CNSREIT-AR-2024 Final - Flipbook - Page 129
The Company did not have any intangible assets or liabilities as of December 31, 2023.
The estimated future amortization on the Company9s lease intangibles for each of the next five years and thereafter as of
December 31, 2024 is as follows ($ in thousands):
2025
2026
2027
2028
2029
Thereafter
$
$
In-Place Lease
Above-Market Lease
Below-Market Lease
Intangibles
Intangibles
Intangibles
7,900 $
170 $
(1,626)
6,671
155
(1,586)
5,778
120
(1,568)
4,182
96
(1,512)
2,863
45
(1,468)
6,189
106
(17,199)
33,583 $
692 $
(24,959)
Note 6: Other Assets and Liabilities
The following table summarizes the components of other assets ($ in thousands):
December 31,
2024
Receivables - property
Receivables - real estate-related securities
Prepaid expenses
Straight-line rent receivable
Deposits on real estate-related acquisitions
Prepaid financing costs (1)
Other
Total
$
2023
1,266 $
244
34
115
1,764
267
213
3,903 $
$
4
4
4
4
4
4
4
4
_________
(1)
Costs paid in advance related to future property-related financing. Such costs are not amortized until the related
borrowing is made.
The following table summarizes the components of accounts payable, accrued expenses and other liabilities ($ in
thousands):
December 31,
2024
Accounts payable and accrued expenses
Real estate taxes payable
Distributions payable
Prepaid rent
Security deposits - property
Subscriptions received in advance
Total
$
$
112
2023
2,313 $
719
558
482
292
113
4,477 $
252
4
4
4
4
4
252
