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Other Assets, Net and Accounts Payable and Other Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Other Assets and Other Liabilities | Other assets, net and accounts payable and other liabilities are comprised of the following for the periods presented:
|  | December 31, |  |  | December 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Other Assets, Net: |  |  |  |  |  |
Lease intangibles, net (Note 6) |  | $ | 86,853 |  |  | $ | 100,594 |
Derivative financial instruments (Note 8) |  |  | 31,145 |  |  |  | 28,989 |
Deferred charges, net (A) |  |  | 39,189 |  |  |  | 31,074 |
Accrued interest receivable (Note 3) |  |  | 32,154 |  |  |  | 25,553 |
Prepaid expenses |  |  | 15,448 |  |  |  | 15,204 |
Due from seller |  |  | 2,343 |  |  |  | 2,631 |
Income taxes receivable |  |  | 1,475 |  |  |  | 1,141 |
Deposits |  |  | 12,074 |  |  |  | 575 |
Corporate assets, net |  |  | 563 |  |  |  | 924 |
Other receivables |  |  | 2,523 |  |  |  | 1,775 |
|  | $ | 223,767 |  |  | $ | 208,460 |
(A) Deferred Charges, Net: |  |  |  |  |  |
Deferred leasing and other costs (a) |  | $ | 82,770 |  |  | $ | 73,908 |
Deferred financing costs related to line of credit |  |  | 13,889 |  |  |  | 9,829 |
|  |  | 96,659 |  |  |  | 83,737 |
Accumulated amortization |  |  | (57,470 | ) |  |  | (52,663 | )
Deferred charges, net |  | $ | 39,189 |  |  | $ | 31,074 |
Accounts Payable and Other Liabilities: |  |  |  |  |  |
Lease intangibles, net (Note 6) |  | $ | 77,534 |  |  | $ | 73,994 |
Accounts payable and accrued expenses |  |  | 68,354 |  |  |  | 61,425 |
Deferred income |  |  | 39,351 |  |  |  | 34,386 |
Tenant security deposits, escrow and other |  |  | 14,515 |  |  |  | 17,939 |
Lease liability - finance leases, net (Note 11) |  |  | 31,374 |  |  |  | 32,739 |
Derivative financial instruments (Note 8) |  |  | 1,598 |  |  |  | 8,892 |
|  | $ | 232,726 |  |  | $ | 229,375 |
(a) At December 31, 2024 and 2023, deferred leasing and other costs include direct and incremental capitalized internal leasing commissions incurred in connection with executed lease agreements of $4.1 million and $2.2 million, respectively, which are amortized on a straight-line basis over the terms of the related leases.

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