| Other Liabilities, Net |
11. Other Liabilities, Net The following table summarizes other liabilities, net: | | | | | | | | | December 31, | | | 2025 | | 2024 | | | | (In thousands) | Lease intangible liabilities | | $ | 3,871 | | $ | 2,996 | Accumulated amortization | | | (2,082) | | | (1,713) | Lease intangible liabilities, net | | $ | 1,789 | | $ | 1,283 | Lease incentive liabilities | | | 8,333 | | | 2,590 | Liabilities related to operating lease right-of-use assets | | | 40,764 | | | 44,430 | Prepaid rent | | | 13,936 | | | 12,978 | Security deposits | | | 13,135 | | | 11,167 | Environmental liabilities | | | 17,468 | | | 17,468 | Deferred tax liability, net | | | — | | | 3,917 | Dividends payable | | | 13,124 | | | 17,611 | Derivative financial instruments, at fair value | | | 12,350 | | | 2,395 | Accrual for loss contingencies | | | 2,500 | | | — | Other | | | 8,546 | | | 1,988 | Total other liabilities, net | | $ | 131,945 | | $ | 115,827 |
Amortization revenue included in "Property rental revenue" in our consolidated statements of operations related to lease intangible liabilities for each of the three years in the period ended December 31, 2025 was $369,000, $408,000 and $1.7 million. The following table summarizes the estimated amortization of lease intangible liabilities for the next five years and thereafter as of December 31, 2025: | | | | Year ending December 31, | | Amount | | | (In thousands) | 2026 | | $ | 340 | 2027 | | | 222 | 2028 | | | 192 | 2029 | | | 187 | 2030 | | | 187 | Thereafter | | | 661 | Total | | $ | 1,789 |
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