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Other Expenses (Tables)
6 Months Ended
Jun. 30, 2020
Other Income and Expenses [Abstract]  
Schedule of General and Administrative Expenses
General and administrative expenses consisted of the following ($ in thousands):
 
Three Months Ended June 30,
   
Six Months Ended June 30,
 
 
2020
 
 
2019
 
 
2020
 
 
2019
 
Professional services
(1)
  $
1,752
    $
1,249
    $
3,414
    $
2,439
 
Operating and other costs
(1)
   
882
     
894
     
2,335
     
1,249
 
                                 
Subtotal
   
2,634
     
2,143
     
5,749
     
3,688
 
Non-cash compensation expenses
   
     
     
     
 
Restricted class A common stock earned
   
8,527
     
7,629
     
17,079
     
15,272
 
Director stock-based compensation
   
125
     
125
     
250
     
250
 
                                 
Subtotal
   
8,652
     
7,754
     
17,329
     
15,522
 
                                 
Total general and administrative expenses
  $
     11,286
    $
     9,897
    $
     23,078
    $
     19,210
 
                                 
                        
  
     
  
     
  
     
  
     
(1)
  
 
During the three and six months ended June 30, 2020, we recognized an aggregate $200,000 and $576,000, respectively, of expenses related to our Multifamily Joint Venture. 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.