Other Assets |
A summary of the Company’s Other assets, net follows: | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (In thousands) | Leasing costs (principally commissions) | $ | 180,568 | | | 173,582 | | Accumulated amortization of leasing costs | (67,145) | | | (63,179) | | Leasing costs (principally commissions), net of accumulated amortization | 113,423 | | | 110,403 | | | | | | Acquired in-place lease intangibles | 57,689 | | | 59,101 | | Accumulated amortization of acquired in-place lease intangibles | (25,316) | | | (20,443) | | Acquired in-place lease intangibles, net of accumulated amortization | 32,373 | | | 38,658 | | | | | | Acquired above market lease intangibles | 564 | | | 564 | | Accumulated amortization of acquired above market lease intangibles | (422) | | | (376) | | Acquired above market lease intangibles, net of accumulated amortization | 142 | | | 188 | | | | | | Straight-line rents receivable | 91,980 | | | 83,722 | | Accounts receivable | 6,812 | | | 10,033 | | | | | | Interest rate swap assets | 13,227 | | | 21,953 | | Right of use assets — Office leases (operating) | 1,942 | | | 2,228 | | Goodwill | 990 | | | 990 | | Escrow deposits and prepaid costs for pending transactions | 4,785 | | | 3,336 | | Prepaid insurance | 652 | | | 6,469 | | Receivable for insurance proceeds | 2,028 | | | 3,863 | | Prepaid expenses and other assets | 6,840 | | | 8,316 | | Total Other assets, net | $ | 275,194 | | | 290,159 | |
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