| Schedule of Other Assets and Other Liabilities |
The following table details the components of the Company's other assets at the dates indicated:
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
|
December 31, 2024 |
|
Investment in unconsolidated joint venture |
|
$ |
5,821 |
|
|
$ |
1,202 |
|
Prepaid expenses |
|
|
3,837 |
|
|
|
— |
|
Straight-line rent receivables |
|
|
3,405 |
|
|
|
940 |
|
Tenant receivables |
|
|
2,828 |
|
|
|
1,572 |
|
Interest receivable |
|
|
538 |
|
|
|
364 |
|
Earnest money deposit |
|
|
250 |
|
|
|
2,605 |
|
Total other assets: |
|
$ |
16,679 |
|
|
$ |
6,683 |
|
The following table details the components of the Company's other liabilities at the dates indicated:
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
|
December 31, 2024 |
|
Construction payable |
|
$ |
9,473 |
|
|
$ |
— |
|
Accrued property expenses |
|
|
4,488 |
|
|
|
2,622 |
|
Redemptions payable |
|
|
4,367 |
|
|
|
245 |
|
Distribution payable |
|
|
4,125 |
|
|
|
3,324 |
|
Unearned rental income |
|
|
1,934 |
|
|
|
2,031 |
|
Due to tenants |
|
|
1,698 |
|
|
|
2,335 |
|
Interest payable |
|
|
1,030 |
|
|
|
868 |
|
Other |
|
|
1,102 |
|
|
|
— |
|
Total other liabilities: |
|
$ |
28,217 |
|
|
$ |
11,425 |
|
|