v3.26.3
Other assets (Tables)
 9 Months Ended
Sep. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets The following table summarizes the components of other assets as of September 30, 2026 and December 31, 2025 (in
thousands):
September 30, 2026
December 31, 2025
Acquired in-place leases
$158,803
$204,008
Deferred compensation plan
62,540
53,529
Deferred financing costs – unsecured senior line of credit
63,027
39,406
Deposits
28,043
28,618
Furniture, fixtures, equipment, and software
77,295
70,311
Net investment in leases
60,003
58,985
Notes receivable
276,808
258,033
Operating lease right-of-use assets
686,159
697,865
Other assets
92,031
87,036
Prepaid expenses
44,850
33,718
Property, plant, and equipment
127,905
130,263
Total
$1,677,464
$1,661,772
Schedule of Accounts, Notes, Loans and Financing Receivable Our notes receivable as of September 30, 2026 and December 31, 2025 consisted of the following (dollars in thousands):
September 30, 2026
Weighted-Average
Notes Receivable
Effective
Interest Rate
Maturity
Date
Balance
December 31, 2025
Secured by real estate assets in San Diego
9.9%
1/10/29
$262,023
$240,476
Secured by real estate assets in Greater Boston
6.2%
12/16/29
15,317
18,089
Less: provision for expected credit losses
(532)
(532)
Notes receivable
$276,808
$258,033