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Other assets (Tables)
9 Months Ended
Sep. 30, 2025
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, 2025 and December 31, 2024 (in
thousands):
September 30, 2025
December 31, 2024
Acquired in-place leases
$235,299
$305,144
Deferred compensation plan
51,470
47,727
Deferred financing costs – unsecured senior line of credit
41,819
49,056
Deposits
28,790
21,768
Furniture, fixtures, equipment, and software
63,245
39,558
Net investment in leases
57,971
41,503
Notes receivable
220,458
120,546
Operating lease right-of-use assets
713,433
(1)
764,472
Other assets
109,789
96,690
Prepaid expenses
47,419
33,567
Property, plant, and equipment
131,092
141,275
Total
$1,700,785
$1,661,306
(1)Refer to “Leases in which we are the lessee” in Note 5 – “Leases” for information about the decrease in this balance since December 31, 2024.
Schedule of Accounts, Notes, Loans and Financing Receivable Our notes receivable as of September 30, 2025 and December 31, 2024 consisted of the following (dollars in thousands): 
As of September 30, 2025
Weighted Average
Notes Receivable
Effective
Interest Rate
Maturity
Date
Balance
December 31, 2024
Secured by real estate assets in San Diego
10.1%
11/4/28
$203,013
$103,427
Secured by real estate assets in Greater Boston
4.6%
12/16/29
17,918
17,356
Less: provision for expected credit losses
(473)
(237)
Notes receivable
$220,458
$120,546