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Prepaid Expenses and Other Assets, net | 3 Months Ended
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Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Prepaid Expenses and Other Assets, net | Prepaid Expenses and Other Assets, net The following table summarizes the Company’s prepaid expenses and other assets, net as of:
| March 31, 2025 |  | December 31, 2024
Non-real estate investments | $ | 48,227 |  |  | $ | 50,373 |
Deferred tax assets | 15 |  |  | 8 |
Interest rate derivative assets | 3,093 |  |  | 4,325 |
Prepaid insurance | 2,030 |  |  | 10,074 |
Deferred financing costs, net | 2,567 |  |  | 2,165 |
Prepaid property tax | 1,064 |  |  | 2,129 |
Other | 28,861 |  |  | 21,040 |
PREPAID EXPENSES AND OTHER ASSETS, NET | $ | 85,857 |  |  | $ | 90,114 |
Non-Real Estate Investments The Company measures its investments in funds that do not have a readily determinable fair value using the Net Asset Value (“NAV”) practical expedient and uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value of the investment. Changes in the fair value of these non-real estate investments are included in unrealized loss on non-real estate investments on the Consolidated Statements of Operations. During the three months ended March 31, 2025 and 2024, the Company recognized unrealized losses of $0.4 million and $0.9 million, respectively, on its non-real estate investments due to the changes in fair value.

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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