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Subsequent Events
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events

Note 12 – Subsequent Events

 

Management has evaluated subsequent events to determine if events or transactions occurring after the balance sheet date through the date the consolidated financial statements were issued require potential adjustment to or disclosure in the consolidated financial statements and has concluded that, except as set forth below, all such events or transactions that would require recognition or disclosure have been recognized or disclosed.

 

Through the date of this Form 10-Q, we drew down an additional $6.5 million on the 1991 Main Construction Loan.

 

On August 8, 2024, additional phases of our 1991 Main development project, totaling approximately $37 million in capitalized cost, reached substantial completion and were placed into service.