Other Assets

12 Months Ended

Dec. 31, 2024

The following table represents the components of Other assets in the accompanying Consolidated Balance Sheets as of the periods set forth below:


(in thousands)	December 31, 2024		December 31, 2023
Goodwill	$	166,739		167,062
Investments		51,820		51,992
Prepaid and other		40,240		40,635
Derivative assets		12,781		14,213
Furniture, fixtures, and equipment, net		7,954		6,662
Deferred financing costs, net		9,512		2,865
Total other assets	$	289,046		283,429

The following table presents the goodwill balances and activity during the year ended:


	December 31, 2024									December 31, 2023
(in thousands)	Goodwill			Accumulated Impairment Losses			Total			Goodwill			Accumulated Impairment Losses			Total
Beginning of year balance	$	294,524			(127,462	)		167,062		$	300,496			(133,434	)		167,062
Goodwill allocated to Properties held for sale		—			—			—			(5,972	)		5,972			—
Goodwill associated with disposed reporting units:
Goodwill allocated to Gain on sale of real estate		(1,884	)		1,561			(323	)		—			—			—
End of year balance	$	292,640			(125,901	)		166,739		$	294,524			(127,462	)		167,062

As the Company identifies properties ("reporting units") that no longer meet its investment criteria, it will evaluate the property for potential sale. A decision to sell a reporting unit results in the need to evaluate its goodwill for recoverability and may result in impairment. Additionally, other changes impacting a reporting unit may be considered a triggering event. If events occur that trigger an impairment evaluation at multiple reporting units, a goodwill impairment may be significant.