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Other Assets | 9 Months Ended
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Sep. 30, 2021
Other Assets [Abstract] |
Other Assets |
4. | Other Assets
The following table represents the components of Other assets in the accompanying Consolidated Balance Sheets as of the dates set forth below:
(in thousands) |  | September 30, 2021 |  |  | December 31, 2020 |
Goodwill, net |  | $ | 169,560 |  |  |  | 173,868 |
Investments |  |  | 62,958 |  |  |  | 60,692 |
Prepaid and other |  |  | 25,026 |  |  |  | 17,802 |
Furniture, fixtures, and equipment, net |  |  | 5,487 |  |  |  | 6,560 |
Deferred financing costs, net |  |  | 8,021 |  |  |  | 2,524 |
Total other assets |  | $ | 271,052 |  |  |  | 261,446 |
The following table presents the goodwill balances and activity during the year to date periods ended:
|  | September 30, 2021 |  |  | December 31, 2020 |
(in thousands) |  | Goodwill |  |  | Accumulated Impairment Losses |  |  | Total |  |  | Goodwill |  |  | Accumulated Impairment Losses |  |  | Total |
Beginning of year balance |  | $ | 307,413 |  |  |  | (133,545 | ) |  |  | 173,868 |  |  |  | 310,388 |  |  |  | (2,954 | ) |  |  | 307,434 |
Goodwill allocated to Provision for impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (132,179 | ) |  |  | (132,179 | )
Goodwill allocated to Properties held for sale |  |  | (1,811 | ) |  |  | — |  |  |  | (1,811 | ) |  |  | (1,191 | ) |  |  | 1,191 |  |  |  | — |
Goodwill associated with disposed reporting units: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill allocated to Provision for impairment |  |  | (111 | ) |  |  | 111 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Goodwill allocated to Gain on sale of real estate |  |  | (2,497 | ) |  |  | — |  |  |  | (2,497 | ) |  |  | (1,784 | ) |  |  | 397 |  |  |  | (1,387 | )
End of period balance |  | $ | 302,994 |  |  |  | (133,434 | ) |  |  | 169,560 |  |  |  | 307,413 |  |  |  | (133,545 | ) |  |  | 173,868 |
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. During 2020, the Company recognized $132.2 million of Goodwill impairment following the market disruptions of the COVID-19 pandemic, which was considered a triggering event requiring evaluation of reporting unit fair values for Goodwill impairment. Of the 269 reporting units with Goodwill, 87 were determined to have fair values lower than carrying value, resulting in $132.2 million of Goodwill impairment.

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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