Actinium Pharmaceuticals, Inc. 10-K

ITEM 2. PROPERTIES. We do not own any real property. We have leased offices at 275 Madison Avenue, New York, NY for seven years and our long-term lease for this space expired in 2022. We entered into a short-term lease for the same space until April 2023 with a monthly rate of $53 thousand. We are also responsible for certain other costs, such as insurance and maintenance. We issued a letter of credit of $391 thousand in connection with the lease and maintain a $391 thousand certified deposit as collateral for the letter of credit. We entered into a lease for corporate office space at 100 Park Avenue, New York, NY effective June 1, 2022. The lease has a term of 5 years 2 months, with an expiration date in 2027, and a current annual rate of $599 thousand. We are also responsible for certain other costs, such as insurance, taxes, utilities and maintenance. We issued a letter of credit of $299 thousand in connection with the lease and maintain a $299 thousand certified deposit as collateral for the letter of credit. We lease lab space and office space at Albert Einstein College of Medicine, 1300 Morris Park Avenue, Bronx, NY. The lease has a term of twelve months, expiring August 31, 2023, with a current annual rate of $136 thousand.