Other Expenses (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Professional services	$	2,693	$	2,043	$	5,390	$	3,861
Operating and other costs	1,298		606		2,311		1,301
Subtotal(1)	3,991		2,649		7,701		5,162
Non-cash compensation expenses
Restricted class A common stock earned	8,245		7,895		16,723		15,855
Director stock-based compensation	173		125		345		250
Subtotal	8,418		8,020		17,068		16,105
Total general and administrative expenses	$	12,409	$	10,669	$	24,769	$	21,267

(1)During the three and six months ended June 30, 2022, we recognized an aggregate $227,000 and $544,000, respectively, of expenses related to our Multifamily Joint Venture. During the three and six months ended June 30, 2021, we recognized an aggregate $197,000 and $433,000, respectively, of expenses related to our Multifamily Joint Venture.