| Major Classes of Assets and Liabilities Classified as Held for Sale |
The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in our consolidated balance sheets:
|
|
|
June 30, 2026
|
|
|
June 30, 2025
|
|
|
Assets
|
|
|
|
|
|
|
|
Real estate assets
|
|
|
|
|
|
|
|
Land
|
|
$
|
1,840,468 |
|
|
$
|
1,840,468 |
|
|
Building, fixtures and improvements
|
|
|
10,329,473 |
|
|
|
10,290,843 |
|
|
Intangible lease assets
|
|
|
1,400,884 |
|
|
|
1,328,236 |
|
|
Less: accumulated depreciation
|
|
|
(1,066,212 |
)
|
|
|
(947,707 |
)
|
|
accumulated amortization
|
|
|
(797,578 |
)
|
|
|
(752,080 |
)
|
|
Total real estate assets, net
|
|
|
11,707,035 |
|
|
|
11,759,760 |
|
|
Cash and cash equivalents
|
|
|
88,536 |
|
|
|
160,722 |
|
|
Investments income, rents and other receivables
|
|
|
134,801 |
|
|
|
45,897 |
|
|
Prepaid expenses and other assets
|
|
|
13,918 |
|
|
|
8,978 |
|
|
Allowance for impairment on assets held for sale
|
|
|
(1,687,783 |
)
|
|
|
- |
|
|
Total assets
|
|
$
|
10,256,507 |
|
|
$
|
11,975,357 |
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
|
Deferred rent and other liabilities
|
|
$
|
97,441 |
|
|
$
|
87,302 |
|
|
Finance lease liabilities
|
|
|
307,318 |
|
|
|
355,870 |
|
|
Accounts payable and accrued liabilities
|
|
|
85,414 |
|
|
|
48,234 |
|
|
Below-market lease liabilities, net
|
|
|
162,101 |
|
|
|
173,171 |
|
|
Total liabilities
|
|
$
|
652,274 |
|
|
$
|
664,577 |
|
|