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Other Assets
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

12. Other Assets

The following is a summary of our other assets on our consolidated balance sheets (in thousands):

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Debt issue costs, net(1)

 

$

3,265

 

 

$

5,675

 

Other corporate assets

 

 

372,751

 

 

 

330,638

 

Prepaids and other assets

 

 

188,024

 

 

 

135,091

 

Total other assets

 

$

564,040

 

 

$

471,404

 

(1)
Relates to our revolving credit facility

Other corporate assets include building, land and land improvements associated with our corporate headquarters, furniture and fixtures, equipment, corporate vehicles, aircraft, enterprise and other software, deposits, and right-of-use assets associated with corporate leases. Included in prepaids and other assets is prepaid insurance, prepaid taxes, deferred income tax assets (net of valuation allowances, if any), non-tenant receivables, derivative assets, and lease incentives provided to tenants, among other items.

Other corporate assets increased in 2025 primarily due to additional funding of our new corporate headquarters, which we have recently completed. Remaining funding costs are estimated to be between $10 million and $15 million. Prepaids and other assets increased in 2025 primarily due to lease incentives provided to tenants as previously described in Note 3 to the consolidated financial statements.