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Other assets (Tables)
 9 Months Ended
Sep. 30, 2024
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, 2024 and December 31, 2023 (in
thousands):
September 30, 2024
December 31, 2023
Acquired in-place leases
$373,842
$461,613
Deferred compensation plan
46,471
40,365
Deferred financing costs – unsecured senior line of credit
51,470
(1)
30,897
Deposits
31,046
25,863
Furniture, fixtures, and equipment
35,967
26,560
Net investment in direct financing lease
40,645
40,097
Notes receivable
17,165
15,841
Operating lease right-of-use assets
776,740
(2)
516,452
Other assets
101,398
88,453
Prepaid expenses
40,271
30,969
Property, plant, and equipment
142,174
144,784
Total
$1,657,189
$1,421,894
(1)Increase is primarily due to the amendment and restatement of our unsecured senior line of credit to extend the maturity date from January 22, 2028 to January 22,
2030 in September 2024. Refer to Note 10 – “Secured and unsecured senior debt” to our unaudited consolidated financial statements for additional information.
(2)Includes the operating lease right-of-use asset related to an amendment executed in July 2024 to our existing ground lease agreement at the Alexandria Technology
Square® mega campus. For additional information, refer to “Leases in which we are the lessee” in Note 5 – “Leases” to our unaudited consolidated financial statements.