v3.25.4

OTHER LIABILITIES (Details) - USD ($) $ in Thousands | Dec. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Other Liabilities, Unclassified [Abstract] |  |  |
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, 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 | [1] | 2,143 | 0
Other liabilities |  | 609 | 1,636
Total Other Liabilities |  | $ 137,999 | $ 134,028
[1] | Included in Other liabilities on the Consolidated Balance Sheets.

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- Definition This element represents money paid in advance to protect the provider of a product or service, such as a lessor, against damage or nonpayment by the buyer or tenant (lessee) during the term of the agreement. Such damages may include physical damage to the property, theft of property, and other contractual breaches. Security deposits held may be interest or noninterest bearing. + References No definition available. + Details
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