credit / rates affecting interest expense
“Other Income and Expenses (in thousands) Three Months Ended March 31, 2026 2025 $ Change Other income (expense) Dividends and interest $ 3,205 $ 1,706 $ 1,499 Interest expense (59,392) (54,084) (5,308) Gain on sale of real estate assets 52,097 3,070 49,027 Other (2,261) (593) (1,668) Total other expense $ (6,351) $ (49,901) $ 43,550 Dividends and interest The increase in dividends and interest for the three months ended March 31, 2026 of $1.5 million, as compared to the corresponding period in 2025, was primarily due to an increase in interest income associated with higher average cash and cash equivalent balances partially offset by a lower weighted average interest rate return.”
BRX 10-Q