v3.26.1
ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

NOTE 11. ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES

Accounts payable, accrued expenses, and other liabilities consisted of the following (in thousands):

As of

June 30, 2026

December 31, 2025

Accounts Payable

$

37

$

9

Accrued Expenses

2,494

2,416

Tenant Security Deposits

124

124

Due to CTO

1,400

1,350

Interest Rate Swaps

171

Loan Reserves

7,028

715

Operating Leases - Liability (1)

3,010

3,092

Total Accounts Payable, Accrued Expenses, and Other Liabilities

$

14,093

$

7,877

(1)See Note 9, “Operating Land Leases” for further disclosure related to the Company’s operating lease liability balance as of June 30, 2026.