v3.25.4

Deferred Leasing Costs, Net

12 Months Ended

Dec. 31, 2025

Deferred Leasing Costs, Net

Deferred Leasing Costs, Net

7.          Deferred Leasing Costs, Net

The following table summarizes the deferred leasing costs, net:

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​	​	​	​	​	​	​
​	​	December 31,
​	​ ​ ​	2025		​ ​ ​	2024
​	​	(In thousands)
Deferred leasing costs	​	$	156,097	​	$	161,406
Accumulated amortization	​		(89,741)	​		(91,585)
Deferred leasing costs, net	​	$	66,356	​	$	69,821

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