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Other Assets
6 Months Ended
Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets on the consolidated balance sheets as of June 30, 2023 and December 31, 2022 included the following ($ in thousands):
20232022
Predevelopment costs $54,501 $50,009 
Prepaid expenses and other assets16,633 6,438 
Furniture, fixtures and equipment and other deferred costs, net of accumulated depreciation of $18,766 and $18,860 in 2023 and 2022, respectively
10,997 11,824 
Lease inducements, net of accumulated amortization of $5,360 and $5,129 in 2023 and 2022, respectively
7,922 8,091 
Credit Facility deferred financing costs, net of accumulated amortization of $1,488 and $135 in 2023 and 2022, respectively
4,916 5,550 
$94,969 $81,912 
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.