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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases  
Schedule of Components of Lease Revenues

The following table summarizes the components of lease revenues (amounts in thousands):

 

 

   2023   2022 
   Years Ended December 31, 
   2023   2022 
Fixed lease revenues  $1,019   $878 
Variable lease revenues (1)   415    282 
Lease revenues (2) (3)  $1,434   $1,160 

 

 

(1) Includes reimbursements for property taxes, insurance, and common area maintenance services.
(2) Excludes lease intangible amortization of $0.8 million, and $0.3 million, for the years ended December 31, 2023, and 2022, respectively.
(3) Excludes straight-line rent of less than $0.1 million for the years ended December 31, 2023, and 2022, respectively.
Summary of Minimum Future Contractual Rents

The following table summarizes the minimum future contractual rents to be received (exclusive of expenses paid by tenants, and percentage of sales rents) on non-cancellable operating leases as of December 31, 2023 (amounts in thousands):

 

For the year ended December 31,    
2024  $931 
2025   1,198 
2026   1,103 
2027   1,087 
2028   1,108 
Thereafter   11,030 
Total (1)  $16,457 

 

 

(1) Excludes $0.1 million of straight-line rent and $1.3 million of lease intangible amortization.