v3.26.1
Other Assets and Liabilities
 3 Months Ended
Mar. 31, 2026
OTHER ASSETS AND LIABILITIES [Abstract]  
Other Assets and Liabilities
5. Other Assets and Liabilities

Other Assets, Net The following table summarizes the significant components of Other assets, net:
thousandsMarch 31, 2026December 31, 2025
Special Improvement District receivable, net $91,295 $90,417 
Security, escrow, and other deposits 53,938 54,608 
Prepaid expenses 27,486 15,883 
In-place leases, net 27,409 28,486 
Other 11,253 7,836 
Intangibles, net 10,778 7,930 
Tenant incentives and other receivables, net 4,277 15,259 
TIF receivable, net 3,976 4,012 
Derivative assets 3,829 3,113 
Notes receivable, net 3,572 2,932 
Net investment in lease receivable 2,867 2,781 
Condominium inventory 886 3,937 
Other assets, net$241,566 $237,194 
Accounts Payable and Other Liabilities The following table summarizes the significant components of Accounts payable and other liabilities:
thousandsMarch 31, 2026December 31, 2025
Condominium deposit liabilities $779,290 $748,795 
Construction payables 246,962 263,845 
Deferred income 156,821 166,121 
Tenant and other deposits 63,723 59,736 
MUD sale liability 60,721 64,364 
Accounts payable and accrued expenses 29,416 56,684 
Other 27,604 27,911 
Accrued interest 26,147 50,800 
Accrued real estate taxes 19,006 35,311 
Accrued payroll and other employee liabilities 12,801 29,326 
Derivative liabilities 1,556 689 
Accounts payable and other liabilities$1,424,047 $1,503,582