Note 5 - Unamortized Lease Commissions, Legal Fees and Loan Costs

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Unamortized Lease Commissions and Loan Costs [Text Block]

5. UNAMORTIZED LEASE COMMISSIONS, LEGAL FEES AND LOAN COSTS

Costs which have been deferred consist of the following (in thousands):

	September 30, 2024			December 31, 2023
Leasing commissions	$	20,737		$	19,462
Deferred legal cost		293			356
Deferred financing cost		4,149			4,149
Total cost		25,179			23,967
Less: leasing commissions accumulated amortization		(8,930	)		(8,744	)
Less: deferred legal cost accumulated amortization		(258	)		(272	)
Less: deferred financing cost accumulated amortization		(1,843	)		(1,168	)
Total cost, net of accumulated amortization	$	14,148		$	13,783