Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Details of Intangible Assets

The Company’s intangible assets, net consist of the following:

	December 31,
	2023			2022
Anchor tenant relationships (a)	$	—		$	1,761
In-place leases (b)		2,221			3,579
Policy renewal rights - United		10,100			10,100
Non-compete agreements - United (c)		314			314
Total, at cost		12,635			15,754
Less: accumulated amortization		(4,976	)		(5,176	)
Intangible assets, net	$	7,659		$	10,578

(a)An anchor tenant is a tenant that attracts more customers than other tenants.

(b)Amortization related to the Haines City property is expected to start in June 2024.

(c)Fully amortized prior to January 1, 2023.

Schedule of Remaining Weighted-Average Amortization Period for Intangible Assets

The remaining weighted-average amortization periods for the intangible assets as of December 31, 2023 are summarized in the table below:

In-place leases	18.6 years
Policy renewal rights - United	2.3 years

Schedule of Amortization Expense for Intangible Assets

Amortization expense for intangible assets after December 31, 2023 is as follows:

Year	Amount
2024	$	2,478
2025		2,521
2026		853
2027		125
2028		125
Thereafter		1,557
Total	$	7,659