v3.26.1
Prepaid Expenses and Other Assets, Net
 3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Assets, Net Prepaid Expenses and Other Assets, net
Prepaid expenses and other assets, net, consisted of the following:
March 31, 2026December 31, 2025
(in thousands)
Furniture, fixtures, and other long-lived assets, net (1)
$26,654 $29,179 
Prepaid expenses, net8,193 11,000 
Deferred financing costs, net (2)
8,264 9,150 
Other assets9,162 5,232 
Total prepaid expenses and other assets, net$52,273 $54,561 
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(1)Includes $32.3 million and $43.4 million of accumulated depreciation for furniture, fixtures, and other long-lived assets as of March 31, 2026 and December 31, 2025, respectively.
(2)Refer to Note 4 “Secured and Unsecured Debt of the Operating Partnership” for a discussion of the deferred financing costs for the unsecured revolving credit facility.