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Other Assets
 3 Months Ended
Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets on the consolidated balance sheets as of March 31, 2022 and December 31, 2021 included the following (in thousands):
20222021
Predevelopment costs $25,592 $20,677 
Prepaid expenses and other assets13,386 6,998 
Furniture, fixtures and equipment and other deferred costs, net of accumulated depreciation of $19,337 and $18,560 in 2022 and 2021, respectively
13,131 13,772 
Lease inducements, net of accumulated amortization of $4,071 and $3,721 in 2022 and 2021, respectively
6,675 5,735 
Credit Facility deferred financing costs, net of accumulated amortization of $6,355 and $5,976 in 2022 and 2021, respectively
1,128 1,507 
$59,912 $48,689 
Predevelopment costs represent amounts that are capitalized related to predevelopment projects that the Company determined are probable of future development.
Lease inducements are incentives paid to tenants in conjunction with leasing space, such as moving costs, sublease arrangements of prior space, and other costs. These amounts are amortized into rental revenues over the individual underlying lease terms.