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v3.23.2

RELATED PARTY TRANSACTIONS - Compensation and Services Agreement (Details) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Affiliated Entity | Majestic |  |  |  |
Related Party Transactions |  |  |  |
Aggregate fees under compensation and services agreement | $ 810,000 | $ 760,000 | $ 1,689,000 | $ 1,526,000
Property management services | 358,000 | 329,000 | 786,000 | 666,000
Additional payment for the entity's share of all direct office expenses | 79,000 | 79,000 | $ 159,000 | 159,000
Affiliated Entity | Majestic | Net lease tenants |  |  |  |
Related Party Transactions |  |  |  |
Property management costs as a percentage of rental payments |  |  | 1.50% |
Affiliated Entity | Majestic | Operating lease tenants |  |  |  |
Related Party Transactions |  |  |  |
Property management costs as a percentage of rental payments |  |  | 2.00% |
Executive officers and others |  |  |  |
Related Party Transactions |  |  |  |
Stock incentive plan expense | $ 643,000 | $ 643,000 | $ 1,284,000 | $ 1,287,000

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