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Receivables

6 Months Ended

Jun. 30, 2023

5. Receivables

Accounts and Other Receivables, Net

Accounts and Other Receivables, net - is primarily comprised of contractual rents and other lease-related obligations currently due from customers. These amounts (net of an allowance for estimated uncollectible amounts) are shown in the subsequent table as Accounts receivable – trade, net. Other receivables shown separately from Accounts receivable – trade, net consist primarily of amounts that have not yet been billed to customers, such as for utility reimbursements and installation fees.


	Balance as of		Balance as of
(Amounts in thousands):	June 30, 2023		December 31, 2022
Accounts receivable – trade	$	672,355	$	551,393
Allowance for doubtful accounts		(42,624)		(33,048)
Accounts receivable – trade, net		629,731		518,345

Accounts receivable – customer recoveries		224,642		170,012
Value-added tax receivables		175,531		167,459
Accounts receivable – installation fees		60,060		60,663
Other receivables		68,419		52,813
Accounts and other receivables, net	$	1,158,383	$	969,292

Deferred Rent Receivables

Deferred rent receivables represent rental income that has been recognized as revenue under ASC 842, but which is not yet due from customers under their existing rental agreements. The Company recognizes an allowance against deferred rent receivables to the extent it becomes no longer probable that a customer or group of customers will be able to make substantially all of their required cash rental payments over the entirety of their respective lease terms. As of June 30, 2023, allowance for deferred rent receivables increased primarily due to a customer bankruptcy.


	Balance as of		Balance as of
(Amounts in thousands):	June 30, 2023		December 31, 2022
Deferred rent receivables	$	637,745	$	612,439
Allowance for deferred rent receivables		(38,949)		(10,849)
Deferred rent receivables, net	$	598,796	$	601,590