Real Estate Assets (Tables)

12 Months Ended

Dec. 31, 2021

Real Estate Assets

Schedule of real estate assets

	Estimated
	Useful Lives	December 31, 2021		December 31, 2020
Land		$	55,135	$	33,084
Land improvements	10 to 30 years		67,360		45,827
Buildings and improvements	10 to 40 years		311,360		233,250
Tenant improvements	Shorter of useful life or terms of related lease		35,061		34,899
Machinery and equipment	3 to 20 years		—		10,958
Construction in progress			21,137		4,036
Development costs			3,673		5,106
			493,726		367,160
Accumulated depreciation			(99,560)		(124,839)
		$	394,166	$	242,321

Schedule of total depreciation expense and capitalized interest related to real estate assets

					Month Ended
	Year Ended December 31,				December 31,
	2021		2020		2020
Depreciation expense	$	12,944	$	11,930	$	977

Schedule of purchase price allocation

2021	7770 Palmetto		2345 Township		2850 Interstate		7800 Tuckaseegee		6355 Farm Bureau			Jetport Land		American Pkwy Land	Total
Land	$	3,166	$	1,197	$	2,369	$	4,606	$	2,163	$	5,658	$	4,229	$	23,388
Land improvements		4,182		671		2,832		3,526		388		—		—		11,599
Buildings and improvements		20,077		12,337		12,280		33,348		10,036		—		—		88,078
Tenant improvements		113		20		48		200		132		—		—		513
Intangible assets		950		710		558		1,462		918		—		—		4,598
Intangible liabilities		—		—		(228)		(640)		(1,709)		—		—		(2,577)
	$	28,488	$	14,935	$	17,859	$	42,502	$	11,928	$	5,658	$	4,229	$	125,599
2020	170 Sunport		3320 Maggie												Total
Land	$	1,407	$	1,555											$	2,962
Land improvements		523		390												913
Buildings and improvements		3,748		5,887												9,635
Tenant improvements		—		109												109
Intangible assets		71		770												841
Intangible liabilities		—		(790)												(790)
	$	5,749	$	7,921											$	13,670

Schedule of real estate held for sale

Land	$	505
Land improvements		269
Development costs		6,028
	$	6,802