v3.25.4

OTHER LIABILITIES AND DEFERRED CREDITS (Tables) | 12 Months Ended
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Dec. 31, 2025
Other Liabilities Disclosure [Abstract] |
Summary of Other Liabilities and Deferred Credits | Other liabilities and deferred credits consist of the following (in thousands):
| December 31, 2025 |  | December 31, 2024
Acquired below market leases, net | $ | 10,923 |  |  | $ | 13,076 |
Prepaid rent and deferred revenue | 20,670 |  |  | 17,408 |
Straight-line rent liability | 6,880 |  |  | 7,692 |
Deferred compensation | 3,380 |  |  | 2,968 |
Deferred tax liability | 638 |  |  | 781 |
Lease liability | 18,774 |  |  | 20,638 |
Other liabilities | 39 |  |  | 25 |
Total other liabilities and deferred credits, net | $ | 61,304 |  |  | $ | 62,588 |

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