Lease Incentives (Tables)

6 Months Ended

Jun. 30, 2023

Lease Incentives

Summary of lease incentive activity

The following table summarizes our lease incentives activity for the six months ended June 30, 2023 and 2022 (in thousands):

	Six Months Ended June 30,
		2023		2022
Lease incentives funded	$	19	$	8
Amortization of lease incentives		(413)		(429)
Adjustment for collectability of lease incentives		—		(173)	(2)
Other adjustments (1)		(35)		(174)
Net decrease in non-contingent lease incentives	$	(429)	$	(768)

(1) Primarily relates to lease incentive balance write-off related to property sales.

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