v3.26.1
LIABILITIES FOR ESTIMATED COSTS IN EXCESS OF ESTIMATED RECEIPTS DURING LIQUIDATION (Tables)
3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Schedule of Change in Liabilities for Estimated Costs in Excess of Estimated Receipts
The change in the liabilities for estimated costs in excess of estimated receipts during liquidation as of March 31, 2026 is as follows (in thousands):
As of December 31, 2025Cash Payments (Receipts)Remeasurements of Assets and LiabilitiesAs of March 31, 2026
Assets
Estimated net inflows from income producing property$18,091 $(11,198)$407 $7,300 
Estimated net inflows from interest income1,874 (2,009)281 146 
19,965 (13,207)688 7,446 
Liabilities
Liquidation transaction costs(1)
(33,446)6,928 (582)(27,100)
General and administrative expenses(16,020)4,994 (714)(11,740)
Capital expenditures(2,885)1,941 (730)(1,674)
Interest expense(10,385)6,285 (493)(4,593)
Debt repayment and origination costs, net(828)828 — — 
(63,564)20,976 (2,519)(45,107)
Liabilities for estimated costs in excess of estimated receipts during liquidation$(43,599)$7,769 $(1,831)$(37,661)

(1) Liquidation transaction costs primarily include disposal costs and severance expenses.