrative expenses	$	9,897	$	8,747	$	19,210	$	17,454
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(1) During the three and six months ended June 30, 2019, we recognized an aggregate $164,000 and $333,000, respectively, of expenses related to our Multifamily Joint Venture. During the three and six months ended June 30, 2018, we recognized an aggregate $124,000 and $225,000, respectively, of expenses related to our Multifamily Joint Venture.