Other Expenses (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Professional services	$	2,695	$	1,969	$	8,086	$	5,831
Operating and other costs	2,018		792		4,329		2,093
Subtotal(1)	4,713		2,761		12,415		7,924
Non-cash compensation expenses
Restricted class A common stock earned	8,046		7,907		24,768		23,762
Director stock-based compensation	173		173		518		422
Subtotal	8,219		8,080		25,286		24,184
Total general and administrative expenses	$	12,932	$	10,841	$	37,701	$	32,108

(1)During the three and nine months ended September 30, 2022, we recognized an aggregate $239,000 and $783,000, respectively, of expenses related to our Multifamily Joint Venture. During the three and nine months ended September 30, 2021, we recognized an aggregate $110,000 and $543,000, respectively, of expenses related to our Multifamily Joint Venture.