v3.26.1
Other Assets and Liabilities (Tables)
 6 Months Ended
Jun. 30, 2026
Other Assets and Liabilities [Abstract]  
Components of Other Assets
The following table summarizes the components of other assets ($ in thousands):
June 30, 2026December 31, 2025
Lease inducement asset$10,498 $10,874 
Investment in sales-type leases, net8,511 — 
Straight-line rent receivable5,781 3,275 
Deferred financing costs, net2,064 2,565 
Prepaid expenses2,054 1,244 
Tenant receivables1,718 2,400 
Pre-acquisition costs1,671 352 
Interest receivable1,518 1,226 
Other1,557 374 
Total$35,372 $22,310 
Components of Accounts Payable, Accrued Expenses and Other Liabilities
The following table summarizes the components of accounts payable, accrued expenses and other liabilities ($ in thousands):
June 30, 2026December 31, 2025
Accrued expenses7,475 5,947 
Real estate taxes payable4,574 1,582 
Distributions payable4,105 3,433 
Tenant security deposits3,976 2,786 
Deferred rental income2,691 3,180 
Accounts payable2,331 2,194 
Redemptions payable(1)
1,075 6,955 
Other965 779 
Total$27,192 $26,856 
(1)Includes $6.1 million relating to Mandatorily Redeemable Instruments held by the Adviser as of December 31, 2025.