v3.25.4

OTHER LIABILITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Other Liabilities Disclosure [Abstract] |
Summary of other liabilities | A summary of the Company’s Other liabilities follows:
| December 31,
2025 |  | 2024
(In thousands)
Security deposits | $ | 48,200 |  |  | 43,506 |
Prepaid rent and other deferred income | 24,894 |  |  | 24,813 |
Operating lease liabilities — Ground leases | 37,072 |  |  | 39,387 |
Operating lease liabilities — Office leases | 1,688 |  |  | 2,269 |
Acquired below-market lease intangibles | 34,764 |  |  | 29,198 |
Accumulated amortization of acquired below-market lease intangibles | (11,371) |  |  | (6,781) |
Acquired below-market lease intangibles, net of accumulated amortization | 23,393 |  |  | 22,417 |
Interest rate swap liabilities | 2,143 |  |  | — |
Other liabilities | 609 |  |  | 1,636 |
Total Other liabilities | $ | 137,999 |  |  | 134,028 |

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