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Other Assets
3 Months Ended
Mar. 31, 2024
Other Assets [Abstract]  
Other Assets

4.

Other Assets

 

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

 

(in thousands)

 

March 31, 2024

 

 

December 31, 2023

 

Goodwill

 

$

167,062

 

 

 

167,062

 

Investments(1)

 

 

140,587

 

 

 

51,992

 

Prepaid and other

 

 

56,937

 

 

 

40,635

 

Derivative assets

 

 

16,711

 

 

 

14,213

 

Furniture, fixtures, and equipment, net ("FF&E")

 

 

6,424

 

 

 

6,662

 

Deferred financing costs, net(2)

 

 

11,712

 

 

 

2,865

 

Total other assets

 

$

399,433

 

 

 

283,429

 

 

(1)
During the three months ended March 31, 2024, the Company invested approximately $90 million in commercial deposits from the proceeds received from the January public offering of senior unsecured notes.
(2)
The Company incurred additional financing costs related to recasting its Line of Credit. See Note 5 — Notes Payable and Unsecured Credit Facilities for discussion regarding these transactions.