| Schedule of Other Assets and Other Liabilities |
Other assets, net and accounts payable and other liabilities are comprised of the following for the periods presented:
|
|
|
|
|
|
|
|
|
|
|
September 30, |
|
|
December 31, |
|
(in thousands) |
|
2026 |
|
|
2025 |
|
Other Assets, Net: |
|
|
|
|
|
|
Lease intangibles, net (Note 6) |
|
$ |
104,414 |
|
|
$ |
128,239 |
|
Derivative financial instruments (Note 8) |
|
|
30,709 |
|
|
|
9,738 |
|
Deferred charges, net (A) |
|
|
47,079 |
|
|
|
44,133 |
|
Accrued interest receivable (Note 3) |
|
|
11,748 |
|
|
|
8,916 |
|
Prepaid expenses |
|
|
16,316 |
|
|
|
17,327 |
|
Due from seller |
|
|
1,268 |
|
|
|
1,768 |
|
Income taxes receivable |
|
|
505 |
|
|
|
1,180 |
|
Deposits |
|
|
662 |
|
|
|
5,774 |
|
Corporate assets, net |
|
|
549 |
|
|
|
430 |
|
Other receivables |
|
|
3,754 |
|
|
|
6,475 |
|
|
|
$ |
217,004 |
|
|
$ |
223,980 |
|
|
|
|
|
|
|
|
(A) Deferred Charges, Net: |
|
|
|
|
|
|
Deferred leasing and other costs |
|
$ |
97,843 |
|
|
$ |
94,957 |
|
Deferred financing costs related to line of credit |
|
|
18,229 |
|
|
|
13,939 |
|
|
|
|
116,072 |
|
|
|
108,896 |
|
Accumulated amortization |
|
|
(68,993 |
) |
|
|
(64,763 |
) |
Deferred charges, net |
|
$ |
47,079 |
|
|
$ |
44,133 |
|
|
|
|
|
|
|
|
Accounts Payable and Other Liabilities: |
|
|
|
|
|
|
Lease intangibles, net (Note 6) |
|
$ |
87,311 |
|
|
$ |
95,991 |
|
Accounts payable and accrued expenses |
|
|
86,373 |
|
|
|
88,139 |
|
Deferred income |
|
|
29,941 |
|
|
|
34,102 |
|
Tenant security deposits, escrows and other |
|
|
21,682 |
|
|
|
19,939 |
|
Lease liability - finance leases, net (Note 11) |
|
|
32,674 |
|
|
|
32,112 |
|
Derivative financial instruments (Note 8) |
|
|
54 |
|
|
|
3,196 |
|
|
|
$ |
258,035 |
|
|
$ |
273,479 |
|
|