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Mortgage Notes
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Mortgage Notes

Note 8 - Mortgage Notes

During October 2023, the Company entered into a $36.0 million, non-amortizing, mortgage loan secured by one of its real estate equity properties. The loan has a fixed interest rate of 6.05% and a five year term with a maturity date in November 2028. There have been no repayments on this mortgage loan during the three and nine months ended September 30, 2024. At September 30, 2024 and December 31, 2023, the mortgage note is carried net of unamortized deferred financing costs of $0.4 million and $0.5 million, respectively, on the Company's condensed consolidated balance sheet. During the three and nine months ended September 30, 2024, the Company recorded $21 thousand and $63 thousand of deferred financing cost amortization, respectively, which is included within interest expense in the condensed consolidated statement of operations. The Company is in compliance with all covenants as of September 30, 2024.