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Deferred Costs and Other Assets, Net
9 Months Ended
Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs and Other Assets, Net Deferred Costs and Other Assets, Net
Deferred costs and other assets, net of accumulated amortization are as follows (in thousands, unaudited):
September 30, 2024December 31, 2023
Leases in place, net$11,326 $16,663 
Lease origination costs, net6,621 7,461 
Ground lease sandwich interest, net914 1,119 
Tenant relationships, net178 280 
Legal and marketing costs, net194 278 
Prepaid expenses4,278 2,224 
Other— 
    Total$23,511 $28,028 
As of September 30, 2024 and December 31, 2023, the Company’s intangible accumulated amortization totaled $70.1 million and $69.9 million, respectively. During the three months ended September 30, 2024 and 2023, the Company’s intangible amortization expense totaled $1.5 million and $2.4 million, respectively. During the nine months ended September 30, 2024 and 2023, the Company’s intangible amortization expense totaled $5.2 million and $8.1 million, respectively.