Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets, Net

v3.21.2
Prepaid Expenses and Other Assets, Net
 6 Months Ended
Jun. 30, 2021
Prepaid Expense and Other Assets [Abstract]  
Prepaid Expenses and Other Assets, Net Prepaid Expenses and Other Assets, Net
 
Prepaid expenses and other assets, net consisted of the following (in thousands): 
June 30,
2021		 December 31, 2020
Lease incentives, net $ 37,665  $ 35,642 
Furniture, fixtures and equipment, net 9,993  10,433 
Construction contract costs in excess of billings, net 9,766  10,343 
Net investment in sales-type leases 6,405  6,573 
Non-real estate equity investments 5,541  5,509 
Restricted cash 4,593  3,664 
Prepaid expenses 4,516  19,690 
Marketable securities in deferred compensation plan 2,662  3,027 
Deferred tax asset, net (1) 1,928  1,989 
Deferred financing costs, net (2) 1,876  2,439 
Other assets 7,212  5,274 
Prepaid expenses and other assets, net $ 92,157  $ 104,583 

(1)Includes a valuation allowance of $41,000 as of June 30, 2021 and $201,000 as of December 31, 2020.
(2)Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.