v3.25.4

Other Assets, Net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Other Assets, Net |
Schedule of other assets, net | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024
​ | ​ | (In thousands)
Prepaid expenses | ​ | $ | 9,648 | ​ | $ | 10,834
Derivative financial instruments, at fair value | ​ | ​ | 13,094 | ​ | ​ | 25,682
Deferred financing costs, net | ​ |  | 4,362 | ​ |  | 7,280
Operating lease right-of-use assets | ​ | ​ | 41,491 | ​ | ​ | 44,034
Investments in funds (1) | ​ | ​ | 30,555 | ​ | ​ | 27,665
Other investments (2) | ​ | ​ | 13,828 | ​ | ​ | 11,343
Other | ​ |  | 4,309 | ​ |  | 4,480
Total other assets, net | ​ | $ | 117,287 | ​ | $ | 131,318
(1) | Consists of investments in real estate-focused technology companies which are recorded at their fair value based on their reported net asset value. The following table summarizes unrealized and realized gains (losses), which were included in "Interest and other income, net" in our consolidated statements of operations:
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ | 2023
​ | ​ | (In thousands)
Unrealized gains | ​ | $ | 1,504 | ​ | $ | 4,848 | ​ | $ | 1,254
Realized gains (losses) | ​ | ​ | 425 | ​ | ​ | (1,328) | ​ | ​ | (758)
​
(2) | Primarily consists of equity investments in the Washington Housing Initiative ("WHI") Impact Pool and the LEO Impact Housing Fund. See Note 22 for additional information.
Schedule of summarizes unrealized and realized gains (losses) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ | 2023
​ | ​ | (In thousands)
Unrealized gains | ​ | $ | 1,504 | ​ | $ | 4,848 | ​ | $ | 1,254
Realized gains (losses) | ​ | ​ | 425 | ​ | ​ | (1,328) | ​ | ​ | (758)
​

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration