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Impairments and Credit Losses
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Impairments and Credit Losses
Note 3. Impairments and Credit Losses
Starting in early 2020, the challenges related to COVID-19 have significantly impacted our expected investments, operating plans and projected cash flows. Refer to Note 1. General for further information regarding COVID-19 and its impact to the Company. As a result of these events, we performed interim impairment evaluations during 2020 on certain assets.
During the quarter and six months ended June 30, 2020, we recognized combined impairment and credit losses of $156.5 million and $1.3 billion, respectively, which are reported within Impairment and credit losses within our consolidated statements of comprehensive loss. For the quarter ended June 30, 2020, we recognized impairment losses of $64.9 million primarily related to our property and equipment, net and right-of-use assets. We recognized impairment losses of $1.1 billion during the six months ended June 30, 2020 primarily related to goodwill, trademarks and trade names, property and equipment, net and right-of-use assets. The credit losses of $91.6 million and $129.7 million recognized during the quarter and six months ended June 30, 2020, respectively, related to our notes receivable.
In addition, an impairment charge of $39.7 million related to our equity investments was recognized in earnings during the quarter ended March 31, 2020 and is reported within Equity investment loss within our consolidated statements of comprehensive loss for the six months ended June 30, 2020.
For the quarter ended March 31, 2021, we had no indication of impairment or credit losses. During the quarter ended June 30, 2021, we determined that certain construction in progress projects would be reduced in scope or would no longer be completed due to the impact COVID-19 has had on our operations. This led to an impairment of $40.6 million of construction in progress assets previously reported in Property and equipment, net. This impairment charge was reported within Impairment and Credit Losses in our consolidated statements of comprehensive loss for the three and six months ended June 30, 2021.
The adverse impact COVID-19 will continue to have on our business, operating results, cash flows and overall financial condition is uncertain and may result in changes to the assumptions used in the impairment tests, which may result in additional impairments to these assets in the future.