Other Expenses (Tables)

12 Months Ended

Dec. 31, 2023

Other Income and Expenses [Abstract]

Schedule of General and Administrative Expenses

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

	Year Ended December 31,
	2023		2022		2021
Professional services	$	13,269	$	10,924	$	7,759
Operating and other costs	7,219		7,855		3,762
Subtotal(1)	20,488		18,779		11,521
Non-cash compensation expenses
Restricted class A common stock earned	29,975		32,724		31,052
Director stock-based compensation	680		690		595
Subtotal	30,655		33,414		31,647
Total general and administrative expenses	$	51,143	$	52,193	$	43,168

(1)During the years ended December 31, 2023, 2022 and 2021, we recognized an aggregate $1.2 million, $1.1 million, and $748,000, respectively, of expenses related to our Multifamily Joint Venture.