Note 5 - Unamortized Lease Commissions and Deferred Legal Cost, Net

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Unamortized Lease Commissions and Loan Costs [Text Block]

5.	Unamortized Lease Commissions and Deferred Legal Cost, Net

Costs which have been deferred consist of the following (in thousands):

		June 30, 2023				December 31, 2022
Leasing commissions		$	1,743			$	1,358
Deferred legal cost			15				12
Total cost			1,758				1,370
Less: leasing commissions accumulated amortization			(1,466	)			(1,063	)
Less: deferred legal cost accumulated amortization			(12	)			(12	)
Total cost, net of accumulated amortization		$	280			$	295

A summary of expected future amortization of deferred costs is as follows (in thousands):

Years Ended December 31,		Leasing Commissions and Deferred Legal Costs
2023 (remaining)		$	64
2024			100
2025			70
2026			36
2027			9
2028			1
Total		$	280