| OTHER ASSETS |
NOTE 11. OTHER ASSETS Other assets consisted of the following as of September 30, 2024 and December 31, 2023 (in thousands): | | | | | | | | | As of | | | September 30, 2024 | | December 31, 2023 | Income Property Tenant Receivables, Net of Allowance for Doubtful Accounts (1) | | $ | 5,072 | | $ | 4,568 | Income Property Straight-line Rent Adjustment | | | 7,269 | | | 6,033 | Income Property Leasing Commissions and Costs, Net | | | 6,544 | | | 4,943 | Operating Leases - Right-of-Use Asset | | | 333 | | | 422 | Golf Rounds Surcharge | | | — | | | 102 | Cash Flow Hedge - Interest Rate Swap | | | 6,599 | | | 11,770 | Infrastructure Reimbursement Receivables | | | 590 | | | 568 | Prepaid Expenses, Deposits, and Other | | | 1,264 | | | 3,514 | Due from Alpine Income Property Trust, Inc. | | | 1,362 | | | 1,395 | Financing Costs, Net of Accumulated Amortization | | | 1,253 | | | 1,638 | Total Other Assets | | $ | 30,286 | | $ | 34,953 |
(1) | Allowance for doubtful accounts was $2.2 million and $1.7 million as of September 30, 2024 and December 31, 2023, respectively. |
Infrastructure Reimbursement Receivables. As of September 30, 2024 and December 31, 2023, the infrastructure reimbursement receivables were all related to two land sale transactions which closed in the fourth quarter of 2015 within the Tomoka Town Center.
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