NOTES PAYABLE, NET (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of maturities for notes payable outstanding

The following is a schedule of future principal payments for all of the Company’s notes payable outstanding as of March 31, 2023 (amounts in thousands): 

Remainder of 2023	$	—
2024	18,000
Total future principal payments	18,000
Unamortized financing costs, net	40
Notes payable, net	$	17,960

Interest Income and Interest Expense Disclosure

The following table sets forth interest costs incurred by the Company for the periods presented (amounts in thousands):

	Three Months Ended March 31,
	2023		2022
Expensed
Interest costs, net of amortization of deferred financing costs	$	355	$	212
Amortization of deferred financing costs	13		108
Total interest expensed	$	368	$	320
Capitalized
Interest costs, net of amortization of deferred financing costs	$	—	$	383
Amortization of deferred financing costs	—		44
Total interest capitalized	$	—	$	427