| OTHER ASSETS |
NOTE 10. OTHER ASSETS Other assets consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands): | | | | | | | | | As of | | | June 30, 2026 | | December 31, 2025 | Income Property Tenant Receivables, Net of Allowance for Doubtful Accounts (1) | | $ | 4,032 | | $ | 3,936 | Income Property Straight-line Rent Adjustment | | | 8,934 | | | 8,889 | Income Property Leasing Commissions and Costs, Net | | | 10,050 | | | 9,303 | Operating Leases - Right-of-Use Asset | | | 183 | | | 241 | Cash Flow Hedge - Interest Rate Swap | | | 6,071 | | | 2,999 | Prepaid Expenses, Deposits, and Other | | | 18,500 | | | 7,770 | Due from Alpine Income Property Trust, Inc. | | | 1,834 | | | 2,379 | Financing Costs, Net of Accumulated Amortization | | | 393 | | | 690 | Total Other Assets | | $ | 49,997 | | $ | 36,207 |
(1) | Allowance for doubtful accounts was $3.3 million and $2.6 million as of June 30, 2026 and December 31, 2025, respectively. |
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