| Schedule of Other Assets and Other Liabilities |
The following table details the components of the Company's other assets at the dates indicated:
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Straight-line rent receivables |
|
$ |
8,266 |
|
|
$ |
940 |
|
Tenant receivables |
|
|
6,258 |
|
|
|
1,572 |
|
Prepaid expenses |
|
|
5,594 |
|
|
|
— |
|
Earnest money deposit |
|
|
1,202 |
|
|
|
2,605 |
|
Interest receivable |
|
|
532 |
|
|
|
364 |
|
Investment in an unconsolidated joint venture |
|
|
— |
|
|
|
1,202 |
|
Total other assets: |
|
$ |
21,852 |
|
|
$ |
6,683 |
|
The following table details the components of the Company's other liabilities at the dates indicated:
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Construction payable |
|
$ |
11,738 |
|
|
$ |
— |
|
Unearned rental income |
|
|
6,391 |
|
|
|
2,031 |
|
Distribution payable |
|
|
6,292 |
|
|
|
3,324 |
|
Redemptions payable |
|
|
6,083 |
|
|
|
245 |
|
Accrued deferred lease costs |
|
|
5,918 |
|
|
|
— |
|
Accrued property expenses |
|
|
4,958 |
|
|
|
2,622 |
|
Interest payable |
|
|
4,018 |
|
|
|
868 |
|
Due to tenants |
|
|
679 |
|
|
|
2,335 |
|
Other |
|
|
882 |
|
|
|
— |
|
Total other liabilities: |
|
$ |
46,959 |
|
|
$ |
11,425 |
|
|