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Other Liabilities, Net
3 Months Ended
Mar. 31, 2025
Other Liabilities, Net  
Other Liabilities, Net

8.Other Liabilities, Net

The following is a summary of other liabilities, net:

    

March 31, 2025

    

December 31, 2024

(In thousands)

Lease intangible liabilities, net

$

1,209

$

1,283

Lease incentive liabilities

 

6,099

 

2,590

Liabilities related to operating lease right-of-use assets

 

43,526

 

44,430

Prepaid rent

 

13,192

 

12,978

Security deposits

 

11,408

 

11,167

Environmental liabilities

 

17,468

 

17,468

Deferred tax liability, net

 

3,631

 

3,917

Dividends payable

 

 

17,611

Derivative financial instruments, at fair value

 

5,683

 

2,395

Other (1)

 

42,072

 

1,988

Total other liabilities, net

$

144,288

$

115,827

(1)

Amount as of March 31, 2025 is primarily related to accrual for common shares repurchased pending settlement.