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Other Assets and Liabilities

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other Assets and Liabilities

Other Assets and Liabilities

Other Assets

Other assets consist primarily of intangible assets, prepaid assets, real estate notes receivable, straight-line rent receivables, accounts receivable, additional long-lived assets and interest rate swaps. Items included in "Other assets, net" on the Company's Condensed Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022 are detailed in the table below:

Dollars in thousands						March 31, 2023						December 31, 2022
Real estate notes receivable, net 1						$	147,326					$	99,643
Straight-line rent receivables						98,923						88,868
Prepaid assets						88,694						81,900
Above-market intangible assets, net						85,100						80,720
Accounts receivable, net						48,676						47,498
Additional long-lived assets, net						22,173						21,446
Interest rate swap assets						9,767						14,512
Investment in securities 2						6,011						6,011
Other receivables, net						5,962						7,169
Debt issuance costs, net						5,449						5,977
Project costs						4,900						4,337
Net investment in lease						1,828						1,828
Customer relationship intangible assets, net						1,106						1,120
Other						8,505						8,961
						$	534,420					$	469,990

1This amount includes an allowance for credit losses. See Note 1 for additional information.

2This amount represents the value of the Company's preferred stock investment in a data analytics platform.

Accounts Payable and Accrued Liabilities

The following table provides details of the items included in "Accounts payable and accrued liabilities" on the Company's Condensed Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022:

Dollars in thousands						March 31, 2023						December 31, 2022
Accrued property taxes						$	48,629					$	78,185
Accounts payable and capital expenditures						35,128						57,352
Accrued interest						28,483						50,037
Other operating accruals						42,970						58,459
						$	155,210					$	244,033

Other Liabilities

The following table provides details of the items included in "Other liabilities" on the Company's Condensed Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022:

Dollars in thousands						March 31, 2023						December 31, 2022
Below-market intangible liabilities, net						$	96,214					$	97,935
Deferred revenue						90,979						87,325
Security deposits						29,020						28,521
Interest rate swap liability						11,927						4,269
Other						3,889						618
						$	232,029					$	218,668

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- Definition

The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-URI https://asc.fasb.org/topic&trid=2122208

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