Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2020

Commitments And Contingencies Disclosure [Abstract]

Summary of Reconciliation of Undiscounted Future Minimum Lease Payments for its Ground Lease and Executive Office Lease Agreements to Right-of-Use Liabilities

The following table represents a reconciliation of the Company’s undiscounted future minimum lease payments for its ground lease and executive office lease agreements applicable to right-of-use liabilities as of December 31, 2020:

2021	$	1,113,000
2022		1,112,000
2023		1,112,000
2024		1,114,000
2025		993,000
Thereafter		28,554,000
Total undiscounted future minimum lease payments		33,998,000
Future minimum lease payments, discount		(19,921,000	)
Right-of-use liabilities	$	14,077,000