v3.24.2
Other Expenses (Tables)
 6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
Schedule of General and Administrative Expenses
General and administrative expenses consisted of the following ($ in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Professional services$3,817 $3,291 $7,957 $6,570 
Operating and other costs1,881 2,066 3,357 3,997 
Subtotal(1)
5,698 5,357 11,314 10,567 
Non-cash compensation expenses
Restricted class A common stock earned7,761 7,492 15,672 14,984 
Director stock-based compensation201 173 402 336 
Subtotal7,962 7,665 16,074 15,320 
Total general and administrative expenses$13,660 $13,022 $27,388 $25,887 
(1)During the three and six months ended June 30, 2024, we recognized an aggregate $320,000 and $543,000, respectively, of expenses related to our Multifamily Joint Venture. During the three and six months ended June 30, 2023, we recognized an aggregate $288,000 and $596,000, respectively, of expenses related to our Multifamily Joint Venture.