Real Estate Assets and Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2022

Real Estate Assets And Discontinued Operations

Schedule of real estate assets

	Estimated
	Useful Lives	June 30, 2022		December 31, 2021
Land		$	64,559	$	55,104
Land improvements	10 to 30 years		67,149		65,520
Buildings and improvements	10 to 40 years		342,610		295,964
Tenant improvements	Shorter of useful life or terms of related lease		32,956		31,576
Construction in progress			44,818		20,799
Development costs			3,834		3,673
			555,926		472,636
Accumulated depreciation			(92,401)		(84,989)
		$	463,525	$	387,647

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

	For the Three Months Ended				For the Six Months Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Depreciation expense	$	3,753	$	2,766	$	7,390	$	5,445

Schedule of purchase price allocation

	782 Paragon Way		3312 Shader Road		6600 High Ridge Road		7700 High Ridge Road		Total
Land	$	1,469	$	2,832	$	1,679	$	2,354	$	8,334
Land improvements		329		213		194		175		911
Buildings and improvements		22,228		11,195		6,340		5,715		45,478
Tenant improvements		—		107		44		40		191
Intangible assets		—		685		422		385		1,492
Intangible liabilities		—		(158)		—		(464)		(622)
	$	24,026	$	14,874	$	8,679	$	8,205	$	55,784

Schedule of real estate held for sale

	June 30, 2022		December 31, 2021
Land	$	31	$	31
Land improvements		1,843		1,840
Buildings and improvements		15,403		15,396
Tenant improvements		3,485		3,485
Construction in progress		1,492		338
		22,254		21,090
Accumulated depreciation		(14,778)		(14,571)
		7,476		6,519
Other assets		1,404		1,471
Total assets of discontinued operations	$	8,880	$	7,990
Accounts payable and accrued liabilities	$	136	$	67
Deferred revenue		511		620
Other liabilities		139		145
Total liabilities of discontinued operations	$	786	$	832