Lease Incentives (Tables)

3 Months Ended

Mar. 31, 2023

Lease Incentives

Summary of lease incentive activity

The following table summarizes our lease incentives activity for the three months ended March 31, 2023 and 2022 (in thousands):

	Three Months Ended March 31,
		2023		2022
Lease incentives funded	$	—	$	8
Amortization of lease incentives		(209)		(223)
Adjustment for collectability of lease incentives		—		(173)	(1)
Other adjustments		(9)		(13)
Net (decrease) in non-contingent lease incentives	$	(218)	$	(401)

(1) Represents the lease incentive balance write-off related to a closed property and subsequent lease termination.