v3.26.3
ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES
9 Months Ended
Sep. 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):

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As of

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September 30, 2026

​

December 31, 2025

Accounts Payable

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$

98

​

$

9

Accrued Expenses

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​

4,133

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​

2,416

Tenant Security Deposits

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​

159

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​

124

Due to CTO

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1,483

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​

1,350

Interest Rate Swaps

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​

—

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​

171

Loan Reserves

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6,626

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​

715

Operating Leases - Liability (1)

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4,148

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​

3,092

Total Accounts Payable, Accrued Expenses, and Other Liabilities

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$

16,647

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$

7,877

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