OTHER INTANGIBLE ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Liabilities and Related Accumulated Amortization and Accretion

A schedule of our intangible assets and liabilities and related accumulated amortization and accretion as of December 31, 2022 and 2021, is as follows:

	As of December 31,
	2022		2021
	(in thousands)
Intangible assets:
Acquired in-place leases, net of accumulated amortization of $7,795 and $9,030, respectively, with an average useful life of 8 and 9 years, respectively	$	1,488	$	2,266
Acquired above-market leases, net of accumulated amortization of $39 and $27, respectively, both with an average useful life of 6 years	16		28
Trade name and license	2,957		2,957
Total intangible assets, net	$	4,461	$	5,251
Intangible lease liabilities:
Acquired below-market leases, net of accumulated amortization of $22 and $1,134, respectively, with an average useful life of 1 and 5 years, respectively	$	20	$	237

Schedule of Amortization of Acquired Leases

During the years ended December 31, 2022 and 2021, the Company recognized amortization related to its intangible assets and liabilities as follows:

	Year Ended December 31,
	2022		2021
	(in thousands)
Acquired above-market lease amortization	$	12	$	12
Acquired in-place lease amortization	$	846	$	1,050
Acquired below-market lease amortization	$	254	$	350

Schedule of Future Amortization and Accretion of Acquisition Related Intangible Assets and Liabilities

A schedule of future amortization and accretion of acquired intangible assets and liabilities as of December 31, 2022, is as follows:

	Assets				Liabilities
	Acquired		Acquired		Acquired
	Above-Market		In-Place		Below-Market
Years Ending December 31,	Leases		Leases		Leases
	(in thousands)
2023	$	10	$	503	$	(20)
2024	5		374		—
2025	1		171		—
2026	—		123		—
2027	—		123		—
Thereafter	—		194		—
	$	16	$	1,488	$	(20)