ACCRUED AND OTHER LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024		December 31, 2023
Accrued Property Taxes	$	2,973	$	2,090
Reserve for Tenant Improvements		1,295		1,168
Tenant Security Deposits		2,480		2,301
Accrued Construction Costs		450		1,170
Accrued Interest		1,330		773
Environmental Reserve		54		54
Cash Flow Hedge - Interest Rate Swaps		1,550		4,879
Operating Leases - Liability		380		417
Other		4,029		5,521
Total Accrued and Other Liabilities	$	14,541	$	18,373