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Prepaid Expenses and Other Assets, net | 3 Months Ended
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Mar. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Prepaid Expenses and Other Assets, net | Prepaid Expenses and Other Assets, net The following table summarizes the Company’s prepaid expenses and other assets, net as of:
| March 31, 2020 |  | December 31, 2019
Derivative assets | $ | — |  |  | $ | 479 |
Goodwill | 8,754 |  |  | 8,754 |
Non-real estate investments | 7,618 |  |  | 5,545 |
Deposits for future acquisitions | 20,500 |  |  | 22,405 |
Deferred financing costs | 2,927 |  |  | 3,246 |
Prepaid insurance | 107 |  |  | 3,463 |
Prepaid property tax | 1,035 |  |  | 2,070 |
Other | 27,160 |  |  | 23,012 |
PREPAID EXPENSES AND OTHER ASSETS, NET | $ | 68,101 |  |  | $ | 68,974 |
Goodwill No goodwill impairment indicators have been identified during the three months ended March 31, 2020. Non-Real Estate Investments The Company holds investments in an entity that does not report NAV. The Company marks this investment to fair value based on Level 2 inputs, whenever fair value is readily available or observable. Changes in fair value are included in the unrealized loss on non-real estate investment line item on the Consolidated Statements of Operations. To date, the Company has recognized an unrealized gain of $928.0 thousand due to observable changes in fair value. The Company did not recognize any changes to fair value for the three months ended March 31, 2020 and 2019. The Company also invests in an entity that reports NAV. The investment, which is in a real estate technology venture capital fund, involves a commitment of funding from the Company of up to $20.0 million. The Company uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value for the investment. As of March 31, 2020, the Company has contributed $5.5 million to this fund with $14.5 million remaining to be contributed. Changes in fair value are included in the unrealized loss on non-real estate investment line item on the Consolidated Statements of Operations. The Company recognized an unrealized loss of $581.0 thousand due to the observable changes in fair value for the three months ended March 31, 2020. No gain or loss was recognized due to observable changes in fair value for the three months ended March 31, 2019.

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