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Other Assets (Tables)
6 Months Ended
Jun. 30, 2025
Other Assets [Abstract]  
Summary of Other Assets

Other assets as of June 30, 2025 and December 31, 2024 were as follows:

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2025

 

 

2024

 

Deferred financing costs (1)

 

$

 

8,577

 

 

$

 

-

 

Earnest deposits and prepaid due diligence costs (2)

 

 

5,828

 

 

 

-

 

Other assets (3)

 

 

 

853

 

 

 

 

-

 

Total other assets

 

$

 

15,258

 

 

$

 

-

 

(1) Deferred financing costs for Revolving Credit Facility.

(2) Includes net earnest deposits of $4.0 million and due diligence costs for Rausch land acquisition of $1.8 million.

(3) Includes prepaid taxes of $0.8 million and other prepaid expenses.