v3.26.1
Deferred Costs and Other Assets, Net
 6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs and Other Assets, Net Deferred Costs and Other Assets, Net
Deferred costs and other assets, net of accumulated amortization are as follows (in thousands, excluding held for sale):
June 30, 2026December 31, 2025
Leases in place, net$5,246 $6,157 
Lease origination costs, net5,536 5,906 
Ground lease sandwich interest, net434 571 
Legal and marketing costs, net78 98 
Tenant relationships, net43 46 
Prepaid expenses3,175 2,686 
    Total$14,512 $15,464 
As of June 30, 2026 and December 31, 2025, the Company’s intangible accumulated amortization totaled $68.1 million and $67.9 million, respectively. During the three months ended June 30, 2026 and 2025, the Company’s intangible amortization expense totaled $0.8 million and $1.2 million, respectively. During the six months ended June 30, 2026 and 2025, the Company’s intangible amortization expense totaled $1.7 million and $2.8 million, respectively.