Other Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2023

Other Assets and Liabilities [Abstract]

Components of Other Assets

The following table summarizes the components of other assets ($ in thousands):

	June 30, 2023		December 31, 2022
Deferred financing costs, net	$	88	$	331
Receivables		188		250
Acquisition costs		323		216
Prepaid expenses		470		187
Interest receivable		106		102
Straight-line rent receivable		94		32
Other		41		49
Total	$	1,310	$	1,167

Components of Accounts Payable, Accrued Expenses and Other Liabilities

The following table summarizes the components of accounts payable, accrued expenses and other liabilities ($ in thousands):

	June 30, 2023		December 31, 2022
Real estate taxes payable	$	—	$	2,159
Accrued expenses		1,643		1,155
Accounts payable		108		867
Distributions payable(1)		431		234
Tenant security deposits		206		183
Other		26		254
Total	$	2,414	$	4,852

(1) Included in distributions payable is $0.2 million and $0.2 million as of June 30, 2023 and December 31, 2022, respectively, relating to distributions declared on Class E units.