Other Assets (Tables)

9 Months Ended

Sep. 30, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Assets

The following table summarizes the components of other assets:

in thousands	September 30, 2025		December 31, 2024
Deferred rent	$	4,119	$	3,669
Prepaid expenses	1,718		791
Capitalized tax abatement, net(1)	1,072		1,196
Derivative instruments	554		1,733
Receivables, net	344		1,052
Deposits	265		339
Other	445		418
Total	$	8,517	$	9,198

(1)We obtained a tax abatement in conjunction with our purchase of the 3101 Agler property with an expiration date of December 31, 2031. We are amortizing the tax abatement over its remaining useful life as a component of property operating expenses in the condensed consolidated statements of operations. As of September 30, 2025, accumulated amortization of the capitalized tax abatement was $0.6 million.