v3.25.2
Other assets (Tables)
 6 Months Ended
Jun. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets The following table summarizes the components of other assets as of June 30, 2025 and December 31, 2024 (in thousands):
June 30, 2025
December 31, 2024
Acquired in-place leases
$255,170
$305,144
Deferred compensation plan
49,943
47,727
Deferred financing costs – unsecured senior line of credit
44,231
49,056
Deposits
29,772
21,768
Furniture, fixtures, equipment, and software
54,352
39,558
Net investment in leases
60,271
41,503
Notes receivable
216,762
120,546
Operating lease right-of-use assets
717,125
(1)
764,472
Other assets
101,423
96,690
Prepaid expenses
27,109
33,567
Property, plant, and equipment
131,933
141,275
Total
$1,688,091
$1,661,306
(1)Refer to “Leases in which we are the lessee" section within Note 5 – “Leases” for information about the decrease in this balance since December 31, 2024.
Schedule of Accounts, Notes, Loans and Financing Receivable Our notes receivable as of June 30, 2025 and December 31, 2024 consisted of the following (dollars in thousands): 
As of June 30, 2025
Weighted Average
Notes Receivable
Effective
Interest Rate
Maturity
Date
Balance
December 31, 2024
Secured by real estate assets in San Diego
10.1%
11/4/28
$199,505
$103,427
Secured by real estate assets in Greater Boston
4.6%
12/16/29
17,730
17,356
Less: provision for expected credit losses
(473)
(237)
Notes receivable
$216,762
$120,546