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Prepaid Expenses and Other Assets, net
 3 Months Ended
Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Assets, net Prepaid Expenses and Other Assets, net    
The following table summarizes the Company’s prepaid expenses and other assets, net as of:
March 31, 2025December 31, 2024
Non-real estate investments$48,227 $50,373 
Deferred tax assets15 8 
Interest rate derivative assets3,093 4,325 
Prepaid insurance2,030 10,074 
Deferred financing costs, net2,567 2,165 
Prepaid property tax1,064 2,129 
Other28,861 21,040 
PREPAID EXPENSES AND OTHER ASSETS, NET$85,857 $90,114 

Non-Real Estate Investments

The Company measures its investments in funds that do not have a readily determinable fair value using the Net Asset Value (“NAV”) practical expedient and uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value of the investment. Changes in the fair value of these non-real estate investments are included in unrealized loss on non-real estate investments on the Consolidated Statements of Operations. During the three
months ended March 31, 2025 and 2024, the Company recognized unrealized losses of $0.4 million and $0.9 million, respectively, on its non-real estate investments due to the changes in fair value.