ACCRUED AND OTHER LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2022

ACCRUED AND OTHER LIABILITIES

Schedule of components of accrued and other liabilities

Accrued and other liabilities consisted of the following (in thousands):

	As of
	June 30, 2022		December 31, 2021
Accrued Property Taxes	$	3,637	$	813
Reserve for Tenant Improvements		4,227		5,457
Tenant Security Deposits		2,097		1,942
Accrued Construction Costs		2,835		190
Accrued Interest		448		431
Environmental Reserve		67		81
Cash Flow Hedge - Interest Rate Swaps		—		26
Operating Leases - Liability		112		198
Other		2,282		3,983
Total Accrued and Other Liabilities	$	15,705	$	13,121