ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

6 Months Ended

Jun. 30, 2023

ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

NOTE 8. ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

Accounts payable, accrued expenses, and other liabilities consisted of the following (in thousands):

	As of
	June 30, 2023		December 31, 2022
Accounts Payable	$	37	$	17
Accrued Expenses		2,535		1,609
Tenant Security Deposits		141		165
Due to CTO		2,272		932
Interest Rate Swap		—		31
Operating Leases - Liability (1)		1,562		1,657
Total Accounts Payable, Accrued Expenses, and Other Liabilities	$	6,547	$	4,411

(1) See Note 7, “Operating Land Leases” for further disclosure related to the Company’s operating lease liability balance as of June 30, 2023.