Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Debt Obligations

Debt obligations consist of the following (dollars in thousands):

	September 30, 2023		December 31, 2022
Mortgages payable	$	427,159	$	407,958
Junior subordinated notes	37,400		37,400
Credit facility (1)	—		19,000
Deferred financing costs	(4,486)		(4,941)
Total debt obligations, net of deferred costs	$	460,073	$	459,417

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(1) Excludes $342,000 of deferred financing costs which are reflected in other assets at September 30, 2023.