| Other Assets and Other Liabilities |
9.Other Assets and Other Liabilities The following table summarizes the components of Other Assets ($ in thousands):
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Straight-line rent receivable |
|
$ |
46,060 |
|
|
$ |
9,603 |
|
Deposits |
|
|
53,047 |
|
|
|
4,941 |
|
Deferred financing costs, net |
|
|
11,584 |
|
|
|
5,573 |
|
Derivative swap asset |
|
|
— |
|
|
|
948 |
|
Lease commissions, net |
|
|
673 |
|
|
|
696 |
|
Other receivables |
|
|
8,889 |
|
|
|
476 |
|
Total Other Assets |
|
$ |
120,253 |
|
|
$ |
22,237 |
|
The following table summarizes the components of Other Liabilities ($ in thousands):
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Accounts payable |
|
$ |
6,438 |
|
|
$ |
13,974 |
|
Prepaid rental income |
|
|
8,179 |
|
|
|
5,474 |
|
Accrued shareholder servicing fee |
|
|
— |
|
|
|
2,626 |
|
Derivative swap liability |
|
|
800 |
|
|
|
— |
|
Accrued interest payable |
|
|
2,524 |
|
|
|
1,526 |
|
Repurchases payable |
|
|
2,297 |
|
|
|
27 |
|
Other accrued expenses and liabilities |
|
|
7,895 |
|
|
|
2,734 |
|
Total Other Liabilities |
|
$ |
28,133 |
|
|
$ |
26,361 |
|
|