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Income Taxes
 9 Months Ended
Sep. 30, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and are generally not subject to federal and state income taxes provided we distribute a sufficient amount of our taxable income to our shareholders and meet other requirements for qualifying as a REIT.  However, we are subject to certain state and local taxes without regard to our REIT status.
Our provision for income taxes consists of the following (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Current:
State and local
$(22)$(30)$(486)$(90)
Federal
— — — (1,816)
Income tax expense$(22)$(30)$(486)$(1,906)

Federal income tax expense in the 2023 period relates to federal income taxes at our taxable REIT subsidiary.