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Other Assets
 9 Months Ended
Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets on the consolidated balance sheets as of September 30, 2022 and December 31, 2021 included the following (in thousands):
20222021
Predevelopment costs $31,510 $20,677 
Furniture, fixtures and equipment and other deferred costs, net of accumulated depreciation of $20,815 and $18,560 in 2022 and 2021, respectively
12,158 13,772 
Lease inducements, net of accumulated amortization of $4,770 and $3,721 in 2022 and 2021, respectively
8,183 5,735 
Prepaid expenses and other assets7,970 6,998 
Credit Facility deferred financing costs, net of accumulated amortization of $7,112 and $5,976 in 2022 and 2021, respectively
5,700 1,507 
$65,521 $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.