Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments And Contingencies Disclosure [Abstract]

Summary of Tenant Improvement Allowances Included in Accounts Payable and Other Liabilities

Balances associated with tenant improvement allowances are included in Accounts payable and other liabilities on the Consolidated Balance Sheets as follows:

	December 31,
(in thousands)	2019		2018
Tenant improvement allowances	$	2,706	$	2,125

Summary of Total Lease Costs Associated with Operating Leases

The following table summarizes the total lease costs associated with these leases, reported as a component of Property and operating expense in the accompanying Consolidated Statements of Income and Comprehensive Income:

	For the years ended December 31,
(in thousands)	2019		2018
Operating lease costs	$	139	$	59
Variable lease costs		46		23
Total lease costs	$	185	$	82

Summary of Payments Associated with Obligations Under Operating Leases

The following table summarizes payments associated with obligations under operating leases, reported as Cash flows from operating activities on the accompanying Consolidated Statements of Cash Flows:

	For the years ended December 31,
(in thousands)	2019		2018
Operating lease payments	$	158	$	52

Summary of Estimated Future Lease Payments Required Under Non-cancelable Operating Leases as well as Reconciliation to Lease Liabilities

Estimated future lease payments required under non-cancelable operating leases at December 31, 2019, and a reconciliation to the lease liabilities, is as follows:

(in thousands)
2020	$	114
2021		114
2022		116
2023		118
2024		119
Thereafter		2,411
Total undiscounted cash flows		2,992
Less imputed interest		(1,783	)
Lease liabilities	$	1,209