ACCRUED AND OTHER LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2023

ACCRUED AND OTHER LIABILITIES

Schedule of components of accrued and other liabilities

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

	As of
	March 31, 2023		December 31, 2022
Accrued Property Taxes	$	2,264	$	716
Reserve for Tenant Improvements		5,063		6,186
Tenant Security Deposits		2,620		2,719
Accrued Construction Costs		650		903
Accrued Interest		1,028		872
Environmental Reserve		67		67
Cash Flow Hedge - Interest Rate Swaps		2,360		397
Operating Leases - Liability		497		64
Other		4,265		6,104
Total Accrued and Other Liabilities	$	18,814	$	18,028