Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt Obligations

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

	September 30, 2024		December 31, 2023
Mortgages payable	$	451,401	$	426,436
Junior subordinated notes	37,400		37,400
Credit facility	—		—
Deferred financing costs (1)	(4,496)		(4,266)
Total debt obligations, net of deferred costs	$	484,305	$	459,570

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(1) Excludes $409 and $289 of deferred financing costs related to the credit facility which are reflected in other assets at September 30, 2024 and December 31, 2023 respectively.