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
Other assets on the consolidated balance sheets as of June 30, 2025 and December 31, 2024 included the following ($ in thousands):
20252024
Predevelopment costs and earnest money (1)$64,422 $58,224 
Prepaid expenses and other assets10,689 4,492 
Lease inducements, net of accumulated amortization of $9,142 and $8,181 in 2025 and 2024, respectively (2)
11,864 11,024 
Furniture, fixtures and equipment and other deferred costs, net of accumulated depreciation of $20,817 and $20,004 in 2025 and 2024, respectively
9,171 9,491 
Credit Facility deferred financing costs, net of accumulated amortization of $4,058 and $3,416 in 2025 and 2024, respectively
2,346 2,988 
$98,492 $86,219 
(1)    Predevelopment costs represent amounts that are capitalized related to predevelopment projects that the Company determined are probable of future development.
(2)     Represents incentives paid to tenants in conjunction with leasing space, such as moving costs, sublease arrangements of prior space, and other costs. These amounts are amortized into rental revenues over the individual underlying lease terms.