ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2022

ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

Schedule of components of accounts payable accrued expenses and other liabilities

Accounts payable, accrued expenses and other liabilities consisted of the following (in thousands):

	As of
	June 30, 2022		December 31, 2021
Accounts Payable	$	29	$	213
Accrued Expenses		1,885		676
Tenant Security Deposits		164		—
Due to CTO		936		1,301
Interest Rate Swap		—		173
Operating Leases - Liability (1)		1,774		—
Total Accounts Payable, Accrued Expenses, and Other Liabilities	$	4,788	$	2,363

(1) See Note 7, “Operating Land Leases” for further disclosure related to the Company’s operating lease liability balance as of June 30, 2022.