v3.25.4

OTHER ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
OTHER ASSETS | OTHER ASSETS Other assets consist of the following (in thousands):
| December 31, 2025 |  | December 31, 2024
Leasing commissions, net of accumulated amortization of $56,094 and $51,068, respectively | $ | 36,223 |  |  | $ | 34,862 |
Interest rate swap asset | 2,011 |  |  | 5,215 |
Acquired above market leases, net | 3 |  |  | 29 |
Acquired in-place leases, net | 10,209 |  |  | 14,015 |
Lease incentives, net of accumulated amortization of $1,239 and $1,171, respectively | 2,110 |  |  | 1,760 |
Other intangible assets, net of accumulated amortization of $2,361 and $2,062, respectively | 1,489 |  |  | 1,560 |
Debt issuance costs on line of credit, net of accumulated amortization of $2,591 and $1,943, respectively | 250 |  |  | 648 |
Right-of-use lease asset, net | 17,246 |  |  | 18,993 |
Prepaid expenses, deposits and other | 10,956 |  |  | 10,655 |
Total other assets | $ | 80,497 |  |  | $ | 87,737 |
Lease incentives are amortized over the term of the related lease and included as a reduction of rental income in the statement of comprehensive income.

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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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