Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Assets, Net (Tables)

v3.22.0.1
Prepaid Expenses and Other Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2021
Prepaid Expense and Other Assets [Abstract]  
Schedule of prepaid expenses and other assets
Prepaid expenses and other assets, net consisted of the following (in thousands):
 
December 31,
2021 2020
Lease incentives, net $ 51,486  $ 35,642 
Construction contract costs in excess of billings, net 22,384  10,343 
Prepaid expenses 20,058  19,690 
Furniture, fixtures and equipment, net 9,599  10,433 
Net investment in sales-type leases 6,194  6,573 
Non-real estate equity investments 5,544  5,509 
Restricted cash 4,054  3,664 
Marketable securities in deferred compensation plan 2,556  3,027 
Deferred tax asset, net 1,841  1,989 
Deferred financing costs, net (1) 1,314  2,439 
Other assets 5,708  5,274 
Prepaid expenses and other assets, net $ 130,738  $ 104,583 
(1)Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.
Schedule of tax effects of temporary differences and carry forwards in net deferred tax assets
Deferred tax asset, net reported above includes the following tax effects of temporary differences and carry forwards of our TRS (in thousands):
December 31,
2021 2020
Operating loss carry forward $ 1,835  $ 2,087 
Property 30  103 
Valuation allowance (24) (201)
Deferred tax asset, net $ 1,841  $ 1,989