Other Expenses (Tables)

3 Months Ended

Mar. 31, 2024

Other Income and Expenses [Abstract]

Schedule of General and Administrative Expenses

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

	Three Months Ended March 31,
	2024		2023
Professional services	$	4,140	$	3,279
Operating and other costs	1,476		1,931
Subtotal(1)	5,616		5,210
Non-cash compensation expenses
Restricted class A common stock earned	7,911		7,492
Director stock-based compensation	201		163
Subtotal	8,112		7,655
Total general and administrative expenses	$	13,728	$	12,865

(1)During the three months ended March 31, 2024 and 2023, we recognized an aggregate $223,000 and $308,000, respectively, of expenses related to our Multifamily Joint Venture.