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Accounts Receivable, Net
6 Months Ended
Jun. 30, 2025
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Accounts Receivable, Net Accounts Receivable
The following table summarizes the carrying amounts of accounts receivable as of June 30, 2025 and December 31, 2024 (in thousands):
June 30, 2025December 31, 2024
Receivable from tenants$6,725 $5,160 
Receivable from non-tenants (1)7,664 7,094 
Straight-line rent receivable80,125 72,335 
Total$94,514 $84,589 

(1) Receivable from non-tenants includes $5.8 million of a payment made to the City of Kansas City, Missouri (the City) under protest related to an assessment of tax years ending December 31, 2018 through 2022. The City has denied the Company’s necessary deduction for dividends paid for each of these years resulting in assessment of additional tax, penalties and interest. The Company filed a lawsuit and demanded a refund of $5.9 million payment during the year ended December 31, 2024, and the lawsuit is ongoing. The Company and the City have reached an agreement, which is favorable to the Company, regarding the application of alternative methodology for apportionment of taxes for periods beginning 2024. However, the Company has requested but not yet resolved
retroactive application of tax apportionment methodology for periods prior to 2024. Nonetheless, to be consistent with the agreed forward apportionment treatment, the Company recognized $0.1 million of expense related to prior periods and, accordingly, reduced the receivable related to the assessment to $5.8 million during the quarter ended June 30, 2025. Additionally, during the quarter ended June 30, 2025, the Company received from the City a notice related to the Company’s 2023 tax period, assessing an additional $0.9 million of tax, penalties and interest on the same basis as the protested 2018-2022 assessment. The Company's formal protest against the 2023 assessment did not require the payment of any amounts. Although there can be no assurances, based on the Company's position in the 2018-2022 lawsuit and 2023 formal protest, the Company believes that it is more likely than not that the 2018 to 2022 payment will be refunded and that the 2023 assessment will be resolved favorably.