v3.26.1
Other Assets and Other Liabilities
3 Months Ended
Mar. 31, 2026
Other Assets And Other Liabilities [Abstract]  
Other Assets and Other Liabilities
9.
Other Assets and Other Liabilities

 

The following table summarizes the components of Other assets ($ in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

Intangible assets, net

 

$

134,582

 

 

$

138,796

 

Receivables

 

 

94,142

 

 

 

95,555

 

Derivative instruments

 

 

61,969

 

 

 

83,223

 

Prepaid expenses

 

 

11,879

 

 

 

22,619

 

Deferred financing costs, net

 

 

8,588

 

 

 

9,530

 

Interest receivable

 

 

6,774

 

 

 

211

 

Other

 

 

3,659

 

 

 

3,713

 

Total other assets

 

$

321,593

 

 

$

353,647

 

 

The following table summarizes the components of Other liabilities ($ in thousands):

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Derivative instruments

 

$

56,422

 

 

$

59,520

 

Accounts payable and accrued expenses

 

 

55,948

 

 

 

69,914

 

Real estate taxes payable

 

 

47,299

 

 

 

61,182

 

Tenant security deposits

 

 

47,291

 

 

 

46,563

 

Accrued interest expense

 

 

46,899

 

 

 

50,262

 

Distributions payable

 

 

39,653

 

 

 

39,888

 

Deferred tax liabilities

 

 

35,222

 

 

 

35,567

 

Intangible liabilities, net

 

 

30,723

 

 

 

32,376

 

Right-of-use liability - operating leases

 

 

12,216

 

 

 

12,242

 

Deferred income

 

 

10,358

 

 

 

8,950

 

Other taxes payable

 

 

9,468

 

 

 

9,019

 

Other

 

 

9,309

 

 

 

7,673

 

Total other liabilities

 

$

400,808

 

 

$

433,156