Other Assets and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2026

The following table details the components of Other Assets ($ in thousands):


	June 30, 2026		December 31, 2025
Held-for-sale assets	$	1,311,109	$	700,831
Straight-line rent receivable	1,014,250		934,741
Interest rate and foreign currency hedging derivatives	956,855		960,328

Intangible assets, net	576,414		662,789

Securities held in trust	462,611		392,142
Single family rental homes risk retention securities	378,604		344,479
Receivables, net	373,133		448,551
Deferred leasing costs, net	167,901		163,285
Prepaid expenses	120,300		169,976
Deferred financing costs, net	68,847		83,345
Receivable from service providers(1)	50,935		50,935






Other	153,759		159,597
Total	$	5,634,718	$	5,070,999

The following table details the components of Other Liabilities ($ in thousands):


	June 30, 2026		December 31, 2025
Liabilities related to held-for-sale assets	$	695,781	$	509,025
Right of use lease liability - operating leases	608,566		606,302
Financing of affordable housing development	457,532		388,282
Accounts payable and accrued expenses	363,254		366,400
Real estate taxes payable	294,808		267,891
Stock repurchases payable	288,465		374,933
Accrued interest expense	270,595		290,807
Payable for unsettled investments in real estate debt	214,130		—
Distribution payable	203,469		200,415
Subscriptions received in advance	198,315		142,397
Tenant security deposits	182,711		187,290
Prepaid rental income	114,858		218,058
Intangible liabilities, net	108,107		126,182


Right of use lease liability - financing leases	81,277		80,683
Accrued service provider expenses(2)	33,670		39,458
Interest rate and foreign currency hedging derivatives	16,420		24,274



Other	87,136		122,139
Total	$	4,219,094	$	3,944,536

(1)Refer to the other transactions section of Note 10 for additional information.

(2)Refer to the accrued service provider expenses and incentive compensation awards section of Note 10 for additional information.