Related Party Transactions

3 Months Ended

Mar. 31, 2023

Related Party Transactions [Abstract]

Related Party Transactions

Note 11. Related Party Transactions

With the completion of the Company's merger with WHLR, the Company became a wholly-owned subsidiary of WHLR. WHLR performs property management and leasing services for the Company. During the three months ended March 31, 2023, the Company paid WHLR $0.4 million for these services. The related party amounts due to WHLR as of March 31, 2023 were $8.0 million, which consists primarily of costs paid on the Company's behalf relating to 2022 financings, real estate taxes, and the Company's share of executive compensation. The related party amounts due to WHLR as of December 31, 2022 were $7.3 million, which consisted primarily of costs paid on the Company's behalf relating to 2022 financings and real estate taxes.