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OTHER ASSETS
3 Months Ended
Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS

NOTE 11. OTHER ASSETS

Other assets consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

As of

    

March 31, 2025

    

December 31, 2024

Income Property Tenant Receivables, Net of Allowance for Doubtful Accounts (1)

$

3,788

$

3,745

Income Property Straight-line Rent Adjustment

8,010

7,437

Income Property Leasing Commissions and Costs, Net

7,469

7,594

Operating Leases - Right-of-Use Asset

278

305

Cash Flow Hedge - Interest Rate Swap

7,155

12,517

Infrastructure Reimbursement Receivables

317

312

Prepaid Expenses, Deposits, and Other

1,916

1,676

Due from Alpine Income Property Trust, Inc.

1,486

1,468

Financing Costs, Net of Accumulated Amortization

1,048

1,147

Total Other Assets

$

31,467

$

36,201

(1)

Allowance for doubtful accounts was $2.1 million and $1.9 million as of March 31, 2025 and December 31, 2024, respectively.