Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Summary of Fixed and Variable Components of Company's Operating Leases

The following table summarizes the fixed and variable components of the Company's operating lease as of June 30, 2023 ($ in thousands):

	Three Months Ended June 30,			Six Months Ended June 30,
	2023			2023
Fixed lease payments	$	945		$	1,849
Variable lease payments		112			203
Lease Revenue	$	1,057		$	2,052
Above-market lease amortization		(3	)		(5	)
Rental Revenue	$	1,054		$	2,047

Summary of Undiscounted Future Minimum Rents Company Expects to Receive for its Industrial Property

The following table presents the undiscounted future minimum rents the Company expects to receive for its industrial property as of June 30, 2023 ($ in thousands):

Year	Future Minimum Rents
2023 (remaining)	$	1,512
2024		3,106
2025		3,207
2026		3,311
2027		3,419
2028		3,530
Thereafter		38,192
Total	$	56,277