Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt Obligations

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

	March 31, 2024		December 31, 2023
Mortgages payable	$	425,632	$	426,436
Junior subordinated notes	37,400		37,400
Credit facility (1)	—		—
Deferred financing costs	(4,049)		(4,266)
Total debt obligations, net of deferred costs	$	458,983	$	459,570

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(1) Excludes $236 and $289 of deferred financing costs which are reflected in other assets at March 31, 2024 and December 31, 2023 respectively..