v3.26.1
OTHER ASSETS, NET (Tables)
 3 Months Ended
Mar. 31, 2026
Other Assets [Abstract]  
Schedule of Other Assets
The following is a summary of Other Assets, Net outstanding as of March 31, 2026 and December 31, 2025 (in thousands):
March 31, 2026December 31, 2025
Other assets, net:
Deferred leasing commissions and costs$62,013 $61,479 
Deferred financing expenses(1)
16,308 16,308 
Office equipment, including capital lease assets, and other30,941 30,062 
Corporate intangible assets6,703 6,703 
Total depreciable and amortizable assets115,965 114,552 
Accumulated depreciation and amortization(60,547)(59,326)
Net depreciable and amortizable assets55,418 55,226 
Accounts receivable, net(2)
57,728 52,032 
Accounts receivable - affiliates 1,569 1,525 
Secured loan receivable(3)
13,620 17,395 
Deferred rent receivable, net(4)
83,249 80,669 
Derivative assets248 177 
Prepaid expenses and other13,680 14,029 
Investment in third parties6,856 6,876 
Investment in marketable securities15,327 16,355 
Total other assets, net$247,695 $244,284 
(1)Deferred financing expenses per the above table are related to our revolving credit facility, and as such we have elected to classify them as an asset rather than as a contra-liability.
(2)Net of $2.4 million and $2.6 million of general reserves for uncollectible amounts as of March 31, 2026 and December 31, 2025, respectively. Receivables that were removed for tenants considered to be non-creditworthy were $6.2 million and $6.5 million as of March 31, 2026 and December 31, 2025, respectively.
(3)Secured loan receivable relates to the financing provided for the sale of one of our properties during the three months ended March 31, 2025. See Note 4.
(4)Net of $4.0 million and $4.3 million of receivables removed as of March 31, 2026 and December 31, 2025, respectively, related to straight-line rent for tenants previously or currently considered to be non-creditworthy.