Other Assets and Deferred Charges, Net (Tables)

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Components of Other Assets and Deferred Charges, Net

Other assets and deferred charges, net, at December 31, 2022 and 2021 are composed of the following:

	December 31,
	2022		2021
Lease origination costs (a)	$	4,747,000	$	4,710,000
Right-of-use assets		2,062,000		9,861,000
Prepaid expenses		1,029,000		7,255,000
Investments related to share-based compensation		—		955,000
Unsecured revolving credit facility financing costs		—		1,134,000
Leasehold improvements, furniture and fixtures		—		50,000
Other		86,000		(188,000	)
Total other assets and deferred charges, net	$	7,924,000	$	23,777,000

(a)Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $0.1 million (cost of $1.8 million and accumulated amortization of $1.7 million) and $0.1 million (cost of $3.1 million and accumulated amortization of $3.0 million) as of December 31, 2022 and 2021, respectively.

Schedule of Future Charges of Unamortized Balances of Deferred Lease Origination Costs

	Lease
	origination
	costs
2023	$	759,000
2024		766,000
2025		666,000
2026		596,000
2027		545,000
Thereafter		1,415,000
	$	4,747,000