ACCRUED AND OTHER LIABILITIES (Tables)

6 Months Ended

Jun. 30, 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
	June 30, 2023		December 31, 2022
Accrued Property Taxes	$	4,634	$	716
Reserve for Tenant Improvements		3,396		6,186
Tenant Security Deposits		2,796		2,719
Accrued Construction Costs		650		903
Accrued Interest		689		872
Environmental Reserve		61		67
Cash Flow Hedge - Interest Rate Swaps		—		397
Operating Leases - Liability		468		64
Other		5,653		6,104
Total Accrued and Other Liabilities	$	18,347	$	18,028