Other Expenses (Tables)

9 Months Ended

Sep. 30, 2021

Other Income and Expenses [Abstract]

Schedule of General and Administrative Expenses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Professional services(1)	$	1,969	$	1,715	$	5,831	$	5,130
Operating and other costs(1)		792		878		2,093		3,212
Subtotal		2,761		2,593		7,924		8,342
Non-cash compensation expenses
Restricted class A common stock earned		7,907		8,524		23,762		25,603
Director stock-based compensation		173		125		422		375
Subtotal		8,080		8,649		24,184		25,978
Total general and administrative expenses	$	10,841	$	11,242	$	32,108	$	34,320

(1)   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. During the three and nine months ended September 30, 2020, we recognized an aggregate $293,000 and $869,000, respectively, of expenses related to our Multifamily Joint Venture.