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Escrow Deposits, Prepaid Expenses and Other Assets (Tables)
12 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Summary of Escrow Deposits, Prepaid Expenses and Other Assets
The following table summarizes the components of escrow deposits, prepaid expenses and other assets as of December 31, 2023 and 2022 (amounts in thousands):
 December 31, 2023December 31, 2022
Consolidated land not owned (see Note 2)
$147,330 $108,114 
Escrow deposits, prepaid expenses and other136,640 105,811 
Commercial real estate, software, vehicles and FF&E, net96,862 85,772 
Operating lease right-of-use assets16,623 19,129 
Deferred costs and other intangibles, net7,630 10,237 
Notes receivable, net1,053 2,383 
Total$406,138 $331,446 
Deferred Costs and Other Intangibles
Deferred costs and other intangibles, net, consisted of the following as of December 31, 2023 and 2022 (amounts in thousands):
 December 31, 2023December 31, 2022
Deferred leasing costs$2,865 $2,375 
Deferred financing costs22,491 22,491 
25,356 24,866 
Less: accumulated amortization(17,726)(14,629)
Total$7,630 $10,237 
Amortization Expense Related to Deferred Costs and Other Intangibles
The following table sets forth the estimated annual amortization expense related to deferred costs and other intangibles, net as of December 31, 2023 for future periods (amounts in thousands):
Deferred Leasing CostsDeferred Financing CostsTotal
2024$1,394 $2,730 $4,124 
2025— 2,722 2,722 
2026— 784 784 
Total$1,394 $6,236 $7,630