v3.25.4
Accounts payable, accrued expenses and other liabilities
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Accounts payable, accrued expenses and other liabilities Accounts payable, accrued expenses and other liabilities
Accounts payable, accrued expenses and other liabilities consisted of the following as of December 31, 2025 and 2024:
As of December 31,
20252024
Deferred revenue$840,935 $829,839 
Accounts payable and accrued expenses562,773 465,665 
Accrued interest371,996 408,106 
Derivative liabilities (Note 12)72,727 15,440 
Operating lease liabilities (Note 17)48,961 55,777 
$1,897,392 $1,774,827