Other Assets and Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2025

The following table details the components of Other Assets ($ in thousands):


	September 30, 2025		December 31, 2024
Interest rate and foreign currency hedging derivatives	$	1,079,224	$	2,002,173
Straight-line rent receivable	906,395		808,936
Held-for-sale assets	798,907		753,533
Intangible assets, net	708,220		826,900
Receivables, net	572,194		641,551
Single family rental homes risk retention securities	344,479		300,718
Securities held in trust	339,121		179,498
Prepaid expenses	223,383		175,167
Deferred leasing costs, net	149,139		148,889
Deferred financing costs, net	93,603		114,560
Due from affiliate(1)	—		95,024




Other	204,503		193,604
Total	$	5,419,168	$	6,240,553

(1)Refer to the Performance Participation Allocation section of Note 10 for additional information.

The following table details the components of Other Liabilities ($ in thousands):


	September 30, 2025		December 31, 2024
Liabilities related to held-for-sale assets	$	610,120	$	380,179
Right of use lease liability - operating leases	606,073		605,923
Accounts payable and accrued expenses	426,299		372,281
Real estate taxes payable	425,574		284,392
Stock repurchases payable	413,346		462,894
Financing of affordable housing development	340,682		177,902
Accrued interest expense	314,543		338,509
Distribution payable	200,424		202,801
Tenant security deposits	190,676		205,853
Prepaid rental income	171,501		179,464
Intangible liabilities, net	142,574		178,510
Subscriptions received in advance	122,929		143,030


Right of use lease liability - financing leases	80,394		79,493
Accrued service provider expenses(1)	34,641		33,685
Interest rate and foreign currency hedging derivatives	18,645		11,243



Other	113,232		131,546
Total	$	4,211,653	$	3,787,705

(1)Refer to the accrued service provider expenses and incentive compensation awards section of Note 10 for additional information.