XML 78 R28.htm IDEA: XBRL DOCUMENT
v3.20.1

Other Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Other Assets [Abstract] |
Schedule of Other Assets | The following table represents the components of Other assets in the accompanying Consolidated Balance Sheets:
(in thousands) |  | March 31, 2020 |  |  | December 31, 2019 |
Goodwill, net |  | $ | 174,830 |  |  |  | 307,434 |
Investments |  |  | 45,301 |  |  |  | 50,354 |
Prepaid and other |  |  | 29,354 |  |  |  | 18,169 |
Derivative assets |  |  | — |  |  |  | 2,987 |
Furniture, fixtures, and equipment, net |  |  | 6,868 |  |  |  | 7,098 |
Deferred financing costs, net |  |  | 4,147 |  |  |  | 4,687 |
Total other assets |  | $ | 260,500 |  |  |  | 390,729 |
Schedule of Goodwill | The following table presents the goodwill balances and activity during the year to date periods ended:
|  | March 31, 2020 |  |  | December 31, 2019 |
(in thousands) |  | Goodwill |  |  | Accumulated Impairment Losses |  |  | Total |  |  | Goodwill |  |  | Accumulated Impairment Losses |  |  | Total |
Beginning of year balance |  | $ | 310,388 |  |  |  | (2,954 | ) |  |  | 307,434 |  |  |  | 316,858 |  |  |  | (2,715 | ) |  |  | 314,143 |
Goodwill allocated to Provision for impairment |  |  | — |  |  |  | (132,179 | ) |  |  | (132,179 | ) |  |  | — |  |  |  | (2,954 | ) |  |  | (2,954 | )
Goodwill allocated to Properties held for sale |  |  | (963 | ) |  |  | 963 |  |  |  | — |  |  |  | (2,472 | ) |  |  | — |  |  |  | (2,472 | )
Goodwill associated with disposed reporting units: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill allocated to Provision for impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,779 | ) |  |  | 1,779 |  |  |  | — |
Goodwill allocated to Gain on sale of real estate |  |  | (425 | ) |  |  | — |  |  |  | (425 | ) |  |  | (2,219 | ) |  |  | 936 |  |  |  | (1,283 | )
End of period balance |  | $ | 309,000 |  |  |  | (134,170 | ) |  |  | 174,830 |  |  |  | 310,388 |  |  |  | (2,954 | ) |  |  | 307,434 |
As the Company identifies properties (“reporting units”) that no longer meet its investment criteria, it will evaluate the property for potential sale. A decision to sell a reporting unit results in the need to evaluate its goodwill for recoverability and may result in impairment. Additionally, other changes impacting a reporting unit may be considered a triggering event. If events occur that trigger an impairment evaluation at multiple reporting units, a goodwill impairment may be significant.

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration